Simple CyberSimon

Tags

19th Century, 20th Century, 21st Century, Business, e-business, Internet, Loss leader

Simple Cyberman

Dear Nosy Hal:

Help!  I’m, you know, like very, very confused about business things.

How can these ZERO BUCKS Internet companies keep putting many profitable stores out of business?

Me, I have ZERO BUCKS.  Which for me means just plain BROKE!  

Yet those ZERO BUCKS Internet company founders are billionaires?   How can they do that?

—  Dumbfounded, Simple Simon

Dear Dumbfounded:

As long as consumers are consuming, with plenty of cash flow per share, and shareholders are buying, Internet nabobs don’t care.

Profits are so 20th-Century!

In contrast, loss-leader monopolies are the essence of 19th-Century  21st-Century enterprise.

For more  fascinating facts:

www.fasttrackteaching.com/…/U3_Rockefeller.html

http://www.more-for-small-business.com/loss-leader.html

http://en.wikipedia.org/wiki/History_of_investment_banking_in_the_United_States