I'll succinctly provide the background facts necessary to understand my story:
I was an Academic All American defensive end at a college football powerhouse that also had good academics. I graduated in three and a half years with a degree in business administration, salutatorian of my business school class.
I am too influenced by a female's looks β something that I've unsuccessfully tried to correct but can't β and not enough by character and personality. That caused me to marry Melissa, every man's idea of a perfect 10 in the looks department but more like a 2 or a 3 in the character department.
I was highly successful in my first job out of business school, and got an MBA in summers and at night, and in my second job was even more successful. I became a specialist in turning around small failing companies. My second job required me to travel often, which at first Melissa bitched about but then suddenly became happy with. Of course the reason that she became happy with it was because she started fucking two other guys, a young one for fun, and an old one with the idea of replacing me because even though with my business acumen at some time I was likely to become rich, he already was.
I believe in self-help. You don't start as a defensive end for a top ten Division I football program unless you're big and tough β with a mean streak. I beat the shit out of the young guy that Melissa was fucking for fun, and β not the most mature thing ever β destroyed the Silver Cloud of the rich guy she was seeking to replace me with since he was frail enough that if I hit him with one punch it would have killed him.
It turns out that I was wise to be living in the state where I had played for the football-crazed flagship university. The judge for my assault and vandalism charges was the mother of one of my teammates during college, and the assistant D. A. handling the case was a friend of mine from college who Melissa had never met. Fortunately neither recused themselves so I got a three year suspended sentence and was ordered to pay restitution for the destroyed Silver Cloud and the asshole's medical bills.
My situation wasn't entirely bad, however. In order to try and pressure me into a quick divorce and unfavorable settlement Melissa and her new beau publically defamed me in a manner that my shark attorney could prove.
By the time that I was twenty nine I had a divorce, no alimony, still two and a half years on my suspended sentence, $850,000 in the bank from my share of the divorce assets and the defamation suit (my attorneys took the rest), and an employer who was skittish about my future employment.
It was only because I had been so successful in the past that I wasn't fired; however, I was demoted to handling only stinkers and my reputation in the company was stained. I was thinking about quitting even though trying to find a job with another employer would be problematic in view of my felony conviction, when the V. P. of MegaBucks, Inc. that I worked for, John Braxton, came to me with a proposal.
"Rob β I know that you don't like the work you're doing now and probably would have said sayΕnara several months ago if you thought that you could get another decent job. However, something has come up that is your potential ticket out of corporate purgatory," Braxton said with his feet up on his desk in his ostentatious corner office.
"I'm all ears, John," I chuckled.
"We just bought a failing business in Chadron, Nebraska. If you can turn it around you'll be back on track to become a V P. Before your problems I had you in my sights as my successor as soon as I become president β in about three years," the last phrase said with a chuckle.
"Where the hell is Chadron, Nebraska?" I inquired, never having been in the state in my life, and never having heard the word "Chadron" before.
"It's in the Great Plains region of Nebraska. It's the county seat of Dawes County, and the location of Chadron State College and next to the Nebraska National Forest. It's actually a very picturesque town of about 5,500 people β but it's economy is not great since Chadron Widget Company is the biggest employer and is going under," he spouted, sounding like a travel log and business man at the same time. "You'll have to move there β within a month if not sooner."
I was quiet and pensive for quite a while β staring out the window of the 33rd floor of the high rise building in the large city that I now worked in. I had never lived in a small town, never even thought about going to Nebraska, and didn't know what products Chadron Widget Company made. I also was looking for a new start having dumped β or been dumped by β that cheating slut Melissa, so I thought "Why the fuck not?"
"You can have a week to think it over, but no more," Braxton announced, breaking the silence.
"I don't need a week. My apartment rental is month-to-month and I want to get as far away from that cheating slut and her asshole old fart fiancΓ© as soon as possible. Where can I find all of the financials about Chadron Widget?" I replied.
Braxton smiled, lifted a memory stick off of his desk, handed it to me, and said "Let me know when you're ready to move β we'll arrange temporary housing for you."
