Thursday, May 12, 2011

Story: I think my friend got fixed. Do u think so too?

A story i come across in a forum. After reading it is apparent the storyteller is relating it to the political scene in the ruling party. Taking away the political similarities it also reminded me of a friend with a somewhat different situation- In his previous company he was among the best salesperson for a few particular products. Boss like him very much. However economic situations change & soon those products are hard to sell. Company has fallen into hard times. Boss dropped a few hints telling him to quit. He felt somewhat cheated that his previous good contributions were brushed aside.

So what's the moral of these 2 stories/situations? I relate it to financial independence aspect. As long as there is someone controlling you in a major way it is risky. Once a person knows how to grow his portfolio & relies less on job income he/she no longer bothers much about the 'normal risks' which many people are exposed to. Is less worrying & less stuck in life.


My friend was previously General Manager of his company(by BHills)

Then quite a few years ago, the Company Chairman forced him to step down from GM to become "Director" (a title which sounds very senior but is a position which is actually powerless & without any specific duties) so that the Chairman's son could take over as General Manager.

My friend was unhappy about his loss of power & position & so he has, over the last few years, been quietly planning to retake control & become GM again when the Chairman is gone forever.

Apparently, Chairman & his son have got wind of it for quite some time already.

Now they have replaced one senior very experienced member of my friend's team with a young 27 years old female member who, from the looks of it, is going to screw many things up for my friend because of her inexperience & incapability in this position.

If things really turn bad, my friend may even lose his "Director" position.

I think he got fixed by his company's Chairman & Chairman's son (who has been the GM for the last few years already).

What do u think?

2 comments:

  1. I can't relate to this story. It happens everywhere. I've seen this happen more than once. Family business not easy to get to the top.

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    Replies
    1. Hi,
      Moral of story is accumulate more assets (place we stay in don't count) so we have buffer & peace of mind.

      A person totally reliant on a boss/company as sole source of income is in very risky position.

      Yes family biz not easy to get to top. Thus if a person is not satisfied & want greener pasture then ought to find a game where he/she has more chances than staying on in the family biz game.

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