Wednesday 1       When you begin a business, always pull out all the capital that has been invested before any dividends are paid.  Restore each investor’s capital before anything else. Only then can you begin to get ahead. 2       In a non-market, quasi-socialist economy, such as the western world has laboured under for the past 100 … [Read more...]

Monday The only thing that has kept our business alive over the last few decades of ever-greater regulatory hardship has been an insistence on paying cash for what we have.  We have stoically remained debt free.  That we were not burdened by the need to service a debt is part of what saved us from the shuttered-up state of many others. We are in the third … [Read more...]

Saturday The damage that has already been done to the Australian economy is immense.  As awareness of that damage seeps into the minds of our politicians, there will likely be an about turn. But, even if businesses are allowed to re-open next week, is it already too late? With few exceptions, small business has been operating on the margins for years in … [Read more...]

Friday As I languidly wandered the garden, I had the hazy thought that it is not just the lack of money and morals, and imminent collapse of society that bears comparison to the fall of the Western Roman Empire in 476AD, it is the Coliseum type carnival that we are surrounded by. Businesses are being thrown to the lions by the government, egged on by an hysterical … [Read more...]

Thursday … [Read more...]