**************
In actuality, Braxton was doing me no favors. Chardon Widget β based upon the financials β had a 90% chance of failing within the next year. Losing 409 full time and 12 part time jobs in a town of 5,500 was going to be a big blow to the its economy. MegaBucks, Inc. had probably bought it because it had some intellectual property that it might be able to use elsewhere, and if cannibalized would allow it to make a small profit. I'm not sure that MegaBucks really wanted Chadron Widget to succeed, but I extracted from Braxton β in writing β a promise that Chadron Widget would not be cannibalized for at least fourteen months, and that if it met certain projections within eighteen months, then twenty eight months, that it would remain viable. Also, I extracted the potential for large bonus payments for myself if I met my optimistic projections.
I had a little culture shock when I got to Chadron. While it actually was a beautiful little town, it was just that β a little town not a bustling metropolitan area like I had lived in my entire life. The people were friendly if unsophisticated. I seemed to be immediately accepted probably not because I was a businessman but because I was a marginally famous large ex-football player in a football crazy state.
The plant was just outside of town. It was a little run down, but nothing that couldn't be easily remedied if some money was put into it. Unfortunately the last three managers had been either stupid, crooked, or both, and the morale was low. Also there seemed to be a hierarchy that wasn't based upon seniority or job worth or performance that was hard to figure out.
My personality is straight forward. I've always been a what-you-see is what-you-get guy. I don't lie, sugar coat things, or beat around the bush. At a Saturday morning meeting the second week that I was manager of 420 employees (only one was excused, and the rest were told show up or don't come back) at the College's auditorium (available only because it was summer and there were few summer school students), the only place in town big enough to accommodate that number of people for a power point presentation, I was brutally honest, yet optimistic.
After introducing myself, including giving my background (and not omitting my assault conviction "Which is why I got sent here,") I got right to the point. "The last three managers were morons. I'm not. The last three managers had no imagination. I do. The statistics say that there's a 90% chance of going under in the next year, although I've been given a guarantee of fourteen months no matter what before the company will be closed. Here's how we're not only going to make it, but succeed."
Every eye in the place was wide β they got even wider when I started my power point presentation.
The most significant point in the presentation was key β it would make or break the presentation, and maybe even the company.
"Every employee is going to take a 7% pay cut. In exchange for that pay cut you'll get a profit sharing certificate. If the company is profitable after eighteen months you'll get either a partial or the full value of your pay cut back in cash. If the company continues to be profitable after twenty eight months you'll get a profit-participation bonus commensurate with the percentage that your salary is of total payroll, excluding my salary."
I then went through my plans to turn the company around, some broad strokes, some details; this included a complete re-arrangement of the job titles and "chain of command," and incentives for advancement.
Near the end of the presentation I called the two graduate engineers who worked for the company up to the stage; their names are Bertil (my age) and Mitch (45 years old). "Bertil and Mitch are going to be important in turning this company around. They are the only two who won't have their salary cut yet they'll still get profit participation β in fact at twice the level of anyone else. They're going to have to earn it by implementing some of my new ideas and working their assess off. I announce this here and now because I don't want any gossip or jealousy relating to it."
I concluded the presentation with "Any questions?"
I calmly answered questions, some softball, some nasty, for an hour. Once everyone had their curiosity satisfied I said "OK β you have one week to either sign a contract for a 7% pay cut and profit participation certificate, or quit. If you quit you'll get two weeks' severance, and a good recommendation, nothing more. A luncheon buffet is in the cafeteria."
The luncheon was interesting. I made a point of going up to everyone there β only about ten people had left after the presentation β and getting their name and previous job title. I had already memorized all the names and titles, but putting a face to each was important to me. I admit to "crushing" the male employee's hands, although not enough for any real hurt, and gently and for a long period of time shaking the hands of the females. People respect you if they like or fear you β I wanted both, but if I could have only one, fear was better.
Only two people quit rather than sign contracts. I had already identified one of them as someone who I would likely fire in the next couple of months anyway so he was no loss. The other guy was competent, but I had a younger guy that could take his place who was smarter, so that wouldn't hurt either. I didn't hire replacements but rather their workload was absorbed by others after my reorganization.