My uncle is a Professor of Economics at the University, and today, I will have my very first class under his excellent tutelage. I am so excited to avail myself of the sage advice that I will most certainly receive on Economics. I realize that economics affects everything from household considerations for a Family Budget to the monumental scope of applying such budget rules to setting up the Budget and Planning of the entire Nation.
As he went to the Blackboard, he wrote ECONOMICS 101 in very large capital letters. He started the lecture by saying that there were 4 “Cardinal Rules” that must be implicitly followed to achieve the ultimate goal of “Fundamentally Transforming America”.
1. Spend as much as possible, in as short a timeframe as possible.
2. Secondly, …
Uncle, I said interrupting, I have a question.
Continue reading Economics 101
I can’t believe that I got an internship at my Uncle’s Business. Today is my first day on the job, and I can finally see how the years of successful academic achievement is applied in the “Real World” of Business. As I pass through the pillared portico, I am in awe of the massive doors to the main office edifice. It has such a splendor that, I don’t even mind that this is a 6 month “Pro Bono” job, because it will really embellish my scant resume.
As I met my Uncle, he welcomed me with a big hug, and said it was a great day to start, since he and his top advisors were doing strategic expansion planning this day, so I should just watch, listen and learn. I walked into the room, and spied the largest conference table that I had ever seen. There was a name at each chair position, and since none of them had my name, I just sat by the wall.
Continue reading The Intern
My Uncle has a very large Business, and he says that I will own it some day. Actually, I must share it with my many cousins, which is fine with me, as we are all family. Since I am a member of this great family, my Uncle says that I really do already own the Business. Managing the Business for the benefit of everyone in the family, is the way my Uncle described his role.
Anyway, the other day, my Uncle said that he wanted to finance a new car for me. I stated that I really liked the older car that I had, especially since it was paid for. My Uncle responded that he really knew what was best for me, and I was really going to love this new automobile.
Continue reading My Uncle’s Business
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