Understanding how business works.

https://www.youtube.com/watch?v=bvLMdlAviOc

Transcription

Patience for non business owners.

Hi I'm Brian Pombo, welcome back to Brian J. Pombo Live.

I'm saying, if you're a business owner, if you're an executive, one of the people that's in charge of a business, you have to have patience.

If people do not own a business, have never owned a business have never ran a business, they're going to view the world in a different way than you view it.

They may not understand how business functions or how it works and you got to be patient with them. You can't just come unglued on them, and try and shout them down and think that they're just being belligerent because many times they aren't, it's not taught in schools.

It's not taught out there in public shools. It's not being really pushed all that much with our media, you don't see a whole lot of reality TV shows showing the reality of business, they'll show the outside fun parts of business and so forth, you know, that something like it was thinking of the Shark Tank. Shark Tank, you know, it shows the, the idea of pitching a business idea to a possible investor.

That's the fun side of business, right?

That's not business itself, the business the day to day running of a business, how it works, how profits are difficult to come by in certain periods of time until you find out how, and then profits can be used. And all these things matter.

They matter really, to how our economy runs and everything else.

Another show, I was thinking of Pawn Stars that show all about the the pawn store, they show the interaction, the give and take between a person trying to sell something and the and the pawn place for taking it.

That's the fun side, they don't show the down and dirty stuff behind the scenes.

I was having a conversation with a friend on Facebook, because he had posted and I'd seen these posts quite often.

But this is somebody that I I feel like I communicate with pretty well. He had posted something about how horrible gas prices were, and how all these things that really weren't to blame for it, how he thought they were to blame for it.

At first you feel like exploding, especially if you've been involved in business or you understand how business works.

If you have any understanding whatsoever, dealing with somebody like that is difficult, but you got to be patient. You got to say, okay, what if they really don't have any idea what they really don't have any clue.

You'll look at how he the different political positions he promotes and everything, it's pretty clear, he doesn't understand it.

Took I take my time, and I outline some of these ideas to see if anything sticks, you don't know if it ever will, you can't expect anybody to believe you.

But you got to be patient, you have to be patient with people and you got to find creative ways to educate as best as possible while still being open.

Because they may have an idea that is muddled with all the nonsense that they come up with. See, when you're for those of you who aren't in business, I'm not trying to talk down to you or say that you're stupid.

What the real idea is, though, is business is a very difficult game of math and psychology. And the math part is most of the time a very tight game.

The concept of profits is a very subjective idea.