Browse content similar to 25/05/2016. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News with Rachel Horne and Sally Bundock. | :00:00. | :00:14. | |
Talks in Brussels. Another cash injection to avoid default in July. | :00:15. | :00:22. | |
Live from London, that's our top story on Wednesday, 25th May. | :00:23. | :00:37. | |
They are calling it a major breakthrough. Eurozone Finance | :00:38. | :00:44. | |
Ministers agree a deal that will unlock funds in bail out funds and | :00:45. | :00:46. | |
phase in debt relief. And rights, camera, action - | :00:47. | :00:49. | |
the European Commission takes on the world's biggest players | :00:50. | :00:51. | |
in digital media but what will the changes deliver | :00:52. | :00:54. | |
for businesses and consumers? We are 30 minutes | :00:55. | :00:56. | |
into the trading day. The European markets were strong | :00:57. | :00:57. | |
yesterday and the theme And we'll be getting | :00:58. | :01:00. | |
the inside track on the business We're going to be talking | :01:01. | :01:11. | |
to the Chef Exec of an airline that carry's only business | :01:12. | :01:21. | |
class passengers. Jeff Bezos says McDonald's was his | :01:22. | :01:22. | |
first job while Michael Bloomberg This morning we want to know | :01:23. | :01:25. | |
what your first ever job?. A very warm welcome this morning. | :01:26. | :01:54. | |
Eurozone Finance Ministers agreed to unlock bail out funds to Greece. | :01:55. | :01:58. | |
After marathon talks that ended in the early hours of this morning in | :01:59. | :02:01. | |
Brussels, it was also agreed to phase in debt relief in two years | :02:02. | :02:06. | |
time, a key demand of the Greek Government and the International | :02:07. | :02:10. | |
Monetary Fund. The 19 ministers said the deal was made possible by | :02:11. | :02:15. | |
Greece's continued economic reforms. The European Commissioner for | :02:16. | :02:17. | |
economic and financial affairs welcomed the deal. | :02:18. | :02:24. | |
We have a good agreement in place which is as we expected and hoped. A | :02:25. | :02:34. | |
global agreement which opens the way for a significant disbursement of | :02:35. | :02:39. | |
much needed funding for Greece and for important measures on debt | :02:40. | :02:44. | |
relief. Above all, this opens the way for a return of confidence that | :02:45. | :02:51. | |
is so essential for lasting economic recovery in Greece which is our | :02:52. | :02:59. | |
common purpose. So yes, it is very important moment in that long and | :03:00. | :03:02. | |
sometimes difficult story. It has been a long and difficult | :03:03. | :03:04. | |
story, that's for sure. Our Business Correspondent Andrew | :03:05. | :03:10. | |
Walker joins me now. They are calling it a breakthrough, | :03:11. | :03:20. | |
or is it kicking the can down the road again? It is a breakthrough. It | :03:21. | :03:29. | |
will enable Greece to make payments that, debt repayments that are due | :03:30. | :03:33. | |
to central banks and other payments due to the International Monetary | :03:34. | :03:37. | |
Fund and make those payments on time and avoid what would potentially be | :03:38. | :03:42. | |
an extremely messy and disruptive default. It will also help Greece | :03:43. | :03:45. | |
with clearing some of the arrears that have been built up to business | :03:46. | :03:50. | |
suppliers for example, to the public sector and to tax payers who are due | :03:51. | :03:54. | |
refunds. So it is an important stage and I think the other point about | :03:55. | :03:58. | |
the debt relief, we don't have detail about exactly what is going | :03:59. | :04:02. | |
to be on offer, but certainly that was something that the International | :04:03. | :04:06. | |
Monetary Fund regarded as being essential to enable Greece to have a | :04:07. | :04:10. | |
sustainable debt burden over the coming decades and we really are | :04:11. | :04:14. | |
talking about decades because already it is going to be, it is | :04:15. | :04:23. | |
well into the 2050 decade before Greece would have fully repaid the | :04:24. | :04:29. | |
loans that it has already taken on. Just briefly, Andrew, this follows | :04:30. | :04:33. | |
the Greek Parliament approving new budget cuts and tax increases over | :04:34. | :04:38. | |
the weekend which has not gone down well in Greece, has it? No, that's | :04:39. | :04:42. | |
right. Those measures were essential to get the agreement that the | :04:43. | :04:46. | |
