I have been in business since I was 17, That first business I started with a loan from my parents and within ten months I was making over 1k a week. (That was in 1977.)
Over the past 28 Years I have started and sold several succesful businesses including an Teen Nightclub, a Furniture/Electronics store, and a local TV/Advertising Business. I have worked in all facets of those businesses from advertising, purchasing, sales, delivery and management. I even produced, directed and stared in most of the TV and Radio advertisement.
Currently I am in business with my family in Flooring and Real Estate (Family owned S Corp) plus I have transitioned a small hobby shop into a very successful online business.
Business Schooling: None (unless you count the few Real Estate Classes I took in preparation to take the test to become an agent. I never took the test.)
We live a very laid back lifestyle and could easily stop (not sell just close down all our businesses) and not have a care in the world as far as money goes. Due to the amount of real estate and investments we have accrued over the years by investing our profits.
I can say with a good bit of certainty I know how business works, being I have done about every job associated with running a business. I learned the ins and outs of business from some very successful people at a young age, and I continue to learn to this very day.
Well, I'm quite impressed, but also surprised and puzzled because your comments indicated to me a naivity about pricing that seemed to go with little business experience.
I ran a $25M business where decisions on product differentiation and pricing were very important. It seems to me that we should both know how business operates.
Don't waste your breath on pittipat, Mad Dawgg. He doesn't want to hear about the real world.
Prefers to live in a dream one.