Is Snappy Auctions a Great Franchise Opportunity?
April 20, 2007 by Sean Kelly
Filed under Business
While the largest, most celebrated eBay drop-off store franchise concept , iSold It, has closed 60 stores, suspended domestic franchise sales and warned it may be on the verge of collapse, its next-largest competitor remains upbeat and continues to promote its franchise program.
In a company press release, Snappy Auctions celebrates inclusion on the list that made iSold It famous:
Snappy Auctions has been listed in Entrepreneur Magazine’s Franchise 500 list for the first time… With over 63 units open, Snappy Auctions ranked 309th in the survey, in only its 2nd full year of operation. The Nashville, Tenn. based franchise enables customers to make money off of items that are sold on eBay…
Snappy Auctions CEO Debby Gordon claims that Snappy Auctions is not suffering the same fate as competitor iSold It. In fact, snappy Auctions is doing phenomenally:
“We are poised for a phenomenal 2007, after an incredible 2006,” Gordon continued, “and this accolade is just the beginning.” In 2006, Snappy Auctions launched Snappy Sales Solutions, S3, which has contributed to its recent success. “S3 is yet another step toward our goal of changing the way businesses get value from retired equipment and inventory.”
Snappy Auction also boasts having been named one of Franchise Business Review’s Franchise 50, which honors franchise systems based on outstanding franchisee satisfaction through owner surveys and comments.
According to a Ina Steiner’s column on AuctionBytes.com, “Despite the challenges, Snappy Auctions CEO Debbie Gordon believes in the concept and says it’s all about execution.”
Can Snappy Auctions really be succeeding while iSold It, with much the same business model, is fighting for survival? Have they successfully overcome the challenges that eBay drop-off store critics contend make the concept unworkable? What do you think?
YOU’RE INVITED TO LEAVE A COMMENT ON WHETHER YOU THINK SNAPPY AUCTIONS IS A GREAT FRANCHISE OPPORTUNITY.
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Are you sure it’s not just what you ate?
Funny….in a middle school kinda way.
I think what he means is that stuff is gonna start happening real fast. The numbers are getting worse and Snappy has been very quiet.
HEY…HOW ABOUT SNAPPY AND ISOLD IT MERGING? ISOLDIT HAS A NEW VP OF OPS AND TRAINING, ONE OF THEIR OWN FRANCHISEES! HE IS REALLY PROFITABLE, PERHAPS HE CAN HELP SNAPPY OWNERS BREAK EVEN TOO. DEBBIE GIVE KEN A CALL, YOU BOTH HAVE ALOT IN COMMON.
Yes, things have been quiet. If you look on the Snappy site under the “news” section, there hasn’t been any new “news” in nearly a year. Last year, there was a news update nearly every week. Hummm…
Finally someone understands my humor. ;)
So what’s next R.? You gonna ask me if I have Sir Walter Raleight in a can?
It is 4PM, Sunday the 18th of November. Sunday is the peak selling/buying day and the second half of November is when the holiday shopping starts to pick up. As of right now, Snappy has 62 auctions from 4 stores. They are done. It is over. That number of auctions on a Sunday couldn’t even support one store. They are done. It is over – in case you didn’t get that the first time I wrote it :-)
I see 1,672 live auctions for Snappy
Take a deep breath PJ you are losing it.
http://search-desc.ebay.com/Snappy-Auctions_W0QQcatrefZC5QQfclZ3QQfromZR7QQfrppZ50QQfsooZ2QQfsopZ3QQftsZ2QQpfidZ0QQsacatZQ2d1QQsatitleZQ22SnappyQ20AuctionsQ22QQsofocusZbsQQsspagenameZhQ3ahQ3aadvsearchQ3aUS
Using the link from the snappy site, it lists over 2,000 auctions. How do you get 62?
Now that is quite amusing. I’m sure PJ meant like 4 stores that she chose from random. Probably the “Pick-Up Only” Stores.
I find it amusing too. Not PJ, but DJ. That kind of query is famously inaccurate. I’ll run full numbers tonight, but I randomly checked Snappy stores on eBay (no pick up stores R.) and the average items per store was 37. The sad thing is while entering random stores 4 out of 12 came up with zero items, so I took them out of the mix. I also checked completed items for the same stores that had items and they only had a 45% sell thru. How do they stay open with those numbers during the heaviest retail time of year?
