We have talked about enthusiasm, an idea and being tenacious and these are admirable qualities that are needed to start up a business. One of the things that is most overlooked is being in the right place at the right time and being quick to act. However this is not a business, it is simply an opportunity.
The new labour laws in Spain were quickly hurried through Parliament last Friday. In effect the major point of them is that they make it easier to get rid of employees as you no longer need to pay them so much to sack them.
As a measure to reduce unemployment does that seem sound to you? If the only thing that has stopped companies sacking people was the fact that it is extremely expensive to do so then making it cheaper and easier short term can only do one thing: Increase Spain’s already unsustainable 23% unemployment rate even more and even faster!
Here I am sitting having lunch and wondering if it is possible to be too busy? The last week has been a haze of doing stuff and all of it for a change is heading in the right direction but focus is totally impossible with all of these things requiring time and differing skillsets. So what is happening?
The old certainties in life are no longer so certain. Banks are thieves is probably the only one now they are holding onto all that taxpayer money used to bail them out. But now you can no longer rely on the yellow pages or a great location giving you the traffic in a town, what happens when the new superstore opens on the edge of town and moves the centre a few hundred yards away and footfall reduces.
A report has just been leaked to the press that the black economy in Spain now makes up 23.3% of all transactions. This means that a quarter of the economy in Spain doesn’t show up on the official figures for the size of the GDP for example. The figure is 5% higher than a decade ago and it is getting higher due to the famous “Crisis”.
If you were following the drama on Twitter or Facebook you will know that I have had about two weeks from hell since the Mac decided to die on me. It seems that there were issues… that is the explanation. An issue with the hard drive which has now been replaced by a much bigger one, an issue with the last save of the backup and an issue with my ability to understand the issues.
If you have been following this blog for any length of time you will know that I do a bit of domaining, I also have my daughter putting her first site up for sale at the moment on Flippa so this stuff gets rather addictive. The person who really got me up for the idea of domaining was Kenny Goodman. He is a past master at this art and he has a blog where he talks about all sorts of things related to this,
For those of you who don’t know the Pareto Principle states that 80% of output comes from 20% of input. This principle is often referred to in business as you will get 80% of profits from just 20% of your clients. The idea being that you try to replicate that 20% of clients and sack the 80% who don’t contribute much to profit and cause probably 80% of the problems.