Monday Rant! March 15th 2010

There’s nothing worse than the drive to work Monday morning.
With that in mind I’ve decided to dedicate my Monday posts to things I hate.

Let’s start things off proper… I hate 12 hour actions!

I can’t remember a single time I’ve ever posted a 12 hour action that I didn’t feel rage. For some people a 12 hour action represents a business plan.  For me it represents a terrible failure. 

Any time I press that 12 hour auction button I’m admitting two things.  The deposit is high enough to seriously affect my margins, and if the auction does not sell in the first hour it will not sell period.  The rage comes from the feeling that I just backed myself into a corner. 

Once I have identified the need for a 12 hour auction I will purge myself of any and all goods at any price.  I would rather loose 50% of my investment than micro-manage an auction. 

Cheers!
CK

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