Good post Ed. You must give good value or you are going under. Good value means working hard at keeping up with your market, sticking your neck out and putting up with the foibles of customers, suppliers, government and taxes. Who would deny you your wages plus a profit? If your profit is obscene your customers will naturally find another supplier. If it is modest you will stay in business. A guy like you has what it takes to run the show and be the owner. Your employees perhaps do not. Or they would have started a business themselves. I suspect you get paid more than most of your enployees. I don't resent you. I applaud you for it. The competition in management in a place like JD or Pillsbury or GE or Ford is intense. And only the best and brightest become managers and CEOs. In that world, like in the MLB, NFL or Hollywood the top echelon is rewarded hugely. Beyond our scale. I see a lot of resentment toward the Captains of industry but little towards the likes of Angelina Jolie and Alex Rodriguez. Why?
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Today's Featured Article - Restoring a John Deere 2010 Diesel Tractor - by Jim Nielsen. Following seven years working in California's Silicon Valley, my wife, baby son and I moved back to Australia to retire. We bought a small 'farm' of about 50 acres near Bendigo, in the state of Victoria. I soon found that it would be very useful to have a tractor around the place for things such as grading our long drive and brush-hogging the fields. I was also embarking on planting 1000 eucalyptus trees, and hence I would need a ripper, small disk plow, sprayer etc. to get these things accompli
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