DJ, if you’re going to post numbers, be professional and do it right instead of spinning the numbers. Anyone can manipulate a query.
Wilfed B., learn to read. PJ said “Snappy has 62 auctions from 4 stores” so that would be only 4 stores, not the entire, what is the count this week, 40 something stores?
I’ll post accurate, unadulterated, unspun numbers tonight.
40 stores is way off, more like 20 operating.
Hey..did anyone catch the new Snappy Website? Find it interesting that the statement Open your own Franchise is no longer prominent on the site…look closely in the bottom right corner…hum…very interesting!!
Interesting … I used the link directly from the Snappy site on Sunday. Today, the site has changed and there are 2442 auctons. I could only speculate as to what happened, but there were only 62 on Sunday at 4PM PST. Also, the search criteria from the Snappy site is no longer ” About Snappy” it is now “attention in ensuring that listings are accurate and reflect the quality and condition of the item” . So, you will not only get Snappy sites from the search but others as well. Must be sneaky you see when the ship it is a sinkin ….Happy T-Day all !
So,… more interesting stuff. 38 total stores that contain the word “snappy” and are related to Snappy Auctions – there are none-SA stores with snappy in the store title. Now, I looked at all 38, plus I used Goofbay on the dead and dying and it gets better –
McLean has 2 items listed and has sold a grand total of $721.79 in the last 120 days – smokin !
Longmont has 1 item listed
Davie-Weston – 9 items
Coral Springs – 4 items
Fairfield County – 8 items
Cool Springs – 0 items and has sold zero, zip, nada in the last 120 days
Redmill – O items listed and 24 items sold in the last 60 days for $1,736.03
Mount Pleasant – 0 tems listed and 2 items sold in the last 60 days for $497.03 .
So, approximately 20% of the existing stores appear either dead or dying…
I really feel badly for these store owners – they have to be really hurting by now…. These numbers were obtained through a variety of search tools and may or may not be correct – but it is what the tools reported ..
Isn’t Snappy math incredible!
If you go to their web site they show 2406 live items up for auction. Yet if you look at the stores that have snappyauctions(store number for eBay and eBay motors) it adds up to 1897 items. I wonder where the other 509 items come from? Since the Snappy Auctions web site description says “live auctions” it can’t possibly include eBay stores so that can’t be the source. There are a number of stores that are no longer Snappy Auctions stores that show up when you use their search, so their numbers are bumpkis.
I ran all the stores (39 stores with at least 1 item, down from a high of 65) with 22 stores having less than 50 items and the average number of listings is 44. This includes a great number of what I call chotskies (ceramic figures, non designer shoes, household items, etc.) that usually sell for less then $50 and the sell through for the last 30 days of 47%.
I’m sure somone will say it’s a holiday week, but Snappy always said there was no seasonality and that the weekend of Thanksgiving was a great time to have items listed.
These are sobering numbers.
Let’s face it – the whole concept has gone belly-up and is starting to stink! what happened to the Quickdrop lawsuit? anybody know? AmItheonlyone?
Happy Thanksgiving!
Well it must be true! The Snappy elf says “Everything at Snappy is OK!!!”
http://www.elfyourself.com/?id=9585664551
Happy Holidays!!!
Interesting tidbit is that E-Auctiondepo, the only ebay drop off store with a booth at the last ebay live conference is in bankruptcy! One more franchisor bites the dust!
I believe Quikdrop has two suits coming at them, and each of the others, at least one … hope everyone had a great T day!
If they are in bankruptcy, they are still taking applications for franchises:
http://www.eauction-depot.com/franchise.asp
I suspect that greed, ego, and bull are why any of these franchisors are still selling. But, see the article http://blogs.augusta.com/blog/user/822 which may enlighten you!
Just did a quick check on snappy website and looked at number of items listed – just over 2000 for all stores. Then took a look at some of their items and the first few pages had .99 clothes which were not selling. Clicked on on of the dresses to see who was going to lose a bundle in listing fees and saw that they are not even a snappy store but someone named ‘Black Titanium’ – with over 500 items listed which are included in snappy’s numbers that are not even snappy stores. Looked a few others and noticed the same thing.
How sad that they need to inflate their numbers – misrepresentation – yep, there it is. Or, maybe it’s because Meril left and no one else knows how to do a search in ebay?????
