Thursday, October 18, 2007

Money Does Not Equal Success

I pretty much learned 3 things from the readings:

1. Don't become a franchisee, especially not for Subway.
Well it seems that this form of opening your own business may prove successful, the amount of royalties and other deductibles like that ruin most chances for many franchisees to succeed. After all, as Schlosser said, money isn't true success. The only question that remains is, what does success mean to you?
2. Americans' greatest fear is losing their jobs.
I fully agree with this statement and how it effects modern society. Money runs the world and, without a job, it becomes hard to survive. People look at their success based on how much money they have but this shouldn't be the case. In the future, you won't be remembered by what job you had or how much money you made, but by the effect you had on the people around you.
3. Corporate abuse can't fully change until the law of corporate governance changes.
One quote summarizes Hinkley's entire article: "Corporations should have more than one purpose. they also owe something to their workers and the communities in which they operate, and they should sometimes sacrifice some profit for the sake of making things better for their workers and communities."

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