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Poor mentality in business

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It's never good to manage a business with a poor mentality. It happens here in the city, the mall famous in the past turned bankrupt. It's owned by a millionaire but so bad he hired his son to manage one of their businesses in the Philippines. His son doesn't have advisor or a lawyer to protect their mall branch.

This poor IQ millionaire always gave big discounts of all items. People fell in line everyday. One time he declared buy one take 2 ice cream and at the end of the day the freezer gone out with ice cream. He was also doing it to the shoes department. When the CEO learned about it he ordered urgent inventory and learned their mall on my city was about to sink. He sold his mall branch and the name of the mall was replaced.
 
Having a por mentality in your business will never take your business to the next level, you will end up limiting your own. Business.
That's true. I was also amazed why the management planned to sell buy 1 take 2 ice cream. It was done in three days series. I was able to buy twice and had in our ref 6 gallons of ice cream. I also bought 6 pairs of branded shoes. It was learned that the son of the owner had mental disruptions.
 
Business owners need to know that running a business is no child's play. They need to take the best decisions at all times
That is right, it will be a waste of huge capital, and the reputation will be damaged. It was the fault of the owner for assigning his idiot son to manage his business branch..
 
That is right, it will be a waste of huge capital, and the reputation will be damaged. It was the fault of the owner for assigning his idiot son to manage his business branch..
I don't know why but I also noticed that some rich kids can he very useless with business. Rich parents need to teach their kids how to be responsible
 
I don't know why but I also noticed that some rich kids can he very useless with business. Rich parents need to teach their kids how to be responsible
That is true, rich kids never care and they are also violent if not given the task to manage a business They are only doing it for status symbol. The fact remains, they are only wasting money and time. They are incapable.
 
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