My point exactly, Lone Texan. As I stated above the search they are using is too open ended. I’m sure they are not too concerned about this. I does make them look a little better, but we all know it’s just a matter of time. The numbers over the weekend did not improve, they got worse.
I know there are some stores who are getting by, but is that why you spent all that money: to get by??
My friend closed his store since he didn’t see any use in working that hard for that little money, especially when she had lost all confidence in Snappy Auctions.
Well I talked to another store. Another one bites the dust. And the reverend was right. There is a storm a brewin.
Just saw something on the news that “Moe’s Grill” grill franchisee’s are taking the franchisor to court over something to do with the monies they paid for advertising. Well, I don’t EVER remember snappy doing ANY advertising in my market for all the $$$$ I paid them. hhmmmmm I’m getting more pi$$$$ed by the moment…..
Moe’s is part of “Raving Brands”, which includes PJ’s Coffee, & Mama foo’s, and MANY of their franchisees lost more than half a mil opening, then closing down. They are another franchisor with scrupples like Snappy, Isoldit, and Quikdrop.
So Sean, who puts out the top 100 WORST franchisors list, or should we start one (there would be a fight over WHO gets #1)?!
What happened to “R”? Did she finally get laid off from Snappy? Or, was our message just too powerful to dispute?
And BTW, I have been contacted by a well known business periodical. Ooooooo the stories I can tell……and will.
I heard through some friends in Nashville that Snappy had closed a store and now that I have done a little digging online, let me just say WOW. I am saddened by anybody losing a business or losing all their money. I do not know each of your situations and if you are to blame or if Snappy has some hand in it. I will say that this news, if true, is shocking to me. If the business model is not working for a small percentage of people, that is just business. However, if the model is not working for a majority of businesses, then Snappy should stop selling it and fix it. In a startup, you make course corrections based on data from your business all the time. Just because you are off course, (several stores close), does not mean you abandon ship. What is NOT smart business is taking advantage of a business model that you know is not working like YOU SHOULD WANT IT TO. If the vast majority of these people are not having success and Snappy keeps selling these franchises then I am shocked. I was having a conversation with my daughter last week about reputation and being known as a person that stands for the right things. Once you ruin your reputation then you lose the trust of your friends and starting hurting the people around you. It all comes down to character. Newsflash….I know several people that make 100K a year selling on ebay…out of their home. You know this business…go make your money back in a year.
That’s sort of what I’ve been saying, but it’s not quite as simple as it reads, you need to specialise in a single subject or niche, or at least a limited range of related products, AND…you need to know those products, to have some interest in them other than ‘just’ making money.
We constantly get out-bid at local auctions by speculative ‘Bottom Feeders’, looking to move the stuff on eBay for a quick profit, but we get outbid ’cause we know when to stop, the stuff once viewed properly, can then be followed on ebay, and these guys don’t come to many more auctions!! Although they are always replaced by new ones. Yet because they don’t ‘know’ their subject, they always get spent-out before the auctions through, so we never come away empty handed, and can still get the stuff with profit left in it!!
Which is not to say drop-shop’s won’t work – they will, but only as independent stores (preferably in a low rent neighbourhood, without the massif fee/percentage payments to parent companies.
Hugh, I must disagree on one point, Independant drop off stores DON’T WORK either. Powersellers sell in a niche, with little to NO overheads, and that is how they survive. NONE of these sellers are making it on drop off items, unless they have another business model available like a pawn shop, or are buying pallets from China, which then makes them NOT a drop off store (and they are probably STILL not making money). A major part of the problem is the varied items (which lacks a niche)!
Hope your having a great holiday season!
A FREAk, tell me more about how your friends are making $100K on eBay. Are they only selling limited new products? Are they selling other people’s stuff. What is the secret?
They are buying used products and reselling to Europe and Asia. It is amazing how much business they are doing. They have told me allot about how they do it. I am not really monitoring this board, I just found it when I was researching a rumor my friends in Nashville told me about Snappy. I really have no desire to continue this. I you want more information about this niche, contact me off this site and maybe I can help you somehow.
Death by Franchise, a lot of sales does not mean profit. Example is $100,000 in ebay sales at a 25% margin (that is a high margin for ebay), yields $25,000 to pay overheads, franchise fees, salaries and taxes. And remember it takes much more labor to list more items. Basically you might break even, but profit-I doubt it! And that is only this month (the best sales month of the year)! Even niche selling has its pitfalls…so be very careful investing into pallets of unwanted merchandise-even ebay buyers don’t want some things. It costs aproximately $15 to list, ship, etc EACH item, that is at least a $60 sold item with NO problems and a volume of 1700 sold items each month-thats alot and you haven’t paid your bills yet!
