Wholly owned businesses have rigid loyalty structures which make them harder to acquire. If they don’t want to sell there’s nothing much you can do about it. If they do sell or are forced to give up their business the management void they leave behind makes it easier for you to administer.
Partnerships, on the other hand, have many allegiances within the organisation making them easier to acquire but much harder to administer. There’ll always be loyalties directed to one partner or another.
No matter how much one attempts to enjoy a work of cinematic science fiction, one cannot help but feel robbed. This is what the makers of ‘Oblivion’ have done. They promised something fantastic and poured $120,000,000 into an intriguing concept, so intriguing that even with a marketing campaign featuring Tom Cruise looking bored…
I still felt compelled to watch this thing.
Continue reading “Tech 62 repairs ‘Oblivion’”
“I think we in the Old West had a few decades to improve the economic model and failed to do so, so now we have lost the game.” – zassygirl19
“All of the end of the world scenarios such as economic collapse will be in response to the government’s actions. The government is the biggest threat to the city-state especially when you have people like Edwards and Dochersky in positions of power with virtually no oversight. The Senate would not dare challenge Dochersky.” – 060Prepper090
“If we don’t do something soon, the shit will be over for the type of social-capitalism that many of us have lived through and thought was the best type of capitalism.” – zanzara2141
When administering composite companies, again weaken the stronger powers within each component and keep the weak powers weak. Don’t bring in outside help. This will only weaken your position. In other words, don’t acquire more than can be managed.
James Tucker – CEO of MercurEx, 25 RULES FOR THE MODERN UBERMAN
Companies can be divided into two main categories: composite companies and component companies. Composite companies are made up of separate business entities that are bought out and incorporated into a single conglomerate corporation. The challenge with managing a composite company is they have legacy loyalty and culture and political arrangments that can cause imbalances and disruptions within the company, and to the business, which can lead to vulnerabilities that could inflict long-term damage to you and your corporation.
New takeovers always cause problems for the uberman. Employees and shareholders are willing to change administration to improve their situation, but if the existing culture is antagonistic to yours they soon discover that things have gotten worse because a new administrator must damage and dismantle the previous administration. This will inevitably create enemies within the company because agents from the previous administration will plot to undermine you, depending on how misaligned the existing culture is with yours.
If takeover composite companies have similar politics and culture it is easy to keep most of the administration. As long as you do not change their way of life, you need only wipe out the old executive to keep them.
But if new acquisitions have a different culture or political customs, they are difficult to keep. They will bankrupt you. Go and work there yourself, to establish an executive, protect the allied minor powers, weaken strong factions within the business to the extent of eliminating and replacing the entire executive, and guard against external influences.
If the task is too great, do not bite off more than you can chew.
Simply stay away.
Halfway through 2011, I came across the phenomenon of Bitcoin, and my head went into a tailspin. This was a revolution. I felt it in my bones. But I was reluctant to buy in and profit from it. At the time, it had the aura of an elaborate, hi-tech scam. The ultimate in electronic pyramid schemes. And the amount of hacking going on against the Bitcoin exchanges (run from servers in people’s garages) didn’t help things either. I felt it was never intended as an alternative currency. Who in their right mind would trade commodities online or shop with them?
Sure, it (kind of) bypassed third parties and fees, and it seemed easy to use. But once you send off a bitcoin to some address that is it. It’s irreversible. There is no redress. Online fraud using bitcoins leaves no paper trail to physically follow. Although there is an electronic trail, how does one place trust in such a new system?
Even drug dealers would be hesitant to use this nascent technology. Imagine Tony Montana rocking up to a meeting with the Colombians with a laptop.
Then imagine him having to wait for the transactions to be confirmed. Chain saws. Fun and games. Even gangsters rely on strong banking institutions to keep their wealth safe. And even then these same institutions are prone to nationalisation, or bankruptcy.
This technology has yet to find a proper use, yet punters poured millions of dollars into the “early adopters” pockets. Go to their forums and you’ll find rampant spruiking and fever-pitch excitement each time some Gordon Gekko forks out money to buy these things. Try being negative on these forums and they ignore you, or you get labelled a troll.
That was then. The case remains the same today. I see nothing has changed.
The current problem we have with fiat money is hoarding. Existing in a dual state, as a medium of exchange as well as a store of value, fiat currencies are vulnerable to hoarding, which starves the lifeblood out of economies. (which is another story.) Yet fiats are trusted by citizens (or forced upon them, since governments don’t give anyone much of a choice) and are at least designed to “stabilise” economies, Keynesian style. What are bitcoins designed to do? They are perfect for hoarding! They are easier to hoard than fiat cash or gold. At best, P2P crypto-currencies are designed to rob governments of their ability to collect taxes, so no hospitals, roads, and God forbid, no social security. Perhaps governments will find a way to get the early adopters will pay for such things. Fiat currencies are also backed by governments, by law or by force. What will back bitcoins when early adopters decide to cash in, flood the bitcoin casinos and send those Gekko’s screaming for the door? As long as Bitcoins remain deflationary they will be hoarded more zealously than gold or government bonds.
Right now it’s all about fooling enough punters to part with their fiat cash so it can be redistributed to some other punter. In the future, the technology behind these crypto-currencies will eventually find a way to complement society. Key factor. The technology can be duplicated. e.g. Litecoin, Namecoin, Ixcoin. ppcoin. All corporations have to do is start their own blockchains. e.g. Google Money. Facecoin. Retailers could convert their own rewards and loyalty programs into tailor-made cryptocurrencies. Music and movie corporations could use the same peer-to-peer technology that nearly wiped them out, to create a system of distribution using cryptocurrencies. Sonycoin. Applecash, AmazonDollars. Hell, even governments could start their own bond market and social security blockchain. UScoin, Auscoin. Eurocoin.
