3 considerations for all of us Like him or loathe him Warren Buffet, the SAGE OF OMAHA, is well known for his quotes. Reputation One of his quotes that I can relate to is – ‘it takes a 20 years to build a reputation and five minutes to burn it’. Indeed, it does take a […]
3 considerations for all of us Like him or loathe him Warren Buffet, the SAGE OF OMAHA, is well known for his quotes. Reputation One of his quotes that I can relate to is – ‘it takes a 20 years to build a reputation and five minutes to burn it’. Indeed, it does take a long time to build a reputation or a brand and it may take only one or two slip ups to destroy it, particularly in the age of social media This observation was floating around in the back of my mind when I was reflecting on news reports over the last few days that a number of service stations – particularly those in country areas – are not passing on all the falls in fuel prices. While I can understand the desire to increase margins and therefore profits these reports do provide an insight into the…