Company: (n) a commercial business.

First comes the idea.

Then there’s the need for a prototype.

How about a pitch for investors?

Investors are found, so they make a product.

A product goes to market.

It is accepted, wanted and sought after.

People are hired to make the product.

A company is formed to make sure the product is delivered and production is maintained.

A CEO is found to represent the company.

A board is selected to discuss adventures of the company, profits and dividends paid to those who have bought stock.

Financial difficulty arrives.

The company decides to cut some corners without losing quality.

Some quality is lost.

The public notices.

The company becomes defensive.

Law suits are filed because the company has failed to recognize its responsibility to the consumer.

The company suffers financial setbacks, which cause even greater difficulty in finding quality people to work on production and represent the company in the board room.

More shortcuts are pursued.

The company loses credibility.

The company files Chapter 13.

All the executives escape with a “Golden Parachute” of profit.

All the workers are laid off with no place to go.

One of the workers, on his way home from being kicked off the job with the company… has an idea.

 

Subscribe to Jonathan’s Weekly Podcast

Good News and Better News