Wednesday, April 22, 2009

Where there's smoke, there's fire...

In the smoke and mirror business there are a few tricks that need to be adhered to so that investors, lenders and partners continue to believe there is hope on the horizon and that the future is bright.

The general electrified was a master at the art of deception- he built a business on it - and his timing was perfect. According to Sal, who was given the boot yesterday from the accounting office, "The guy has never had a successful business". What's more sad is the ones he was acquiring, he was completely destroying through implementation of unlaunchable ideas that came to him after a few visits with captain Morgan - after 6:00 p.m. every evening.


After the Las Vegas fiasco- where he spent more hours in his room ducking those who expected to go to Pebble Beach in March for the "National Championship Tournament" he finally found a company to purchase. By doing so in february, 2007 he would alleviate the grief, aggrevation, and pressure he was getting by failing in the development of his own automotive portal. The way his system is working isn't novel, only this book is.


When general electrified figured out the smoke and mirror business plan here's the way it works- you take an Bangalore company and open an American division. You find an American to become your partner and you develop a product plan that never really comes to fruition. As soon as the product is almost developed you create another function of the product so you are always chasing product completion.


All the while you are billing unbelievable amounts of hours in India to complete the American sales cycle but never manage to do so. Your deliveries are late, customers unhappy and functionality failing continually. as soon as an American employee brings this to the general's attention he or she is either fired or flailed depending on the person. In the case of The Co-Founder, he has been flailed for the past seven plus years and is now just a bull dog puppy in the corner.


At the same time, the parent company is showing increased revenue - on paper- because they are the developmental arm and the longer it takes to develop a product or project the more money they can bill... the American company.


It's a tremedous way to get american funds into the Banks of Bangalore. while using the American auto dealer to do so.


With the purchase of the new company general electrified was able to acquire an automotive portal that would appeal to the newspaper industry and offer an expanded smoke and mirror view of how to take money from American institutions and float it home.


The auto portal acquisition was not announced until March and coincided with the move to the new office. It didn't take long before general electrified began telling people "how stupid" people from Detgroit are. The "WeePee" who had been with the company that Fire M acquired was in for a tumultuos ride. He was doomed as soon as the dotted line was signed.
All that was needed was the blessing of the space to make everyone feel as though the smoke and mirror method may pay off. Merely, another ploy as we had to go and pick up the High Priest on Market St.


2 comments:

  1. that's hilarious - 'his system is working isn't novel, this book is'!

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  2. Great Read. Keep em coming.

    Mike McDowell

    ReplyDelete