In fact, there is no doubt in my mind this will happen. It may be too late to profit from Bitcoin right now, (since I missed out on buying them at 5 cents), but expecting Bitcoin’s value to hit a million dollars per unit is tuliptistic. Once cryptonium currencies enter the mainstream economy in numerous manifestations this whole argument will become trivial. And even then, once quantum computing hits the scene, everything we understand today will become anecdotal. Unless cryptographic hash functions become so large and complex, they start grinding down machines running at light speed, since the speed of light is indeed finite and numbers are… well, infinite.
But that’s also another story.
“In most areas of the world, food security is no longer a given, thus over 800 million people are poised to perish by the time we celebrate the New Year. Water and land mismanagement, climate destabilization, neo-colonialism and kleptocracies have robbed the majority of humanity of its land and capital. Wealth has been squandered protecting wealth so the capacity for any viable reinvestment in humanity has now become non-existent. What lies ahead is unprecedented, unpredictable and very, very dark.”Travion – CAST434456XCT66_TRAVION^MOJOBLUE^^CORE
Land mismanagement, climate destabilization, neo-colonialism, and kleptocracies have always posed significant challenges to our present and future societies. These interconnected issues have had profoundly dark and far-reaching effects on various aspects of human life, including food security, economic development, social equity, and environmental sustainability.
Deforestation, overgrazing, and improper agricultural practices lead to soil erosion, loss of biodiversity, and decreased agricultural productivity. As fertile land diminishes, food production becomes increasingly challenging, exacerbating food insecurity and jeopardizing the livelihoods of millions. This ultimately contributed to social unrest, mass migration, and conflicts over scarce resources over the past two decades.
Primarily caused by greenhouse gas emissions, resulting in rising global temperatures, erratic weather patterns, and more frequent and severe natural climate disasters. These changes impacted agriculture, water resources, and human settlements.
This has led to crop failures, water scarcity, displacement, and increased vulnerability to extreme weather events. The consequences disproportionately affected marginalized communities, exacerbating the extreme inequalities and strained social cohesion we have today.
Resources, labour, and markets of less developed countries have been exploited for the benefit of dominant supranationals or multinational corporations. It often involves unfair trade practices, unequal access to resources, and economic dependencies that hinder local development. This perpetuates poverty, limits self-determination, and stifles the potential for sustainable growth and prosperity.
Corrupt leadership and institutionalized embezzlement have diverted public funds and resources away from critical social investments. These systems prioritize personal wealth accumulation over public welfare, leading to inadequate infrastructure, limited access to education and healthcare, and stifled economic progress. The resulting inequality and lack of social mobility have hindered human potential and perpetuated cycles of poverty.
It is crucial to recognize that these issues have now become insurmountable. By failing to address them with urgency and determination, we are no longer able to mitigate these negative impacts.
Effective land management practices, sustainable agriculture, and reforestation efforts have been rendered ineffective with the current pollution levels. Mitigating climate change through the reduction of greenhouse gas emissions, renewable energy investments, and adaptation measures hasn’t been adequate. Neo-colonial practices have exploded and fair trade agreements have disintegrated. Corruption and bad governance have established opaque centralised systems that prioritize big scramble economics.
In most areas of the world, food security is no longer a given, thus over 800 million people are poised to perish by the time we celebrate the New Year. Water and land mismanagement, climate destabilization, neo-colonialism and kleptocracies have robbed the majority of humanity of its land and capital. Wealth has been squandered protecting wealth so the capacity for any viable reinvestment in humanity has now become non-existent. What lies ahead is unprecedented, unpredictable and very, very dark.
“In most areas of the world, food security is no longer a given, thus over 800 million people are poised to perish by the time we celebrate the New Year. Water and land mismanagement, climate destabilization, neo-colonialism and kleptocracies have robbed the majority of humanity of its land and capital. Wealth has been squandered protecting wealth so the capacity for any viable reinvestment in humanity has now become non-existent. What lies ahead is unprecedented, unpredictable and very, very dark.”
Travion
When the acquisition is a new appendage to your existing company… Run it in person! Put your own people in there! Weaken the stronger powers within the firm! Keep the weak powers weak.
To ensure that the acquisition is successful, it’s important to run the business in person. Putting your own executive team in the new company will allow you to maintain control and create a stronger bond between the two organisations.
Additionally, it’s important to weaken the stronger powers within the firm and keep the weaker powers weak. Doing so will prevent any single legacy group from gaining too much control, allowing the company to remain secure and successful.
“What economic depression?”
– Prime Executive Jorge Wilson, when asked about the effects of the 22-year long depression on the City-State’s economy.
Experience is everything! Know and understand your logistics! Know and understand your strategy! And most importantly know and understand these twenty-five rules.
James Tucker, CEO of MercurEx
Experience is the foundation upon which an Uberman is built. It involves learning from both successes and failures, understanding nuances, and gaining valuable insights. Through experience, we refine our skills, develop intuition, and become better equipped to handle challenges.
Logistics is the detailed coordination of a complex operation. It encompasses the management of resources, transportation, distribution, and all other processes involved in achieving a goal. Knowing and understanding your logistics ensures efficiency, minimizes wastage, and enhances productivity.
A well-defined strategy outlines the path to achieving objectives. Understanding your strategy involves comprehending your goals, analyzing the environment, evaluating potential risks, and devising a plan that maximizes your chances of success.
These twenty-five rules represent a set of guiding principles that have been distilled from the collective wisdom of successful individuals and organizations. They encapsulate proven strategies, best practices, and critical insights that can lead to success in various endeavours. The significance of experiential learning, effective planning, and adherence to essential guiding principles can never be underestimated. When combined, all these elements can significantly enhance one’s chances of success and personal growth in any endeavour they undertake.