Freak, it is kind of you to offer to help, but the real numbers and labor for any product need to be divulged. Europe is having their own set of problems with these stores, and ebay, so I strongly suggest anyone looking into this, be very careful! Freak, you are so right about the business model, since it is not working for any of the zees, it is time for the franchisors to take responsibility and stop selling this bogus concept. The franchisors are VERY aware that it does not work, so let your daughter know that life isn’t fair, and that greed, ego and politics are a part of real life!
Happy Holidays!
Chance,
The profit margins on Bose equipment to Europe are almost 50%. You can not easily acquire that equipment in Europe and Russia. So there you have it. I am sure Franchisors are VERY aware when a model does not work. I am sure that Snappy understands this. Not knowing all the facts, I will just say that I am floored to hear some of this about Snappy. Even if Snappy management egos have grown large with the quick success of the company, they still know good business and are ethical people. My guess is that if all the friends that were hired all leave, the problem is not with getting paid…
So Freak, who are you really? One minute you say you are researching for a friend, next you are telling me and the others out here how wonderful YOU feel Snappy HQ is , when you obviously have NEVER run an ebay drop off store! I find it hard to believe your 50% story too, however I shall give you the benefit of the doubt on ONE piece of equipment-unfortunately 50% still won’t pay the bills, loans and owner. To add to that there were almost 500 franchise stores across this country last year and this year there are barely 100. YA THINK THERE MIGHT BE A PROBLEM WITH THE CONCEPT, or are you as dazed as the franchisors! Get real buddy – sounds like you might be part of the problem!
FREAK says “I am sure Franchisors are VERY aware when a model does not work. I am sure that Snappy understands this.”
What part of the last 400 posts don’t you get? Snappy knows it doesn’t work, they can’t sell any more franchises, 3 stores have closed in their home town not including the 20-30 other stores that have closed or are closing and you still say “they still know good business and are ethical people.” How does continuing to sell a flawed model make you ethical? Since when does threatening people who lost everything to control bad press make you ethical? If they still know good business, why don’t they buy back the stores? Any reputable franchisor will do this. THEY KNOW IT DOESN’T WORK THE VAST MAJORITY OF THE TIME!!!
And help me here. How did you come up with “if Snappy management egos have grown large with the quick success of the company” when they’ve had a 40% failure rate including stores in their hometown and their inability to make their S3 model work? They haven’t sold a new franchise in months! You’re buying into their spin. Wake up! If that level of failure is success, sign me up. I can fail with the best of them.
If they were ethical, they would refund monies to the stores who did everything “right” and still failed. It will take legal action to get that kind of action from Snappy.
Next you’ll play the victim saying we pounce on anyone who doesn’t agree with us. Noooooo….we pounce on anyone who can’t see the TRUTH and is a shill for Snappy. The numbers prove it and we’ve proven it.
If you think Snappy is so wonderful, buy my store! Let’s see how you feel 6 months from now.
Chance, I never said Snappy was wonderful. I was not researching for a friend, I was researching because some friends told me about this information regarding Snappy. I did not read all the posts here and I have said since my first post this week that I do not have all the facts here about all the issues and who to blame. I have said that Snappy should quit selling the model if it is broken and does not work. What else do you want me to say? The reason that I have said that I believe in the ethics of some of the people at Snappy is because I know several of them. I know the charity work that they did prior to Snappy. I know the hours they spend with kids who have no parents, I know allot about the kind of people they are. I can say that if there were problems with anything with the business model, I know they would everything they could to fix it. I am not standing behind Snappy either. People can change and sometimes not for the good. Maybe that happened here, maybe it did not. I don’t know.
If any of you think that a franchisor is going to buy back your failed business, you need to wake up. The sad reality, and I mean this GET REAL, is that these contracts have been reviewed by top legal teams prior to starting the business. Franchises are also a well proven business model with more failure than success so these agreements have been well defended in court. As good as the contract is, people can still make mistakes that would void their agreement though. Is their culpability on Snappy’s part? Ask a lawyer. From an outsider, I did watch as the first few stores were opening and the company was being launched. I looked at the model early one, just watching, never interested buying a business. I looked at the number of listed items that, collectively, were posted on ebay by Snappy. As the number of stores grew, it appeared that the number of listed items were not going up as much as I would have expected. That would have been a warning sign to me. Again, I do not know ebay so you are arguing your points with the wrong person.
