Based on all the published words of Lucinda it seems clear to me that she is essentially incompetent. Groupon is just one type of rope that she used to hang herself. But not the only rope by any means.
Having said that, of course it is in Groupon's best interest to avoid doing business in those kinds of situations. Pretty frightening PR for them.
What proof do you have of Lucinda's incompetence? I must admit I'm curious as to how you came to that conclusion (even if it's little hints in the article, here and there).
The owner of Posies is Jessie, not Lucinda (the regular customer). I have to admit I'm surprised Jessie agreed to take a loss without any upper bound. It's almost like stock speculators who used to take naked short positions with no hedging. Somehow it never crosses their mind to say "wait, couldn't this completely wipe me out?"
1. She didn't see this coming. Apparently she has no instinct for due diligence.
2. The way she handled one of her best customers, Lucinda. This woman does not seem to understand the most basic principles of successfully running a small business.
I've seen Jessie make essentially 2 business decisions and both have been horrendously embarrassingly bad.
Comments
Based on all the published words of Lucinda it seems clear to me that she is essentially incompetent. Groupon is just one type of rope that she used to hang herself. But not the only rope by any means.
Having said that, of course it is in Groupon's best interest to avoid doing business in those kinds of situations. Pretty frightening PR for them.
What proof do you have of Lucinda's incompetence? I must admit I'm curious as to how you came to that conclusion (even if it's little hints in the article, here and there).
The owner of Posies is Jessie, not Lucinda (the regular customer). I have to admit I'm surprised Jessie agreed to take a loss without any upper bound. It's almost like stock speculators who used to take naked short positions with no hedging. Somehow it never crosses their mind to say "wait, couldn't this completely wipe me out?"
Oops I meant Jessie. I base it on a few things.
1. She didn't see this coming. Apparently she has no instinct for due diligence.
2. The way she handled one of her best customers, Lucinda. This woman does not seem to understand the most basic principles of successfully running a small business.
I've seen Jessie make essentially 2 business decisions and both have been horrendously embarrassingly bad.