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Started By
Message
re: What are some fun facts about the business you’re in we might not know?
Posted on 3/27/25 at 4:12 pm to Mingo Was His NameO
Posted on 3/27/25 at 4:12 pm to Mingo Was His NameO
quote:
That doesn’t mean that they don’t have a labor cost advantage too. These things aren’t mutually exclusive
Yes but the technology and automation advantage is 10x more important to the cost of production than the labor advantage.
1
Posted on 3/27/25 at 4:21 pm to Cycledude
if you buy any technology whatsoever (unless you are the government or a fortune 50 company) has a middle man in between that gets anywhere from 10-30% markup as a reseller.
for the most part, you can't call cisco, dell, palo alto networks, crowdstrike, hp, etc. and say "i want to buy from you directly." you have to use a middle man.
for the most part, you can't call cisco, dell, palo alto networks, crowdstrike, hp, etc. and say "i want to buy from you directly." you have to use a middle man.
Posted on 3/27/25 at 4:23 pm to Cycledude
Former business: the Central Valley of California grows more peaches than Georgia. California produces more milk than Wisconsin. Our best produce typically goes to foreign markets.
Current business: Yeti is a pain in the arse and overrated as hell. There are far better options that donate to a lot of veteran related organizations. Some pens are partly made out of mollusk shells. Taylor Swift made someone I know a millionaire.
Current business: Yeti is a pain in the arse and overrated as hell. There are far better options that donate to a lot of veteran related organizations. Some pens are partly made out of mollusk shells. Taylor Swift made someone I know a millionaire.
Posted on 3/27/25 at 4:24 pm to Cycledude
(no message)
This post was edited on 3/27/25 at 4:25 pm
Posted on 3/27/25 at 4:26 pm to Cycledude
A large portion of financial audits done are mostly by recent graduates and foreign contractors with way less oversight than you would expect.
Posted on 3/27/25 at 4:26 pm to Funky Tide 8
quote:
Public schools, even the ones in the hood, have more than enough funding, and they buy a bunch of a shite they don't need to keep their budgets from falling.
i could go on 3 page rant on how much public schools waste not just in funding but staffing.
i was in admin at a school district of 10k kids for a while. when growth went from 10k--->12k they tripled the amount of administration and probably x1.2'd the faculty and staff.
mind boggling.
This post was edited on 3/27/25 at 4:29 pm
Posted on 3/27/25 at 4:32 pm to deeprig9
quote:
I've read this 5 times and still don't understand. Either I'm dumb or you're dumb.
Corporate companies and Private equity groups are buying old vet practices, not changing much about them for a few years and keeping the vets on. So you may still take your pet to the same vet thats actually owned by a corporate company.
These companies have purchasing agreements with the manufacturers of the drugs your pet is prescribed. These corporate companies have those agreements which allow them to buy the same products as your old vet used to, but for much cheaper prices.
So your "local" vet gets bought out because he cant keep up. Corporate companies buy out those old vets, dont need to change too much, and can immediately run a more profitable business in large part because of that buying power.
Posted on 3/27/25 at 4:33 pm to More beer please
Same in optometry.
Posted on 3/27/25 at 4:36 pm to Cycledude
When CO2 flows in the dense phase it has properties of a liquid and gas depending on temperature.
Posted on 3/27/25 at 4:38 pm to Figgy
I've seen a slight decline in Yeti QC since they sold out, but they still are better than their market competition.
They pretty much invented the space they're in and that isn't debatable.
They pretty much invented the space they're in and that isn't debatable.
Posted on 3/27/25 at 5:40 pm to Cycledude
Not shocking at all. The only thing that made money during Covid for Exxon. Also why the cat crackers stayed running, for the propylene. Former neighbor was an engineer in that unit. The basically ran the wheels off of it during covid beyond nameplate capacity. Very expensive turnaround after.
In the early 90's I found out that SD Alcohol in mouthwash was just synthetic ethanol made from ethane from cat crackers in a refinery. At least that is what Shell did on a contract with Scope. On side note, a few chronic alcoholics had been operators in that unit, They were also known for using fire monitors to knock supervision off of their bicycles near that unit at the edge of the refinery.
Vitamin E is made from natural gas.
The same process equipment to make many specialty chemicals is used to make herbicides and pesticides and also chemical weapons agents.