Some family members of mine bought a Glass Doctor franchise and poured everything they have into it. My grandfather and grandmother went broke after buying a 7-11 in their senior years. Some people, including my own family, have NO CLUE what they are doing. They would be better off taking the 100K and going to Vegas. Did 7-11 give my granparents back their money? Is Glass Doctor going to give my family members any of their life savings back? They came to me with the business plan for Glass Doctor and I told them, STAY AWAY. Not because the business model would not work, but because they have no business running a business. I am all for anybody on this forum succeeding, selling your business, whatever makes you happy. God bless each of you.
“Franchises are also a well proven business model with more failure than success so these agreements have been well defended in court.”
I disagree. Responsible franchises have success rates of 85%. Irresponsible ones leave a path of destruction in their wakes. Case in point was your family. They were duped by sales numbers and promises that the contract protected. The fact the agreements can be defended in court only says that they spent a lot more time covering themselves so when they make promises to franchisors, they had their butts covered. Just because it’s legal doesn’t mean it’s ethical or moral.
Since you know these people, I know I cannot make you believe what we’ve been through. You will find it hard to believe the attacks people have sustained from Snappy, but you cannot ignore the fact that there is proven docmentation that these stores do not work and Snappy is continuing to sell the franchises when they KNOW the failure rate is so high. Maybe that’s just the ego you spoke about earlier.
If you’re implying we’re all idiots, I know of business people with years of experience, MBAs, Senior level management who bought into this idea and you’re right. We would have done better to toss the dice on our money rather than to trust Snappy Sales LLC.
Your friends will continue to see more and more stores fail and I hope they will see the light and get out before it all implodes. That way maybe they can sleep better at night.
Hillary and I just noticed another Snappy Auctions location gone MIA. Wednesday it was there (and had a few items up) and this AM, it has vanished. See if you can figure out which one it is, but do not post it here out of respect for the owners. Additionally, when you search for Snappy store locations, there now seems to be a growing trend towards, ‘Now offering Free Pickup’ where the old stores address used to reside, thus replacing the physical store location which was pre-approved and granted acceptable by the franchisor. Having a store front, by the way, was one of the cornerstones of the Snappy franchise concept. We can only conclude that the owner can no longer tolerate the boat anchor, fixed cost of the Drop-Off store itself. Facts tend to speak for themselves.
Seasons Greetings,
Billary
-Billary
I wanted to address something that A FREAK said about the Snappy people being “ethical”.
By definition:
Ethics: conforming to accepted standards of social or professional behavior; adhering to ethical and moral principles; “it seems ethical and right”; “followed the only honorable course of action”; “had the moral courage to stand alone”
You seem to confuse ethics with legality. While what they’re doing is legal, so is genocide in some countries as is female mutilation and the culling of infants for various reasons. In some countries it’s legal to cut off the hand of a thief. But in our culture, all of these are morally and ethically unacceptable. Also, in the USA we’ve changed the definition of success to be purely financial. So you can be a “success” and be morally irresponsible: like drug dealers.
In our post modern world, the line between ethics, morals and legality is often blurred. I would venture to suggest what Snappy is doing is legal, but not ethical. While they might work with philanthropic organizations (as many business people do, some for good reasons, others to network and put this on their profile) their attitude to their franchisees has been reprehensible thus suggesting a duality of personality. Even Al Capone gave to the poor. A good example would be segregation or apartheid. You treat the people you like very well and you treat the people you don’t like as less than human.
If you followed the tenants of “ethical behavior”, Snappy could choose to reach out to the closed stores and offer some kind of compensation, but since this is not an ethical issue from their perspective and is really a legal issue, it will require legal action. Even then, it will be based on a breach of contract and not on any ethical issues. Also, based on your “huge ego” comments, this would require a level of humility I doubt exists.
So, use the word “ethical” very carefully in this forum especailly when talking about franchisors who have acted questionably. These are people who have seen the dark side of franchisors.
And Bill….stay off the egg nog.
