I’m going slightly mad, I like to think while I walk and tonight was no different just on occasion I do sometimes mutter out loud - a sign of madness maybe but I got my point across very well to, erm, myself. I walk and ponder on how I should be making money and what affect current world affairs have on those activities and whether they will aid or hamper my achievements.
I came to the conclusion that capitalists have lost their ideals and are running up their socialist leader’s pantyhose, please note Labour would not think twice about nationalising everything fixed and further still employing anything that moves into government funded labour, anyone left behind would be housed, fed and watered by their neighbour albeit indirectly.
I also came to the conclusion that capitalists had lost their balls. Although I did just state that. I told one domainer a month back that 300,000 jobs would be lost by Christmas, he laughed in disbelief - he’s on the NOMINET PAB. He’s embarrassed me recently so now it is my turn to show his lack of forsight regarding economics. I’m not worried about job losses but I was right and so too was my broker. BT shedding 10,000, RBS 3,000 and so on and it will continue for a bit.
However such are capitalist pigs at knowing the cycle of their machine that they keep the cogs greased by a variety of contracts and government failsafes that allow a country to tick-over even at the worst times. BT’s story isn’t one of shock, it’s of man management and end of year reports to shareholders. As soon as those 10,000 begin to get the chop, their human resource department or whatever they call it these days (I’ve not worked for someone else for ten years) will be drawing up plans to hire another ten thousand. Oh yes they will.
Of course we all have to feel sorry for the man on the street who is now on the street back looking for work, we’ve all been there, the longest I ever waited was two weeks it could be a lot longer for those ladies and gentleman about to sign a million forms to get their dole money paid on time – “you’re disability benefit, Sir!” “I’m not disabled” “Shhh yes you are.” But don’t feel sorry for long, a lot of those previously employed will be getting over the horror with redundancy packages which they in turn will pledge to save and secure their family’s future while spending out this Christmas and in the sales.
And the government failsafes will kick in, the unemployed will get their jobseeker plus plus plus plus allowance and in turn they will buy Christmas presents and spend in the sales. You know, none of this is new, the Church reported on a story some 1900 years ago, and it was probably told a lot earlier of seven lean years and seven that were quite fat. Pretty much everyone on the planet knows about that one so why they all panic when it happens I don’t know, it’s inevitable.
In my position selling domains you see people tightening up though I don’t know why, I’ll confess to you and be honest, some of my best clients have stopped or cut down on buying but in my view that’s the worst thing to do, acting like the banks have. I’m still finding new clients to sell to so it’s not a big problem it just got a bit harder when asking new customers for money in an instant instead of the regulars.
May I continue, capitalists have lost their balls. 10,000 lose their jobs, 100,000 lose their jobs but at the same time they’re getting redundancy pay, benefits and using savings and family are coming to their aid, they’re still spending money and all the while those countries holding the British and the West to ransom over food prices and oil are slowly realising blackmailing us wasn’t so clever so items get cheaper in the shops and purchasing returns to a form of normality.
This brings comfort to a nation in time of need and a sigh of relief to the pocket. The cogs continue to turn, every one person made unemployed will have a reaction to their newfound predictament, some good, some bad, put their feet up, go on holiday, enjoy redundancy and maybe one in one hundred or thousand may be pushed into self thinking, self motivation and therefore self employment to care and cater for themselves and their loved ones.
I discovered all this by walking to the local 24 hour market, which had shelves brimming with Christmas decorations and goodies to buy and sell to the hundreds of thousands of unemployed and EMPLOYED this crimbo. Yes contrary to reports in the news, there will still be twenty million people employed at the turn of the new years, a few less, a few more and even more millions with access to the internet globally spending using their cards on instant purchases. Did we forget them?
I sell domains, it never was easy and I don’t expect it ever will be, one thing I have found is clients and customers (a few) are getting cheeky, ahhh credit crisis, got no money blah blah, it makes a change from the old excuses of “I just bought some others..” or “I don’t really need it, developing something else” but nevertheless it is getting just as boring. Yes my clients need domains to develop websites and their orders may be slacking however they’re just as busy and will be in the future too from the unemployed brimming with new ideas on how to make their fortune.
I see an opportunity to make money in all of this, people lose their jobs, they get more money, unemployed create new businesses and ideas, they need a domain, services, I still reg domains, they come to us to buy them, it’s a cycle that is best witnessed in a downturn, I am at the centre of the world economy, I buy and sell the front of people’s businesses, the doors that a million customers may walk through in the future and have done in the past.
The cogs of the capitalist machine will continue to churn regardless, the death of a business and the release of a domain into my clutches and the employee onto the streets is the birth of a new business, the purchase of that same domain and all the while money will still be spent as prices of goods and wares decreases before ultimately rising in due course. I think these are fantastic times for the entrepreneur and for domaining and internet business in general. Happy Christmas! Anyone got a fiver?
posted by Lee Owen