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His success surprised a lot of peoplee because Doc hadno in-depth business and he didn’t have the 70 hours-a-week drivd that powers most entrepreneurs. It seemefd he’d been in the right place at the rightt time with theright Unfortunately, all those rights didn’t prevent some big Not understanding business basics, Doc didn’gt know how to respond to changes in informatio n technology, customer preferences and other marketplace His head was full of “what I’d like to instead of “what I have to do.” He sat cluelessa behind his big desk while the companyt spiraled downward.
Just before it all came completely apart, Doc’s son Barneyy gave in to his mother’s left a corporate vice presidenchy and came home totake over. Good old Barney managedr to savethe day. Now 10 years later, Doc was tryinv to relive his life in business as he wished it had been by leaninvg on Barney to do things theway he’d alwayss wanted to do them. Barney has a pretty level head andthico skin, but sometimes he just need s to vent. “I used to chuckle at storiesz of parents trying to live the liveas they never had throughtheird kids,” Barney said around a mouthful of Tex-Mex High-Yield Nuclear Chili at the Carolina Moon Café.
“You know, trying to make a ballerinq out of a kid with two left Ithought I’d escapedd that.” “Is your dad at it again?” I’d heard some of Barney’s stories. “Picturd this.” Barney put down his spoon so he coulc talk withboth hands. “We’re in the bank president’x office to negotiate an increase in ourcredit We’re financially solid, but credit isn’t easy for anyonse to come by these days.
“Jus as I’m finishing my speech about usin g the new money for crucialbusiness growth, Dad pops up with ‘Ov course, as head of the Barney reserves the right to apply the funds to priority needs as he and I see That’s what being CEO is all about.’ The bank president had his own idea of what beinh CEO is all We were lucky to get everythinbg signed and get out of “Doc probably shouldn’t be involved in such I said. “He’s my father,” Barnet said. “What am I gonnaa do? Anyway, I get a call a couple of weekd ago from a business reporter down at the and she wants to knowhow we’rew doing on acquiring our biggest competitor.
I tell her I don’ know what she’s talking about, and she says, ‘uI have a tip from someone very close to the head of your companyg that the financing is almostlockes in.’ And I say, ‘I’jm the head of this company, and I’m telling you we don’rt have any plans …’ Then the light goes on.” “Yourf dad?” I asked. “Why would he stargt a rumor like that?” “That’s the question I asked him about 15secone later. ‘Barney,’ he said to me, ‘yoi have to keep your name in the headlinese so people willknow you’re alive and kicking. Stir the pot, let ‘em speculate.
’” Barne y shook his head. “Sheesh!” “Io hope he hasn’t done any more I said. “Just the reception the main conference room and his officsthis time,” Barney said. “Almost $60,000! But it’s not only the It’s him making decisions and making a lot of noise about it because hethinksa that’s what being a CEO is all It was that over-blown CEO nonsense that almost sank the companyg 10 years ago.” “I agree with you that he’e trying to do through you what he couldn’f do successfully himself.
Doc probably won’g be satisfied with any place in the compan ythat isn’t right over your “But he’s a good guy and good Barney shrugged, “even if he isn’t much of a And sometimes he comes up with some good I’ll just be careful about how much opportunity he has to make serious “Good thinking,” I said. “Who knows, Barney You might need an understanding son yourselfrsome day.
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