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April 2013

man on cell phone - PayReel

The Problem With Ethics

The Problem With Ethics 1920 1080 PayReel

If you had to choose, would you rather own and run a business with A) a partner who is hard-working, brilliant, innovative, and dishonest, or B) a struggling C-student that you’d trust with your life?

While you’re compiling your list of arguments in favor of the C-student, allow me to remind you that we’re talking about running a business here. I’m voting for the smart guy. Honest or not, we’re facing relentless competition and price pressure. Our customers expect a continuous flow of new products and improved service. Our shareholders were not amused with last quarter’s results.  And our kids just got into Yale.

You see, that’s the problem with ethics. They tend to get in the way. They make us stop and examine our motives. They’ve even caused us to turn down lucrative contracts that would have nailed our business plans for the year. Being all goody-two-shoes can wreak havoc on our short-term plans.

If only we had the luxury of focusing our attention on the long-term stability and reputation of our businesses. We could build development plans around our C-students and unleash the potential they bring to our enterprise.  We wouldn’t jump every time the phone rings after 6pm. Instead of getting in the way, our core values could actually light our way. Imagine this little business we’ve just started being around 50 years from now, thriving and holding fast to the ethics we chose to implant. And think of the money we’d save on private detectives!

I think I’d like to change my vote.

PayReel’s clients, who are some of the biggest companies in the world, are constantly immersed in the chaos of producing multimedia content or executing live events. PayReel makes sure they have the right contractors at the right time in the right place, and that everyone gets paid properly. And, most importantly, they handle every last detail perfectly while making sure their clients think nothing of it. Relax. We got it.

twinkie - PayReel

PayReel Makes Controversial Announcement

PayReel Makes Controversial Announcement 605 328 PayReel

News Release: April 1, 2013 – PayReel Acquires Hostess Brands

“It’s all about extending our reach and, of course, the Twinkies!” commented PR’s top executive. “We could no longer bear the thought of weekly staff meetings without those wonderful little attitude adjusters.”

PR shares rose 1,200% on the news. In a rare consensus, industry analysts all agree the move signals a reversal in the company’s belt-tightening strategy. “This decision will certainly make them a much bigger player,” one analyst offered. When asked for an estimate of how soon the acquisition will impact company results, PR’s CFO explained, “We look forward to digesting as many of the Hostess assets as quickly as possible.  We foresee only the anticipated shortage of milk as an obstacle to our explosive girth … er, growth.”

PayReel employees expressed mixed reactions to the news. “When I said we had a bunch of Ding Dongs upstairs, this isn’t what I meant!” lamented one middle manager.

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