Fix failing businesses. Were out of business. We were out of business before, we just didnt know it. I make tough decisions. Gregs not in charge anymore. Im in charge. And i back them up with my own cash. Its not always pretty. Every days not gonna be like this . No, gonna get much worse. But this is business. Cut your losses and go home. I do it to save jobs. Things are going to change. And i do it to make money. This the profit. [theme music] nine years ago, amazing grapes opened its doors in the heart of orange county, a wealthy community about an hour south of los angeles. It was the vision of Greg Schroeder. This is good stuff. A wealthy real estate consultant who loved collecting wines and decided to turn his hobby into a business. We had to drive 35 miles to find the nearest fine wine store, and i thought, just open a store closer to home. Today, amazing grapes sells some of the finest wines in the world, and while the business generates about 3. 5 million in revenue, last year,
We were out of business before, we just didnt know it. I make tough decisions. Gregs not in charge anymore. Im in charge. And i back them up with my own cash. Its not always pretty. Every days not gonna be like this . No, gonna get much worse. But this is business. Cut your losses and go home. I do it to save jobs. Things are going to change. And i do it to make money. This the profit. [theme music] nine years ago, amazing grapes opened its doors in the heart of orange county, a wealthy community about an hour south of los angeles. It was the vision of Greg Schroeder. This is good stuff. A wealthy real estate consultant who loved collecting wines and decided to turn his hobby into a business. We had to drive 35 miles to find the nearest fine wine store, and i thought, just open a store closer to home. Today, amazing grapes sells some of the finest wines in the world, and while the business generates about 3. 5 million in revenue, last year, they lost money. We have never seen a profit
Thats the new girl, its her first day. Some people say there will be trouble. Some people saw trouble coming right from the start. Good morning. Good morning, miss wright. Careful on the turn. Good Office Management begins at home. Youre late. Guilty, sir. You better hurry. My coffees probably getting cold. No wonder i love to get up in the morning. Ive got such a nice boss to look forward to. Incidentally, did you see the urgent note i left on your pad last night . Top policy meeting at 9 15 . Yes. Mr. Dennis got back from washington late yesterday and called the meeting after you had gone. Thanks. This might be the new government contract. Was there any explanation . I tried to finesse some information from his secretary, beth. Shes as inform ative as a quiz program. Okay. I better get going. Have some hot coffee waiting for me. Yes, sir. Good Office Management begins at home. Theyll quit. First one, then another. Whatever they do, theyll make hell for that first negro girl you put o
Aware many of you have no idea who i am so thank you for showing up out of the spirit of pure curiosity. I think it speaks very well of you and i know theres really big names at the festival and i feel honored to be among them so thanks for coming. Who am i to mark a few things around i write a column called the undercover economist for the Financial Times. At the pink newspaper thats really good. I recommend it. Thanks baxter. And the second thing is i present bbc radio so im present a show for the Bbc World Service called 50things that made the modern economy. Ive presented a show for bbc radio for aboutnumbers and how we think about numbers and how numbers lead us astray. And sometimes help us understand the world. And i also have a podcast with a gentleman called michael lewis, a gentleman called Malcolm Gladwell called Cautionary Tales which is all aboutthings going wrong , sometimes in amusing ways and what we can learn from them. So in between all that, i tried to write a few bo
Hiring of a black secretary by federal contractor after president eisenhower ordered equal Employment Opportunities with government contracts. Thats the new girl is her first day some people say there will be trouble, some people saw trouble coming right from the start. Morning miss right careful on the turn. Good Office Management begins at home you are late. Guilty sir youd better hurry my copy is probably getting cold. No wonder i love to get up in the morning ive gets a nice boss did you see the urgent note i left on your . I tried to finesse information from his secretary and she is as informative as a quiz program. I had better get going. Have black coffee waiting for me. Good Office Management begins at home. Whatever they do, they are going to make health for that new negro girl you put on the payroll. New negro girl you put on the payroll. Are you going to sit behind every secretary with a gun on your back . It means we can put the new policy through without trouble. We will h