What happened to Snappyauctions10 on eBay? Well, now they’re cellville and only list cell phones. That was one of the corp owned stores that they sold off at a bargain basement price.
Well it’s worse. There are 3 more stores that have 0 items on eBay than there were last month. Some stores will hang on during the holiday season, because listings tend to go up during this time.
Well said, Been Had, Number Cruncher, Get Real, and Clinton (where can I get some of that eggnog?!)
Freak, regarding business experience, I think you will find that MANY of the franchisees were VERY GOOD in business, but that they were lied to by these “ethical” franchisors (and still are)! Contract or not, the “law” calls that FRAUD!
And, by your terms of good and ethical people, my ex husband, because he is an avid church goer, should be glorified for the 20 years of mental and physical abuse he caused. Sorry the court didn’t see it that way! So, take off your rose colored glasses (or perhaps you should have a glass of Bills eggnog), and remember the old saying “If you don’t know what you are talking about, then don’t talk!”
HAPPY HOLIDAYS!
Chance, I not sure where you think that I said that the franchiees were not smart business people so what is your point? If they were lied to, then go sue somebody for fraud if that is what you think somebody was guilty of. I don’t care what you do. I am not in your position so I don’t know. If you want to lash out at me, then you should have a reason to. I think I know good people and I think I know ethical people. I think by your comments towards me in this last post you embarrassed yourself. I am sorry you were not brave enough to get our of a 20 year experience earlier than you did. I have no idea what you went through. Please save your hateful comments for somebody that deserves them. I don’t.
A Freak, I still think you’re confused about ethical. Not telling the truth and hiding behind a legal document is not ethical.
This is the 600th Comment on the post Is Snappy Auctions a Great Franchise Opportunity? That makes it the most-commented post of 2007. (Congratulations!)
Unfortunately, we seem to be no closer to an answer, are we?
Well – I only know two types of ‘freak’ the first is the modern type, a sort of psychotic nutter most likely to be found entering a public space or building with a loaded gun and a grudge against society, the other is the title given to hippies and bikers in the 60’s by white, reactionary middle-class America (ironic that both groups shared the same moniker when they were so different!).
And given that with few exceptions (myself being one) we are all operating in blog-land under self-chosen ‘Handles’, nicknames or noms-de-plume/de-Guerre, which one are you AF? are you about to blow us all away for ignoring you in high school, or are you a fully paid up, embroidered jeans wearing tenant of Haight Ashbury…Maaaaan! Is that a pistol in your pocket or are you just pleased to see your Harley Hog…duuude?
No matter, if you were a casual passer-by as you would have us believe, you would have long gone by now, particularly as you have had a hard time of it from some of the regulars!! But no…you’ve stuck around and argued your corner, making the odd error in the process and leaving everyone else in no doubt as to your likely identity, ‘cos – see – the new stooge/s only appear after the old one/s have stopped posting. Corporate is always so predictable.
You see that’s the trouble with lies, in the end you tell so many, pass so many off as fact, and build so many into the whole picture – nothing adds up any more, even if you hold it upside down and close one eye! Although, being serious for a second; Financially, nothing added-up from day one with this shower, nor their muckers over at iSold It.
And Freak – If you’re genuine…sorry, but the moniker is one of the more pretentious ones on this page and there’s nothing here for you now, so you might as well go back to what you were doing before you decided to fight Snappy’s corner for them, however unintentionally?
I can’t believe they are still in business. It’s been a year since I closed my store and I’m still feeling the financial collateral damage. I wish this blog would get more attention and people would learn to steer clear of this dishonest and corrupt franchiser. I really wish someone with the time, drive, and tenacity to follow through with a productive law suit to put the last nail in the coffin. It might save a few poor souls from the evilness known as Snappy Sales LLC.
Charles – It’s not just Snappy, it’s iSold It, Quickdrop et al, the whole concept is unworkable as formulated, but the people who run these companies are greedy, fast movers, they need provable growth to satisfy funders (they don’t use their own money!), and the only growth they can find is cloud-selling of stores to others or buying in other smaller – already dead – rivals. If they go and do something else the story will be the same, indeed one of the bosses (can’t remember which one – ISI? Chance??) has come from failure elsewhere, but with a nice house!!!! The system allows for serial failure, calling it ‘Entrepreneurship’
and the planet keeps hotting up…we must change forever the way we live our lives and organise our society’s, and we’ve probably got less then 20 years……