Reality Clarification! What you do well does not translate to doing other things well! People do things well because they completely understand the business model they are in or created.
I recently heard someone suggest that you won't know if it works until you try something.
OK, that advice only makes sense if there is zero to little cost in trying. Understanding that distraction is an exceptionally high cost as well. Too many believe there is no cost to distraction or wasting time; there is!
One of the most significant obstacles to the print equipment and services industry is its over-optimistic view of its capabilities.
This optimism comes from outsiders or delusional insiders who, without understanding the industry's core deliverable preach platitudes and nonsense as they attempt to lure in those dealers who would rather be complemented than challenged.
Dealers, beware of those who preface how great you are in print sales and services as the reason you will succeed in whatever the wind blew in. The bottom line is that being great is not inheritable; otherwise, the world's greatest descendants would all be today's leaders.
The print equipment and services industry does not have a business model interchangeable with everything the world has to sell and service. The only thing interchangeable is the leadership's desire to succeed based on a plan.
Yes, plans are not absolutes, and leaders should not overthink too much. However, starting any endeavor based on emotion over realities facts - is doomed to failure.
"Status quo is the killer of all that will be invented"
However, defeating Status quo must not be based on one's luck. It will be defeated based on one's skills.
Ray Stasieczko
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No Ricoh is not buying Brother, However Brother should charge Ricoh for classes on how to be more profitable? I see this move as the first step in Brother taking an equity position in ETRIA. In this episode I dig deep into what I see. in the realites of this Ricoh Brother alignment.
The Federal Reserve has removed the limits on growth in total assets imposed on Wells Fargo in its 2018 consent order. This removal opens the door for acquisitions! It seems that Wells Fargo would be interested in acquiring GreatAmerica and I also think that GreatAmerica is ripe to be acquired based on what I see as shortcomings in GreatAmerica leadership.
Lots going on in the Industry! Today's episode I share some quick thoughts regarding this week's Amplify Print event in Rosemont Illinois. Also share thoughts on an upcoming episode discussing the collaboration between Ricoh & Brother - HINT- it's more proof in my thinking about Ricoh's Failures! Don't miss monday's episode regarding GreatAmerica and Why I believe Wells Fargo will soon buy them. And on Tuesday I head to New Mexico attending the BTA National meeting! Have a great weekend my friends
ray stasieczko
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