Monthly Archives: December 2009

If you’re travelin’ in the north country fair

Girl From The North Country, Bob Dylan Well, if you’re travelin’ in the north country fair, Where the winds hit heavy on the borderline, Remember me to one who lives there. She once was a true love of mine. Well, … Continue reading

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The right stuff

The very best to family and friends in 2010. Les

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Why so negative, Les?

I was asked that very question last week. It kind of caught me off guard. I blurted something out about my writings not being at all negative from a mom-and-pop investor viewpoint. But that wasn’t right enough. Considering the unrelenting … Continue reading

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Listen only to little brown, dead lawyers

I have it on good authority that the non-violent means to the a valid social justice end follows these steps: First they ignore you, then they laugh at you, then they fight you, then you win.

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If you’re not on anti-depressants, what kind of stunned franchisee are you?

To help someone in their business life, I’ve learned that they must 1st be physcially healthy. Franchisng can make people physically ill via the body’s natural mind/body linkages. Stewart’s Rule Number One of Franchisee Consulting: 100% of my clients must … Continue reading

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franchise Churning: Sell ‘em, Take ‘em back and Sell ‘em again

“I should have bought a fucking Hortons,” so Peter told me. Maybe yes. Maybe no. Peter Bell is an original. He and I were Ontario Nutri-Lawn franchisees in the 1990s. He was in a partnership with a “friend” Marc Thiebaud … Continue reading

Posted in A Confidence Game, Confusion & Deceit, going Independent | Tagged , , , , , , , | 1 Comment

Pattern recognition: Franchising as a powerful new technology

I have observed many things in business. The consequences of franchising are profound. On the individual, group. There are, however, Rules of Franchising.

Posted in Franchising is a Technology | Tagged , , | 1 Comment

Why do more franchise laws leads to => investment failure rate?

Simply put: Risk compensation. People adjust their behaviour when they feel they are in a “safer” environment. They take more chances. Over time and when studied as groups, the “accident” rate stays constant, if not increases. This concept has been … Continue reading

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Eliminate all executive bonuses, says Mintzberg

I am impressed with Henry Mintzberg. His idea that no specific individual deserves economic credit is worthwhile. Why not ask franchisees if your executive team deserves their quarterly gravy? I like his idea that corporations are communities. He wrote an … Continue reading

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Violence happens when justice is consistently denied

Violence results from known causes. What’s a little kidnapping and torture when financial markets seem to be above the rule of law? Case in point from the EU: Seniors beat up financial adviser with Zimmer frame (ed. Zimmer=walker in U.S., … Continue reading

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