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No sugar for Sir Alan,please

 
 
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DirectorsChair
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PostPosted: Tue Nov 10, 2009 11:28 pm    Post subject: No sugar for Sir Alan,please Reply with quote

Sir Alan Sugar recently came under attack from struggling business people for slamming them “moaners who live in Disneyland”.

The 62 year-old star of The Apprentice - who is estimated to be worth £730 million - is reported by a newspaper to have elaborated by saying that 85% of small firms refused bank loans, weren’t worth lending to and insisted that what they needed was not a bank, but a bankruptcy advisor.

Sir Alan is reported to have said: “I can honestly say a lot of problems you hear from people who are moaning are from companies I wouldn’t lend a penny to. They are bust and don’t need the bank – they need an insolvency practitioner. I would look you right in the eye and tell you out of 100 complaints, on investigation, I would say 15 of them had something to moan about.”

Such a KO punch from someone who came from an underprivileged background and is obviously out of touch with his own past and humble beginnings, is unbelievably insensitive and ill-mannered. But more importantly, it reflects the thinking behind the massive onslaught by the government on small businesses - of which Sir Alan is merely the ‘messenger boy’.

Napoleon dubbed Britain ‘A Nation of Small Shopkeepers’, seeing so many entrepreneurs willing to set up shop to make a better life for themselves and their families, by working long hours and taking calculated risks; Sir Alan himself did just the same, refusing to give up when things went against him,

However, the marked difference between now and when Sir Alan was a young man, is that bank managers had first-hand knowledge of their clients and their businesses. When clients came in for a chat in the manager’s private office, the manager listened and advised as an impartial expert, acting in the best interests of the bank and his client. The results were growth and prosperity - the very thing that took Sir Alan from poverty to the mansion he lives in today.

Would it have been so easy for Sir Alan if he had to suffer rate rises of 200% - 300% as many shopkeepers now have to do? Let alone run their businesses in high streets littered with empty outlets, charity and pound shops!

Would he have laughed when a government asked for his money to support the very banks that refused to help him? And would he have stood silent when, in a full blown recession, banks were told to lend money only to secure businesses? How many businesses can be secure in a recession?

Would he have just shrugged his shoulders when the news that 25 billion pounds’ worth of goods had been stolen from shopkeepers last year - or that VAT at 17.5% was back to force prices up at a time the public were thinking seriously of spending less because higher credit card charges were being introduced?

In spite of these things, small shopkeepers are supposed to contend with constantly changing employment laws that do not favour them, ever increasing fuel bills and transport costs, and the burden of a war that is sapping billions of pounds out of the economy.

The very fact that Sir Alan believes so many small businesses are struggling to survive - or are not worth investing in - is an indictment of this government’s behaviour towards them. It speaks volumes about the lack of support that is bringing about the high level of unemployment we’re now seeing, as more and more small businesses go to the wall.

Could it be that Sir Alan’s show of contempt for the problems facing small businesses, and the despicable way he is reported to have treated 100 owners of them, is a true reflection of the government’s attitude towards them – and that perhaps is the very reason why this country is not pulling out of recession as fast as predicted.

If small businesses are forced to reduce prices further to get customers through the door at any price, next year could be a bleak one for us all.
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paul
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PostPosted: Wed Nov 11, 2009 1:19 am    Post subject: Re: No sugar for Sir Alan,please Reply with quote

DirectorsChair wrote:
Such a KO punch from someone who came from an underprivileged background and is obviously out of touch with his own past and humble beginnings, is unbelievably insensitive and ill-mannered.


Is it? Or is he perhaps just being accurate in his assertions?
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Kay
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PostPosted: Wed Nov 11, 2009 7:45 am    Post subject: Reply with quote

Quote:
However, the marked difference between now and when Sir Alan was a young man, is that bank managers had first-hand knowledge of their clients and their businesses. When clients came in for a chat in the manager’s private office, the manager listened and advised as an impartial expert, acting in the best interests of the bank and his client. The results were growth and prosperity - the very thing that took Sir Alan from poverty to the mansion he lives in today.


But Sir Alan didn't start out making money by borrowing from banks. I have a friend who knows (or knew) Sir Alan - apparently he was very pushy and determined to sell. (My friend's dad threw him out of his shop. Laughing What a claim to fame.) Later my friend had to go to Sir Alan, then still a young man, and ask him for credit to sell his electronic goods. Sir Alan reminded him of being chucked out of his dad's shop, but gave him the credit he'd asked for.
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DirectorsChair
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PostPosted: Wed Nov 11, 2009 11:01 pm    Post subject: Reply with quote

Hi

I appreciate that Sir Alan Sugar is a man with a heart. On the other hand he is also very tough. He has a combination of gifts that suit the career path he chose for himself. Unlike so many people who go into business for themselves with unrealistic expectations.

They struggle to get up in the morning and get on the move, whereas an Alan Sugar type of character simply can't wait to get started. He is unhappy if he is not grafting no matter the time of day or night. His motivation and drive probably makes him very unhappy, because he can never be satisfied with what he achieves. Hence his sour look and gruff mannerisms which are defences to keep people at bay. He does not want them to get close enough to see his cracks.

That is why he should not have attacked small business people who cannot defend their tiny castles, which is all they have to separate them from the wolves dressed in government clothing.

Sir Alan exchanged a knighthood for a poison chalis, which he now recognises and wants to separate himself from. The schemers who used him to swat the little flies in business suits, were quick to find his weakness for power and use it against him.

Sir Alan most certainly had a moment of consciousness when he left those 100 business men and women in disarray..He probably swore at himself for being taken in by a bunch of jerks in high places, who persuaded him to break the will of small business people for their own ends.. No, Sir Alan had no right to use the considerable knowledge of business he has, at a different level than the people he was addressing, to make utter fools of them and to humilate them and bring them to their knees.

Sir Alan 'Your Fired!'
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