Personal Annoyance

Tesla · 23 Mar 2006 at 12:20

There is a type of person which is starting to bug me, they seem to crop up on business-related TV shows like The Apprentice and Dragon's Den.

Now, I guess they are some what portrayed like this by the director but there always seems to be a top-uni graduate in some area of business who has no real world idea about business.

That fairy-bird from The Apprentice. Aleisha or Alexa or something like that.

It was her role to "project manage" and she decided on the selling price of their product, Pizza.

She must have just plucked this number out of thin air as they were selling each Pizza for LESS than the cost to make one!

I don't claim to be a business guru but I can easily grasp the concept of profit and am concerned this girl studied at Cambridge for many years and still fails to be able to.

I would like to know other's thoughts on this.

Thanks for listening.

Tesla · 23 Mar 2006 at 12:22

Gilly said:
She sold at that price to undercut the competition.

it was throw away a lot of pizza or it was sell at a reduced price and recoup at least some of the outlay.

They sold at a loss from the outlay from what I gathered by watching the program later on that evening where the go into more detail about the loser.

Even if what you said is correct this so say very intelligent individual had a lose-lose plan. Either lose a bit of money or a lot of money. That's just simply not business.

Tesla · 23 Mar 2006 at 12:24

Gilly said:
not until they factored in the cost of the unused produce (the amount of chickens they threw away untouched, etc).

Ah, ok. See my edited post above, what are your thoughts on my 2nd comment?

Also who do you think Alan will hire? I think either Saeed or Paul with Paul winning it.

Tesla · 23 Mar 2006 at 12:28

Did anybody watch last nights show. I was a bit shocked by that woman selling off some stock at a loss at 1pm when they had a further 6hours of trading time left.

Like AMS said, perhaps do it at 4 or 5pm but 1pm is rather daft.

Tesla · 23 Mar 2006 at 12:30

I agree with what has been said in that losing a little bit of money is better than losing all money. However, if these are the only options you have then you're a bit rubbish.

Tesla · 23 Mar 2006 at 12:34

Gilly said:
Oh definitely. She relied too heavily on people that professed to have knowledge when they didn't really have a clue, and they didn't listen to the chefs when in the planning stage. For these things she was at fault but not as much as the asian lad (Saeed?)

Yes Saeed is the asian chap. I read up on him. He is actually doing OK for himself.

I wouldn't actually want to work for AMS and am suprised all these people do aswell. I like working for myself.