It was all innocent at first. Freddy borrowing money ($1,000) from Dr. Peter to start a sub shop. Try as he did, Freddy couldn’t make it work. Maybe two would work instead of one? So Freddy labored all day and all night to become the quintessential entrepreneur. But just as one didn’t work, two didn’t work. Just like throwing your last wad of cash onto a single number at the roullette wheel, Freddy opened a third store. Voila! It worked. Three was a charm! After a number of years, Freddy knew there had to be a better way. The hours were too long, payroll was tough and working to manage the whole mess was a juggling act at best.
So Freddy learned about the most lucrative business model ever conjured up by man – where you could use other people’s money to grow your business! It’s called FRANCHISING! So it was in 1974 that Freddy moved over to the dark side. On the shirt tails of Ray K, Freddy started selling franchises to any and all who would show. He especially loved immigrants who were entering the country with their life savings. Freddy never told them his model wouldn’t work for just one store. But then, Freddy wasn’t running sandwich shops, he was selling franchises. And should they figure it out, he could sell them more. The ones that didn’t, could be sold to new marks.
Interestingly, the Reagan administration relieved the entrepreneurial establishment from common law and allowed arbitration to be the governing entity. This gave Freddy and his band of merry con men the final authority on any and all contract negotiation and interpretation. If things went wrong, the arbitration firm could be paid off. And God forbid anyone sue Freddy. Should that happen, Freddy simply uses their own royalty fees and vendor kickback monies to nail their puny little pitiful sorry asses to the unemployment line. Don’t eff with Freddy or he’ll take you to the poor house in a body bag. Who needs a mafia when one can use the government and one’s own money against him!
And so you have it. The day the richest man in South Florida decided working to make a legitimate business was for the birds. Taking advantage of the unkknowing and trusting immigrant and displaced corporate schmuck is a far easier way to become a billionaire and playboy. And just remember Mr. Schaden, Freddy’s war chest makes yours look like a kindergartner’s piggy bank stash.
Bloody