Yes I think I found it! I had to compromise and gather courage to accept that maybe the best way to go up is to step back look around again and then move on.
A common strategy for businesses which feel like in the midst of all the commotion and excitement the way was lost. It is common for most businesses to be caught up in a rat race when there is an initial increase in opportunities. Look at most conglomerates which are struggling and you realise good intentions are not enough. Just because you can afford it you have to evaluate whether you are adding value on acquisition. (I'm not talking about marriage for those that maybe are lost in this maze!)
Look at the merger and acquisition mania that has seem to grip the market.
It is dangerous to have surplus funds and instead of distributing to shareholders you think you can diversify on their behalf. (Someone said something to this effect – my memory fails me!). Shareholders are better placed to diversify their investments.
With good intentions in acting in the best interest on shareholders behalf companies stray into businesses that distract them from their core strengths. It is recommended to periodically review investments – especially where acquisitions are made is it value adding?
Aw sorry all I wanted to say I’m moving to a new place this coming week – a modest place in itself. I had for a minute forgotten what exactly I was after so I’m going back to the basics – one step back so I can leap (that’s the strategy – off loading non-core activities)
My current place:
Not the most comfortable place but VERY convenient. A flat next to a busy road so frequently I get all this traffic noise – even worse when we have these road works – I can almost taste the exhaust fumes. You have to get used to the thundering lorries, vans and scooters running past and I swear there are times you can feel the building shake.
This new place is in a residential area away from the street – quiet – but I get to make a big compromise I share the bathroom (aarrrggh!). I noticed I had to settle for that - time is not on my side (Yes desperation). And the damage £400 every month inclusive of all expenses.
Wish me luck (I'm making it sound like it is painful - I'M FREE!)
Sunday, April 29, 2007
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