eurozone has given and even then I have to say, there is going to be | :04:47. | :04:51. | |
technical examination by the financial institutions, by the IMF | :04:52. | :04:54. | |
and the European Commission to ensure that they do genuinely comply | :04:55. | :05:01. | |
with what Greece was required to do, but I think those protests in Athens | :05:02. | :05:06. | |
are an indication that we're going to have more political turmoil as | :05:07. | :05:10. | |
this programme continues. Important though, this development is. Andrew | :05:11. | :05:13. | |
Walker, thank you. The likes of Amazon Prime | :05:14. | :05:18. | |
and Netflix and could be just hours away from being forced to make more | :05:19. | :05:21. | |
of their content inside The move is part of a raft | :05:22. | :05:24. | |
of proposals that will be unveiled later today as part of a plan | :05:25. | :05:28. | |
to shake up the digital The European Commission is expected | :05:29. | :05:31. | |
to rule that at least 20% of the streaming giant's content | :05:32. | :05:34. | |
consists of European Netflix has already denounced | :05:35. | :05:37. | |
the plans saying they will lead to streaming sites buying | :05:38. | :05:41. | |
lots of poor quality content just The plan could also lead to more | :05:42. | :05:45. | |
rigorous age restrictions for certain content on sites | :05:46. | :05:52. | |
like YouTube which traditional broadcasters wouldn't be able | :05:53. | :05:55. | |
to show during the day. As well as new media rules, | :05:56. | :06:00. | |
the Commission is also expected to announce a raft of other measures | :06:01. | :06:02. | |
aimed at creating These include an end to the practice | :06:03. | :06:05. | |
of geo-blocking which prevents customers in one country from buying | :06:06. | :06:14. | |
goods from online stores elsewhere Joining us from Brussels | :06:15. | :06:16. | |
is James Waterworth, Vice President, CCIA Europe, | :06:17. | :06:24. | |
a trade group representing those James, thank you for being on the | :06:25. | :06:37. | |
programme. Is this Europe meddling again or is Europe making the | :06:38. | :06:41. | |
playing field fairer? No, I mean much of what the European Union has | :06:42. | :06:44. | |
announced with this digital single market idea is very good. It makes | :06:45. | :06:48. | |
it easier for consumers to buy things from different countries in | :06:49. | :06:52. | |
Europe and makes it easier for businesses to trade across Europe. | :06:53. | :06:56. | |
However, the choices it makes in how it does this will be important. It | :06:57. | :06:59. | |
could end up making it actually harder. Netflix feels it has been | :07:00. | :07:08. | |
forced to make programmes in Europe, movies in Europe, and actually it | :07:09. | :07:12. | |
will water down what its unique selling point is. Well, companies | :07:13. | :07:16. | |
like Netflix of course already making or buying European | :07:17. | :07:21. | |
programming. So if you think about major blockbusters, major megabucks | :07:22. | :07:24. | |
investments they have made in France. In France they have made a | :07:25. | :07:31. | |
TV series called Marsai. They've bought many streaming sites have | :07:32. | :07:35. | |
bought films like, TV programmes like Top Gear, for example, so a lot | :07:36. | :07:39. | |
of quality European content is being made. What we think about quotas, it | :07:40. | :07:43. | |
won't necessarily improve the quality of what people want. So | :07:44. | :07:47. | |
potentially you will get bad programming and put on a service | :07:48. | :07:51. | |
which no one will watch. I bet others will counter that for sure. | :07:52. | :07:55. | |
Let's talk about the issue of rights. It is a minefield, how will | :07:56. | :07:59. | |
it be affected by the recommendations? Not necessarily | :08:00. | :08:03. | |
directly. It will more affect questions around safeguarding | :08:04. | :08:06. | |
children, what kind advertisements you can show. Rights, one of the | :08:07. | :08:10. | |
major pieces of legislation that's being looked at here now is whether | :08:11. | :08:13. | |
if you go on holiday. If you're going to go on holiday to Spain this | :08:14. | :08:18. | |
summer, whether you can take your, watch your Netflix account or BBCi | :08:19. | :08:21. | |
player when you're on holiday. That has many people who make TV | :08:22. | :08:25. | |
programming or make films worried about whether they will be able to | :08:26. | :08:28. | |
