Scott Maddux

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On December 7, 2015, Scott Maddux commented on NetJets – Pioneer in Private Business Travel :

Fantastic business that I would not mind experiencing at some point in my life. I think that this is a really hard business to get right given the logistical nightmares, capital to buy planes, training of staff, etc. and, from what I read, these guys are best-in-class.

In your opinion, if Net Jets could wave a magic wand and grow only one part of their business as fast as they want, would it be the fractional ownership or leasing part? I haven’t done much homework and don’t know the answer, but I would imagine that the fractional ownership part of the company is a bigger part of the business when the economy is doing well, but the leasing part of the business is what sustains the company during a downturn.

On December 7, 2015, Scott Maddux commented on UberPool – Transportation for Everyone :

Great concept by UBER, but so far poor execution in my book! I have taken UBER Pool a few times, mostly because I was hoping to get a cheaper, fixed fare and have no one else jump in my car. It worked once, but the last two times I have been paired with other people while coming home from South Station. I am not sure why this happened, but I was scheduled to get dropped off last (I was the furthest away from the pick up location), but the girl who got dropped off a considerable distance before me was charged the same rate that I was. Even though it was still cheaper than getting her own ride, (in my opinion) she should not have to pay the same amount as what I was asked to pay.

While reading your post, I had the thought that, while I still believe this is a great concept, it seems like UBER’s operating model still has some catching up to do with their business model.

On December 7, 2015, Scott Maddux commented on Aldi’s Crusade Against Costs :

Nice job outlining the business / operating models! The graphics also really helped me visualize each point you discussed.

I was a loyal ALDI customer when I lived in London and was on a tight budget and I remember that I was happy to buy cereals, bread, eggs and milk at ALDI, but was hesitant to buy higher priced items like meats. I would be curious if you came across anything that broke down the percent of sales by product type to see how they compare to more traditional grocers.

Similar to Heather, I wonder how this specific business model will translate into the U.S. Tesco tried to launch a chain of grocery stores here under the Fresh & Easy name, but their business / operating models did not translate well and Tesco subsequently shut down the operation.