Skip to main content

Marginal businessman

The marginal businessman is one who does not belong in the established profitable business of a community. He may be a fairly recent immigrant or a member of a minority group, because members of the majority don't have to go into marginal business; they can usually find employment in established enterprises.

Starting as a rule with little capital or none, marginal businessmen go into neighbourhoods that are too unpromising or into enterprises that have too uncertain a future for larger, established companies to be bothered with. Small restaurants, such as Chinese, Indian takeaways, Indian-Pakistan convenient shop, shoe-repairing shops, second-hand and junk businesses of all kinds.

Success in marginal business requires one or more of the following: (1) finding an undeveloped market that established businesses have ignored or overlooked; (2) having a foresight (luck) to get into a type of business that is not profitable now, but eventually will be; (3) being sufficiently aggressive, skillful, and shrewd in business to survive even under the most unfavourable conditions; (4) being willing to work twice as hard as the next man.

Trying to achieve success in marginal business, then imposes similar disciplines on all people who go into it, regardless of color or creed. And similar disciplines produce similar character traits. for example (1) a single-minded absorption with making money, preferably the quickest way; (2) extreme aggressiveness and shrewdness, and an unwilling to pay high wages; (3) a tendency to be somewhat overproud of money they have made; (4) a tendency to adhere firmly to the principle that 'business is business' - in other words, a willingness to sacrifice considerations of sentiment or humanitarianism or even ethics if necessary in the interests of profit.

Comments

Popular posts from this blog

Panic or panick

There is only one spelling for panic; the verb is inflected 'panic, panics, panicked, and panicking’. The form panick is used for progressive tense, past tense and past participle. We don't write panick today, though English speakers from a few hundred years ago might have (in the same way they might have written musick).

When the alternate spelling “panick” is used for the past participle: "I panicked last night at the disco." When it’s use for progressive tense: “Invariably, when markets are panicking, they sell the stocks quickly.”

It's the rule for root words ending in "c" is that you have to add “k”, so the spelling is related with the pronunciation. If we don't add the <k>, it looks as if the <c> has to be pronounced /s/. If the "k" was not there, “panicing” would look like the word which is supposed to be pronounced as if it is ended in "sing," while “paniced” would be pronounced like “panised”.

The same would …

PEMDAS

"PEMDAS" - parentheses, exponents, multiplication, division, addition, subtraction, is the "order of operation" in a single math expression.

Does pearls reproduce by itself through time

At the request of several families he and Mrs Legge gave a home for some months to a young Dutch girl, a granddaughter of the first Dutch governor of the Straits Settlements. She had several pearls of which the Dutch residents were great collectors, got from oysters found in a river of the Malay Peninsula, when she left them she gave Mrs Legge a small box containing a large pearl the size of a pea, with a blue spot on it, and two others not so large. This box was then put away and locked up. Several weeks later he took it out and on opening it discovered more than a dozen pearls, most of them very small. Astonished at the phenomenon he called his chief servant, a Portuguese, who happened to enter the room and who expressed no surprise but declared it to be a common occurrence. On enquiry he found that many of the Dutch people had jars of pearls, large and small, which had accumulated in this way. Some years later he related the incident at dinner on board ship. The captain was a cauti…