It includes the places where the customers come sit.

SM So, the scientific method I alluded to is pretty important.

Thus The Pirate Bay isn't idealistic.

When you look at him, health isn't the first thing you think of.

What we used to believe for strategy is that you start any company with an operating plan and a financial model.

We could actually do without the employee.

Myself.

You'll never rest in peace until you get over your grief.

Closed operations.

Me.

And a customer development team says,

Well, the farmers think that they have 1,000 gold pieces.

Skillful management made a success of the business.

I am doing business on a large scale.

He is doing business on a large scale.

I'm talking about all companies.

Open 24 hours.

He has the ability to manage a business.

But now, over this period of time, over 2008, 2008 happens.

A health food company.

Construction.

This place is closed, ladies.

Well, the thing I mention which I'll expand on later in this course is that one of the mistakes that we've also made for decades is confusing the titles, sales marketing and bus dev with the job specifications.

And imagine that the consortia who bid to run it are told, whoever comes in at the lowest percentage markup on each transaction to fund the whole thing will get the deal.

You run the company.

(Laughter)

I'm a salesman.

I am a member of the sales department.

So now we add an interesting line.

We decided to infiltrate some companies and do a very similar thing.

It's open 24 hours a day. You can go in day or night.

He is managing the business for his father.

They don't take into account the public benefits of a free internet.

Into this broad category fall companies that run money lending and insurance businesses.

I have to tell you if this is your vision on day 1, you're already out of business.

From my point of view I liked the idea of the world's biggest site.

The tunnel computer is the entrance from the internet to the Pirate Bay.

Well, I think the, the, the most important, the most important thing about running a company is to remember all the time what a company is. A company is simply a group of people. And as a leader of people you have to be a great listener, you have to be a great motivator, you have to be very good at praising and looking for the best in people.

Is it open round the clock?

I prefer to work on my own.

So that's a nice thing to keep in the back of your mind, this return on asset concept, and it's very closely tied to operating profits and the actual assets of a firm.

And that's because they have the same exact asset.

That's what depreciation does.

You little...

Twentyfourhour Alex Cam.