520 - Thoughts on corporate greed
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by Aussie Vegeta
Ah... The eAustralian's dream... owning my own company...
Stick it to the boss and become my own boss...
I'm gonna make millions...
Selfish ambition wont get you anywhere with company's in this game. You need reliable employee's and the right price-points and quality level for the market.
In eAustralia we are overrun with Q1 companys. And I think this has a lot to do with my opening comments. People rush in create company's without thinking it all the way through.
Here's some thoughts for you:
What if there is a hole in the market where there is demand?
If people want Q3 guns for instance, but there are none on the market in eAustralia.
So what we do is start another Q1 food company looking to make our millions... whereas if we had of spoken to our countries leaders (Ministry of Industry for example) they could have pointed to this gap in the market...
So what happens due to this?
Well the consumer that wanted the Q3 gun pays money to another country, which in turn gives tax to that countries government (who knows what their agenda is). As for the new Q1 food company, they get into price wars with the other 10-20 (guessing figures here) Q1 food companys for market share.
But you say "I couldn't afford the Q3 gun company"?
Well I say that if you are a well known enough citizen, that has a good reputation in our society, that if you produce a business plan then there are people that would loan you that money.
What if there is a struggling company owner that wants something else?
If there was another citizen that wanted to travel for combat experience, or get more involved in politics, and he is selling his company for 25gold.
If you pay your 20gold you get your new company, then you try to hire some staff, then you buy your raw materials.
If you thought for a second where that money goes (to the admins) it's out of eAustralia...
If you buy an existing company, that gold stays in eAustralian hands, helps out another citizen (there must be a reason he/she's selling the company). On the plus side for you, there will probably be raw materials and staff. If the seller is offering the company for 25gold, I would consider that an asking price (like any big purchases in real life houses, cars, businesses) and I would consider this a big purchase. So I would negotiate with the owner. Meet them half way, if they are not enjoying business ownership as much as they though they would, then they will probably be thrilled that someone will take it off them.
Offer 22gold, see what happens. If you are a good business owner, then you will see that gold back in afew weeks and help other citizens out.
Lets generate a culture of scratching each others backs...
Just some of my thoughts on corporations...
PS I know there are some generalisations in there that don't apply to all people...
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Especially food is a bad investment at this stage, althou maybe not as bad as it should be because there appears to be little support from many eAus congress members for regaining our territories.
I've played this game for about a year now, and when I started, all I wanted to do was start a company...I could easily start one, but then I thought, why?
I'm happy working, I'v got a high skill in manufacturing and get paid well to, probably make more money than allot of the GMs out there. So why goto all the hassle?
Its alright to be a worker...
Good Info, Voted up. In the last month I bought two companies and failed both times. I'm planning to do alot more asking around before I do it again.
Tarryjack
lol @ MM, ye same story 4 me really 😛
good article Vege
Good article.
Top article. Hope people take it to heart and realise our country can't run on general managers alone but we actually need high production skilled workers to make these companies profitable for our eAustralia's benefit.
Also when finding a job I've found that some companies, whilst being australian located and paying taxes to our government, are managed by an international organisation that's exporting goods. That's all well and good and one could argue that you're taking the international purchasers' money, through the company, to the Australian staff in their salary. (Thus drawing in currency from other countries for our resources) That's all well and good, but you COULD be working for a company that is in eAus AND owned by an Aussie Organisation. Thus 'scratching another aussie's back' as AVegita put it and we can always export too.
Not saying everyone's ignorant, just pointing out that perhaps if you didn't notice this it might merit thinking about next time you choose a job, or if you're a solid hearted eAUS national perhaps it's worth taking a AUS$0.15 or so pay cut to keep the production power 'in house' so to speak.
Oh, sorry for double posting, but...voted.
@DeVoran: well said mate. If you have any concerns about who you GM is ask one of our Ministers for Industry scotywest or corny-ratbag.
(this is patti11 too lazy to sign out 😛 )
This is a great article with great info (looking forward to more). Alot of key issues are highlighted here, a surplus for Q1 food companies for example, brings a drain on our economy and only collapsing institutions. And iono alot of wasted food and wasted capital? LOL
nice work 🙂
~ Voted & Subscribed
It's true owning a company is a dream of so many players. But sometimes people get into it because they get this idea in their head that goes, "I've accumulated 20 gold from badges and stuff. What the heck am I going to do with it? I bought a House off the Blackmarket already. Buy a better House? I would if I could find one for sale somewhere. Buy Q5 Weapons and go to war? Wait, I ran the numbers and with my battle experience, that's a waste. I know, I'll start a company. Seems like a better idea than just sitting on the gold. Now that would be a waste."
No business strategy, just a "why not"? They "why nots" are many, but if you have to ask "why not" then you aren't aware of any of them. Some people have done a nice job of trying to fill in players on good areas to start a business. Though it's not enough. It might be a better idea if successful GM solicited more investments. But then again, who would invest? It's dangerous. It's hard to know who you can trust. *Cough*Calibur*Cough*
Weapons isn't a great industry to get in. Not atm anyway.