Reporter George Packer, whose previous experience was with military bureaucracy, found that Amazon was even more secretive. He wrote a recent article inhttp://www.newyorker.com/reporting/2014/02/17/140217fa_fact_packer?currentPage=1 in the New Yorker about Amazon.
He's followed that up with comments about how he believes that a secretive organization will eventually be blindsided by outside events, that it will become a group-think organization.
Which goes along with my contention that Amazon is a disaster waiting to happen.
Their basic strategy seems to be to grow, grow, grow -- without making profits in the meantime, with the ultimate goal of being able to recoup their money at the end.
To me, that's a dangerous game.
I'm no Amazon. I'm just little guy -- but I had about five years in Central Oregon to be the only sport card dealer. My sales grew exponentially. I wasn't making any profits, but boy was I raking in the dough -- which went right back out again.
Then the chainstores got ahold of the product, and started selling it for cost, and the wild ride was over.
I had made no money during the ever increasing sales, and then I started losing money.
It made no sense -- the card companies were committing suicide. Why would they do that?
But that's what I learned. Corporations think in the short term, and they commit suicide on a regular basis. They aren't smarter than we are, just bigger. I was nimble enough to change course and recover. Most card shops and distributors and manufacturers weren't.
1 day ago