get the same amount of money for their rights, but actually, it seems | :08:29. | :08:32. | |
like a sensible measure which will ensure that consumers can get what | :08:33. | :08:36. | |
they've already paid for. James Waterworth thank you for your time | :08:37. | :08:40. | |
and we shall update you when we hear from bles as to what their | :08:41. | :08:42. | |
recommendations are. Monsanto has rejected a $62 billion | :08:43. | :08:48. | |
offer from Bayer that would have created the world's | :08:49. | :08:52. | |
biggest agricultural supplier. The US company said the offer | :08:53. | :08:54. | |
was "financially inadequate", but left the door open | :08:55. | :08:56. | |
for a potentially higher bid. Hugh Grant, Monsanto | :08:57. | :09:01. | |
Chief executive, said the proposal significantly | :09:02. | :09:03. | |
undervalued the company. He also raised concerns | :09:04. | :09:04. | |
about whether a deal would be Cuba's communist government has | :09:05. | :09:06. | |
announced it is legalising small and medium-sized private | :09:07. | :09:12. | |
businesses in the latest stage of economic reforms which began | :09:13. | :09:14. | |
when President Raul Castro took over The move could significantly expand | :09:15. | :09:20. | |
private enterprise in one of the world's last | :09:21. | :09:24. | |
centrally-planned economies. Huawei is suing tech rival Samsung | :09:25. | :09:27. | |
over claims that its patents The Chinese firm said | :09:28. | :09:30. | |
it was pursuing its South Korean rival in two courts - | :09:31. | :09:33. | |
one in California, Huawei says that several | :09:34. | :09:35. | |
of its cellular communications and software inventions had been | :09:36. | :09:38. | |
used in Samsung's phones Tata Steel will announce | :09:39. | :09:41. | |
its financial results for the first three months of this | :09:42. | :09:53. | |
year later today. They may also reveal | :09:54. | :09:57. | |
which bidders will continue in the race to buy the company's | :09:58. | :09:59. | |
British assets. Well, in the building behind me, | :10:00. | :10:13. | |
that's where the meeting is taking place and yes, of course, they will | :10:14. | :10:18. | |
be reviewing the financial situation of the company. They will be coming | :10:19. | :10:21. | |
out with their financial results for January to March this year and the | :10:22. | :10:25. | |
whole financial year from April last year to March this year, but they | :10:26. | :10:28. | |
will be assessing the bids that they've received. Earlier this | :10:29. | :10:31. | |
month, the company had confirmed that they had seven companies | :10:32. | :10:35. | |
expressing an interest in buying their UK operations. Monday was the | :10:36. | :10:38. | |
deadline for the final bids to be submitted and post that, we have not | :10:39. | :10:43. | |
yet received word from Tata Steel on how many companies have actually | :10:44. | :10:47. | |
made that bid, but post the meeting, we are expecting Tata to come out | :10:48. | :10:50. | |
with some statement and that's been perhaps, we will hear who made it to | :10:51. | :10:54. | |
the shortlist. Thank you. | :10:55. | :11:02. | |
The Hang Seng was up 2.56%. Its biggest leap for six weeks. The Dow | :11:03. | :11:11. | |
up over a percent. Figures out showing a surge in US home sales | :11:12. | :11:19. | |
giving investors confidence that the country can take the rumoured higher | :11:20. | :11:23. | |
interests which could be on the way. Green across the boards. Confidence | :11:24. | :11:29. | |
from the US filtering through and perhaps news of the deal in Greece | :11:30. | :11:32. | |
soothing the uncertainty that the markets don't like. Let's go over to | :11:33. | :11:37. | |
the States. On Tuesday we told you about Hewlett | :11:38. | :11:43. | |
Packard Enterprises reporting earnings. That deals with software | :11:44. | :11:47. | |
and servers. On Wednesday HP will be reporting. This houses the PC and | :11:48. | :11:54. | |
printing business. HP may not do as well as investors hoped, but it will | :11:55. | :11:58. | |
want to hear from HP executives on the company's efforts to cut costs. | :11:59. | :12:02. | |
Luxury jeweller Tiffany will be reporting earnings and if you have | :12:03. | :12:05. | |
been following some of the retail trends in America, you will know | :12:06. | :12:08. | |
that many high end brands have been struggling lately. The impact of the | :12:09. | :12:12. | |
strong dollar is starting to subside, but the issue for luxury | :12:13. | :12:16. | |
