True, but there are converses to that, as well.
"Vendors that wouldn't return your calls in a boom are falling all over you. You can buy equipment dirt cheap that no one wants to touch. You can get shell shocked laid off employees with reasonable salaries. "
I don't know if I'd agree fully with your first premise. During boom times, with the right business plan you can get vendors to finance your infrastructure, and you can get backing to pay for those outlandish salaries and fees that you would never pay, otherwise. In the end, however, water always seeks its own level, and gravity would have it settle down, rather than up. Except for the vapor, which always blows off into the wind, no matter what.
And if you can sell services for far cheaper as a result of down-time economies, then all I have to say is, Whoopee! And so go the margins. Since, incumbents are already selling at or below costs to maintain what they already have on their subscriber rolls.
The moral? You can't fool Mother Nature. |
