#1 secret of business success revealed!
In an interview with the founders of California Pizza Kitchen, a Newsweek article revealed their #1 business-success secret. Hold on to your hats, folks, it’s gonna be a shocker: they were really well capitalized.
In other words, to make money they needed money — lots of it.
I know this is a revelation to all those out there who hope to make a go of it without any money behind them or believe in the power of prayer to run a business, but it might not be so shocking to anyone who has actually tried to run a business.
In the same issue a few pages later was an article gushing about this obscene yacht built by the guy who used to run HP. What’s the message?
Money makes the world go round.
PS: This is a toss-off post, I’m swamped right now and this has been sitting in my admin panel for a couple months now. I found the story hilarious in a way the journalists never intended. I’m sure it’s on the Newsweek site, but I’m not feeling like digging for links at the moment.
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8 Responses to “#1 secret of business success revealed!”
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Personal Update (7/2/08)
Book #2 is on its way. Slowly. But getting there.
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Geeky
I've discovered the pleasure of working with Brian Gardner's WP themes. His free stuff is nearly flawless and his more expensive stuff is mind-blowing. Although his work is easy to use right out of the box, there's infinite fun to be had by customizing (i.e., destroying) it. As you can see here.
That’s just brilliant. Hell, if I was well-capitalized, I could make a fortune too.
If any potential investors are reading this, I can be reached at the email address above.
Ian
Yeah, I can’t believe this counted as a news article, or was considered reporting or anything. This wouldn’t have been news 2000 years ago.
XX
It takes money to make money is a mainstream news story? this is news? maybe it’s the usage of the term “well-capitalized”
whats the next big breaking news story, clouds are fluffy?
http://www.youtube.com/watch?v=oWMIXgCaJPQ
Jenny
Jenny,
I hear you. I wondered about the magazine editor’s choice of stories as well.
Newsweek also likes to cover weight loss/health issues, but always end up saying the only way to lose weight is eat less, exercise more. I think the quality of their “news” has been declining over the past year.
XX
Them that’s got shall get
Them that’s not shall lose
So the Bible said and it still is news
Mama may have, Papa may have
But God bless the child that’s got his own
That’s got his own
–Billie Holliday
It would be appropriate for Newsweek to credit the person who broke the story, instead of reporting it as if it were their own.
Ren,
But who’s the first person to discover this truth about business? We’d have to go back to the moment money was invented.
I love Billie Holiday, but was not familiar with those lyrics. Thanks for sharing. “Them that’s got shall get” seems to be the working motto of loan processors.
XX
I love this. I come up with several billion dollar ideas every year, but since I don’t have any money to make them realities, I have no choice but to sit back and wait 4 years for someone else to produce them. I wonder how much further we would be as a race if we didn’t have to wait for already-rich to come up with ‘original’ ideas…
Nerraux,
Yes. There are only a couple of ideas I’ve managed to do on my own (the book project being one of them). The rest I’ve had to sit and watch someone with money produce the idea and make more money.
It sucks.
Even more frustrating are the things I want/need in my life, but nothing is created for it and I can’t do it for myself. Then I want someone with money to come along and make it!
XX