3 ms·
I am not so sure about that. When I was consultant I had several clients that were a complete pain to deal with but they also had a lot of money to spend so it
by Ididntdothis 7y ago
I am not so sure about that. When I was consultant I had several clients that were a complete pain to deal with but they also had a lot of money to spend so it was worth it in the end. When I read business biographies I get the impression that a lot of successful people/companies like Gates, Jobs, Ellison or Walmart are really hard to do business with. They will exploit you as soon as you make the slightest mistake but if you play everything right you can make good money.
- wolco 7y agoI would advise never to do business with Walmart, Apple, Microsoft as a small business. They have so much leverage over you, mistake or not things are out of your control from the start. The more work you do for them the more they take over the rest of your business. Get bigger then talk.
- fuzzfactor 7y agoIf the monopolist is huge enough, they control an enormous cascade of wealth transfer. There are many points for a small business to tap into one or more of their streams in a way which everybody wins. But this usually requires that no disruption takes place. Without actually adding value (to natural resources) yourself, you are allowed to remove enough value to grow an operation having share price which can outperform the underlying monopoly. This is a common strategy with oil & chemical companies. They can also afford to not be a pain or make you wait until the end to be financially worth it.