companies has been with customers preferring to spend their money on | :12:17. | :12:21. | |
their homes, insurance and travel. So what investors will be looking to | :12:22. | :12:25. | |
hear is what Tiffany's expects in terms of sales for the rest of the | :12:26. | :12:32. | |
year. Tiffany, diamonds are forever, so | :12:33. | :12:34. | |
they say! Joining us is Mike Amey, | :12:35. | :12:36. | |
managing director and There is so much going on. I feel | :12:37. | :12:45. | |
like I haven't stopped since I arrived at whatever time it was this | :12:46. | :12:48. | |
morning! Interesting that markets aren't reacting much to Greece. They | :12:49. | :12:52. | |
are focussed on the US home sales report, aren't they? That's right. | :12:53. | :12:56. | |
We are in one of the situations where everything looks like it is | :12:57. | :13:00. | |
going well. The soft patch looks like it has worked its way through. | :13:01. | :13:04. | |
Soft patch? That wasn't a soft patch. It was a crazy moment. Now we | :13:05. | :13:09. | |
appear to be back into a happier world where, you know, where | :13:10. | :13:13. | |
potentially the US can start to raise interest rates again. S and P | :13:14. | :13:17. | |
is back at the highs. Yeah, the markets have a better tone. One or | :13:18. | :13:21. | |
two things we need to keep an eye on. The Chinese currency is starting | :13:22. | :13:25. | |
to go down again. Yes, just talk us through that. The Chinese obviously | :13:26. | :13:30. | |
have a tight relationship with the US dollar with their exchange rate | :13:31. | :13:34. | |
and they are tied to the US dollar. When the dollar goes up, China's | :13:35. | :13:40. | |
currency goes up and they have had a tough time. They valued around the | :13:41. | :13:43. | |
turn of the year. That's one of the reasons we had the volatility in the | :13:44. | :13:46. | |
first place. A bit of nervousness, they might be doing that, but so far | :13:47. | :13:52. | |
things are holding well: This morning you were discussing the | :13:53. | :13:55. | |
bunny market. Give us more explanation. Why can we have only | :13:56. | :13:59. | |
two types of market? Why not have a new version. Bull markets are ones | :14:00. | :14:04. | |
that go up over time. Bear markets going down over time. A bunny market | :14:05. | :14:08. | |
is where you don't go anywhere, you just kind of go, hop, hop, hop... | :14:09. | :14:13. | |
Hopping in and out. Exactly. Don't get too caught up in the bit that | :14:14. | :14:17. | |
goes up or the bit that goes down. There is a degree of that going on | :14:18. | :14:21. | |
at the moment. Already, we won't talk about the dead cat bounce. | :14:22. | :14:23. | |
We'll confuse everybody! Still to come: Business class gets | :14:24. | :14:27. | |
the easy jet treatment. We speak to the man who says | :14:28. | :14:30. | |
he won't offer you the best business class experience but he will offer | :14:31. | :14:33. | |
you the cheapest. You're with Business | :14:34. | :14:35. | |
Live from BBC News. Marks Spencer has reported a 19.5% | :14:36. | :14:40. | |
fall in pre-tax annual profits Its new chief executive Steve Rowe | :14:41. | :14:43. | |
has pledged to slash prices and put more staff in stores to turn | :14:44. | :14:49. | |
around its beleaguered clothing arm, Let's speak to Rob Young, | :14:50. | :14:51. | |
who's just been talking to the boss. Co, Good morning. What did he say to | :14:52. | :15:07. | |
you? The big problem with Marks Spencer is the cloefting and home | :15:08. | :15:14. | |
ware divisions. -- clothing. Sales are down 3%. That old chestnut, | :15:15. | :15:21. | |
they blamed. But the City is they blamed. But the City is | :15:22. | :15:25. | |
focussing on their turn around plan. They say that that together with | :15:26. | :15:29. | |
difficult trading conditions at the moment will hit profits in the | :15:30. | :15:33. | |
short-term. We can see from this chart what investors are making of | :15:34. | :15:37. | |
that. Shares have been sliding for six months and this shows that | :15:38. | :15:43. | |
shares in M are down about 7%, suggesting investors don't like what | :15:44. | :15:46. | |
they have been hearing from the new boss today. What else do you think | :15:47. | :15:51. | |
we will hear from the new boss. We have had a whole line of M bosses | :15:52. | :15:57. | |
pledging to change. What will he do differently. Steve Rose said they | :15:58. | :16:05. | |
