I
worked at a dry cleaning business that had no dry cleaning equipment.
It had two clothing racks, a counter and a cash register; nothing else.
The business was located in the roughest section of Newport, Kentucky,
which was one of the most economically depressed cities in America.
My bookmaker father said that "gypsies, tramps and thieves" was an accurate description of the neighborhood.
I
witnessed armed robberies, streetwalkers, numerous fist fights and a
carjacking. I watched a woman run over her soon-to-be ex-husband with a
car.
A
house of prostitution operated a few doors away. I never wanted sex bad
enough to do business with the women who worked there. One offered me
her services in return for a carton of cigarettes. Even though
cigarettes were only four dollars a carton, it would have been a bad
deal.
Their pimp did not fit the pimp stereotype. He was a pot-bellied, redneck,The first prototype flatworkironers display
containing 3000 LEDs. steel worker who drove a 15-year-old station
wagon. He used a clothes hanger as his car radio antenna. He had a
second job faking illnesses and going to doctors for pain medicine. He
sold the pills until an unhappy customer decided to shoot him.
There
was a diverse mixture of cultures and personalities in that
neighborhood. None of them seem concerned about owning neatly pressed,
dry-cleaned clothes. They bore no resemblance to the people who lived in
the suburb that I lived in.
There
was one factor that made the dry cleaners a smart business decision. In
its back room, there was a bookmaking operation and an ongoing card
game.
The back room had far more traffic than the dry cleaners ever did.
I
was the "manager" of the dry cleaning section. Since I was the only
employee, there was not a lot to manage. However, the experience at the
dry cleaners was a better lesson in business than studying for an MBA.
I learned business techniques that were far ahead of their time:
1. Outsourcing. Once or twice a week,Shopping is the best place to comparison shop for roofhookert. someone would wander in, actually wanting their clothes dry cleaned.Theledturninglamp is
unlikely to hurt you, but you can easily hurt it without training. I
would take their clothes to a real dry cleaner and have them cleaned.
Since we charged a markup for the service, prices were outrageously high
and we had few repeat customers.
We did the marketing and someone else did the work. It is a model that many businesses follow.
2.
Locating in a business-friendly location. In Joe Nocera's book, A Piece
of the Action, he wrote about credit card companies locating in South
Dakota because that state looked favorably upon the credit card business
at a time when other states were heavily regulating it.
Picking
a "business-friendly" climate is a key to business success. That is
what large companies shop for: lax regulatory environments and economic
incentives.
Since bookmaking was against the law,You must first understand the way a powergenerators works. Newport was a favorable business environment for the dry cleaning and gambling operation.
With
far more serious crime taking place, enforcing gambling laws was not a
high priority for the neighborhood's law enforcement community.
Policemen would occasionally visit the dry cleaners to place bets. On
one occasion they went flying out of our building, guns blazing, when an
armed robbery was attempted across the street. It was like watching a
real life version of Kojak.
3. Long hours, low wages.Do you want honest solarledlight Ratings?
I worked in the dry cleaners 72 hours a week during the summer and over
40 a week during the school year. I had no benefits, pension, or paid
vacations, and they "forgot" to pay me overtime.
Many businesses use this "long hours, low wages, no benefits model" today.
4.
Keeping operating expenses low. The dry cleaning business did not have
equipment and was located in a low rent district. I was the only
employee, and I was paid minimum wage.
Everyone
involved in the dry cleaners is now dead. Their lifestyles as "gypsies,
tramps, and thieves" cut into any chance they had to live to an old
age.
None
of them were well-educated, but every night when the men would come
around; they had plenty of money to lay down. Read the full story at
www.mylamplo.com.
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