I also learned in the early 2000's that R&D for petrochemicals is who came up with manufacturing processes for computers and flat screen monitors because of the chemicals they could make which had not market
In the early 90's I found out that SD Alcohol in mouthwash was just synthetic ethanol made from ethane from cat crackers in a refinery. At least that is what Shell did on a contract with Scope. On side note, a few chronic alcoholics had been operators in that unit, They were also known for using fire monitors to knock supervision off of their bicycles near that unit at the edge of the refinery.
Vitamin E is made from natural gas.
The same process equipment to make many specialty chemicals is used to make herbicides and pesticides and also chemical weapons agents.
I also learned in the early 2000's that R&D for petrochemicals is who came up with manufacturing processes for computers and flat screen monitors because of the chemicals they could make which had not market
This post was edited on 3/27/25 at 5:52 pm
Posted on 3/27/25 at 5:53 pm to Cycledude
quote:
For instance, 70% of our nations isopropyl alcohol (rubbing)is made at the Exxon chemical plant in Baton Rouge. 250,000 gallons a day. What you got?
They export it too, to places like Taiwan and China. It's used in semiconductor manufacturing.
Posted on 3/27/25 at 5:56 pm to No Colors
quote:
The real reason that manufacturing is cheaper in Asia has nothing to do with labor. It's ironically because Asians have invested in automation much more aggressively than we have. And they have lower cost of capital. Even their mom and pop owned factories are way ahead of their US counterparts in the age and sophistication of their equipment
There is a local metal fab shop in Walker that opened up almost a year ago... they invested in state of the art automation from jump, and are already profitable before fiscal year 1 has ended... and that includes expanding to double their size... and also includes purchased machines, in the corner, and not yet constructed or implemented into their work flow... it's an incredible operation (saw it first hand yesterday)
Automation is a FORCE
Heavy capex up front + asset depreciation + labor savings = GOLD... only requirement to sustain said growth is good marketing, high performing sales team, and a decent knowledge of book keeping... the end product will be there without much work, and will bring in massive amounts of money
Posted on 3/27/25 at 5:57 pm to Cycledude
Crime peaks at 85 degrees.
Posted on 3/27/25 at 5:57 pm to No Colors
quote:
Yes but the technology and automation advantage is 10x more important to the cost of production than the labor advantage.
Being able to build and staff your facilities with slave labor is still a pretty fricking big advantage.
You can spend a shite ton more on R&D and automation when you don’t have to pay for labor
Posted on 3/27/25 at 5:59 pm to TheArrogantCorndog
quote:
There is a local metal fab shop in Walker that opened up almost a year ago... they invested in state of the art automation from jump, and are already profitable before fiscal year 1 has ended...
I find this incredibly hard to believe and I look at the financials of startups and spin offs in this and similar industries all day long
Posted on 3/27/25 at 6:05 pm to Mingo Was His NameO
[quote I ]find this incredibly hard to believe and I look at the financials of startups and spin offs in this and similar industries all day long[/quote]
Metal fab guys, walker la
Off shoot of bbqguys
I was there yesterday talking with the owner, and saw it first hand...it's real, because he found a void in the market and filled it with start up money from his other successful business... I'm not saying it didnt cost a shite load of money, but he had a shite load of money to to it right, after learning from his first business
I supply him with metal, and he supplies me with finished product I can't produce
Metal fab guys, walker la
Off shoot of bbqguys
I was there yesterday talking with the owner, and saw it first hand...it's real, because he found a void in the market and filled it with start up money from his other successful business... I'm not saying it didnt cost a shite load of money, but he had a shite load of money to to it right, after learning from his first business
I supply him with metal, and he supplies me with finished product I can't produce
Posted on 3/27/25 at 6:08 pm to TheArrogantCorndog
quote:
I was there yesterday talking with the owner, and saw it first hand...it's real, because he found a void in the market and filled it with start up money from his other successful business... I'm not saying it didnt cost a shite load of money, but he had a shite load of money to to it right, after learning from his first business I supply him with metal, and he supplies me with finished product I can't produce
I’m not disputing any of that. I’m disputing it’s profitable within 12 months. And it sounds like you’ve got no clue, based on you’re two posts
Posted on 3/27/25 at 6:12 pm to Cycledude
Feel like a thread like this, posts should start with your credentials in the field you speak of.
A bunch of internet professionals spouting nonsense here as usual.
A bunch of internet professionals spouting nonsense here as usual.
Posted on 3/27/25 at 6:14 pm to rintintin
quote:Message Board Influencer and Hair Model
Feel like a thread like this, posts should start with your credentials in the field you speak of.
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