have cut the price of 300 different products, that is three and a half | :16:06. | :16:11. | |
million garments. And they will focus on what they call a stylish | :16:12. | :16:18. | |
contemporary feel and said M has not been listening to customers and | :16:19. | :16:25. | |
had tended to tell customers what they want instead of listening to | :16:26. | :16:29. | |
what they need. So the emphasis will be on cherishing and celebrating the | :16:30. | :16:35. | |
customer that he described adds Mr and Mrs M Are you Mrs M I am | :16:36. | :16:41. | |
not. I am a bit. Toy yo that are teaming with Uber | :16:42. | :17:04. | |
and Vaulks wagon getting a link up with Another taxi company. A lot | :17:05. | :17:11. | |
going on as car makers try and move into other realms in technology. | :17:12. | :17:16. | |
Our top story - Greece has agreed a deal to unlock a further | :17:17. | :17:21. | |
10.3 billion euros in loans from its international creditors. | :17:22. | :17:24. | |
Eurozone finance ministers also agreed to potentially offer | :17:25. | :17:26. | |
Greece debt relief - a concession that was necessary | :17:27. | :17:28. | |
For many the idea of flying in business class is a bit of a treat. | :17:29. | :17:44. | |
However for those whose jobs entail regularly taking to the skies, | :17:45. | :17:47. | |
it can also become an office on the move. | :17:48. | :17:49. | |
As well as offering the chance to sleep and relax, business class | :17:50. | :17:52. | |
also allows customers space to work and e-mail and even make calls | :17:53. | :17:55. | |
And airlines cash in on offering all these added extras - | :17:56. | :18:01. | |
it's estimated that profit margins for business class passengers are up | :18:02. | :18:06. | |
to ten times higher than they are for travellers in economy. | :18:07. | :18:10. | |
And all of that helps the balance sheet, according to IATA, | :18:11. | :18:13. | |
22% of airline revenue come from premium travellers. | :18:14. | :18:16. | |
The increasing demand for business travel is now leading to some | :18:17. | :18:21. | |
One of the company's leading that movement is La Compagnie, | :18:22. | :18:26. | |
they're an all-business-class airline that operates | :18:27. | :18:27. | |
The CEO and co founder of the airline, Frantz | :18:28. | :18:31. | |
I have to say for Rachael and I, we travel with three little boys on | :18:32. | :18:46. | |
planes. We don't share them. She has three, I have three. The thought of | :18:47. | :18:50. | |
a bed privacy sounds like another world us to. Yes, well obviousy when | :18:51. | :18:57. | |
we created the company what we did was only addressing the passenger's | :18:58. | :19:07. | |
need. Before travelling on La Compagnie, travelli long haul you | :19:08. | :19:18. | |
had only two experiences. We see them beyond the curtain. What we are | :19:19. | :19:23. | |
offering is a business class long haul, much, much cheaper than the | :19:24. | :19:32. | |
others. Everyone is Average is two two three times cheaper. At the | :19:33. | :19:35. | |
moment you travel between Paris and New York and Luton Airport, which is | :19:36. | :19:41. | |
north of London and New York. And you're saying that the price of a | :19:42. | :19:47. | |
ticket is two thirds less than say a legacy carrier. Two to three times | :19:48. | :19:57. | |
cheaper. We start at ?1,000 round trip, all in, you can carry two big | :19:58. | :20:03. | |
bags, you have access to the lounge both sides of the Pond. You have a | :20:04. | :20:10. | |
real bed, you have meals prepared by your chef. Other companies have | :20:11. | :20:14. | |
tried this like Skyline and they have gone bust aw and you did it | :20:15. | :20:19. | |
with your first airline and sold that on. Why do you think this one | :20:20. | :20:25. | |
will succeed? We see it as a success on the Paris to New York route and | :20:26. | :20:29. | |
we started those operations in 2014 and that is a big success. London | :20:30. | :20:35. | |
route it is coming up. It is ramping up. We are still ten points below | :20:36. | :20:41. | |
Paris, but the success starts to be here and we are happy. You know for | :20:42. | :20:46. | |
a small start up airline we have been happy and proud to be the only | :20:47. | :20:52. | |
European one to operate the two longest, the two busiest routes in | :20:53. | :20:57. | |
the word, London/New York and Paris/New York. We have good news, | :20:58. | :21:02. | |
when we started up with the London route one year ago we were operating | :21:03. | :21:07. | |
