| Show ADVENTURE IS NEEDED TOO ONE of the officers of an important New York bank has no definite banking duties but is always busy A friend once asked him to define define deine de- de fine ine his position As you are area a golfer I 1 will tell you said the he banker I am the niblick nib nib- lick ick of this organization When fine old concerns that have lave borrowed money from us get in a hole It U is my business to o get them out out His friend asked him to discuss the things that cause a business to get Into difficulties Business is a combination of adventure and caution cau cau- tion he replied Sales and progress progress ress are the products of the adventurous adventurous mind But a business stays solvent when expenses are kept within bounds by the cautious accounting ac accounting ac- ac counting type of mind The right combination of the two minds mind makes a healthy business r But u t it has z I been my observation observation tion that when the expense accounting accounting accounting ac ac- ac- ac counting type of mind domina dominates tes tesa a business things are headed for trouble When something something some some- thing happens that Is not caused by men lawyers term it an Act of God The accounting mind is too liable to look upon sales as an Act of God which men can do little about As a matter of fact tact sales are man-made man created by the adventurous ad venturous mind that believes in new products advertising and exploration exploration tion of the unknown BeU Bea Syndicate syndicate Service |