only five per week, we are going to go six per week by the end of June. | :21:08. | :21:14. | |
Why do you think it is working, what are you doing differently. It worked | :21:15. | :21:21. | |
well with and yon. You may ask British Airways why they paid 78 | :21:22. | :21:28. | |
million for it, that was less than two years ago was 50 million. I | :21:29. | :21:33. | |
think in September 2008 the world has changed and everyone from one | :21:34. | :21:37. | |
day to the other became cost conscious. We have 64% of passengers | :21:38. | :21:46. | |
are corporations and they are more cost conscious and what is true of | :21:47. | :21:52. | |
core prafgss is usually true for you and me. When we want to travel, we | :21:53. | :21:57. | |
want to spend less. You said you need your planes to be two thirds | :21:58. | :22:03. | |
full to break even. More passengers, you're making a profit. You're going | :22:04. | :22:06. | |
to Europe and New York, what about the other side of the world, what | :22:07. | :22:12. | |
about Asia. First we want to reinforce our position in the North | :22:13. | :22:17. | |
at lap tick and getting -- Atlantic and getting more operations between | :22:18. | :22:21. | |
Paris and New York and London and from other nations to New York. Then | :22:22. | :22:26. | |
I guess we cannot stay away from the west coast of the US and Asia too | :22:27. | :22:32. | |
long. We are ran out of time. Thank you for coming N maybe we will | :22:33. | :22:36. | |
experience the luxury one day. When we haven't got to buy five flight | :22:37. | :22:39. | |
tickets. Shall we move on. Now, we've tended to see robots | :22:40. | :22:42. | |
as a bit of a threat, particularly to jobs as they become | :22:43. | :22:45. | |
capable of more and more tasks. But at Europe's biggest | :22:46. | :22:48. | |
robotics event all the talk The idea is that collaborative | :22:49. | :22:50. | |
robots will work with humans Our technology correspondent Rory | :22:51. | :22:55. | |
Cellan-Jones reports from Paris. In Paris this week you can meet all | :22:56. | :23:12. | |
kinds of robots. These once dance. This one is more practical, cleaning | :23:13. | :23:18. | |
your barbecue grill. For decades industrial robots have been doing | :23:19. | :23:24. | |
tasks. Robots have been in factories for years, but they're locked away, | :23:25. | :23:30. | |
seen as a threat to jobs. The new emphasis is on collaborative robots | :23:31. | :23:34. | |
you can work alongside and see almost as a work mate, perhaps have | :23:35. | :23:40. | |
a joke with. They're getting better at learning human tasks, but the | :23:41. | :23:44. | |
people building them say we should see them as friends not foes. | :23:45. | :23:51. | |
What other business stories has the media been | :23:52. | :23:53. | |
Mike Amey, managing director and portfolio manager at Pimco | :23:54. | :23:56. | |
We mentioned what was your first job? Pretty glamorous, I stacked | :23:57. | :24:06. | |
chickens in a frozen chicken factory. Mine was a pie factory. | :24:07. | :24:14. | |
Were you next to a conveyor belt. I was just earlier in the line. Do you | :24:15. | :24:22. | |
eat chicken now? Yes. Now, I can't eat pies. It was a well known | :24:23. | :24:28. | |
retailer. My first job was a summer camp leader. Great responsibility. | :24:29. | :24:35. | |
Getting everybody toeing the line. I had to teach orienteering. Two of | :24:36. | :24:42. | |
the kids went missing in the woods! This story is in the Daily | :24:43. | :24:46. | |
Telegraph, what jobs did the world's top business people do before they | :24:47. | :24:52. | |
were millionaires. Everyone can recognise Richard Branson. We know | :24:53. | :25:03. | |
what he was up to. But Jeff Bessos, the founder of Amazon worked in | :25:04. | :25:09. | |
McDonalds. A number just had regular jobs that we have all had. It gives | :25:10. | :25:13. | |
you experience, if you're going to you experience, if you're going to | :25:14. | :25:16. | |
run a big company, if you have plenty of experience that is what | :25:17. | :25:22. | |
they're looking for. It is a good grounding to start off stacking | :25:23. | :25:29. | |
chickens or... Mine was a figure skater. The CEO of net flicks, he | :25:30. | :25:37. | |
was a vacuum cleaner seamsman. -- Salesman. If you can sell that... | :25:38. | :25:47. | |
... You can do well. Thank you for coming. We will be back tomorrow. | :25:48. | :25:52. | |
See you soon. Goodbye. | :25:53. | :25:55. |