Pirate Business Plan

NPR has done a splendid piece on the a ‘typical’ pirate business plan based on a negotiation encounter.

Step 1: Secure venture funding.

Step 2: Procure operating capital in the form of staff (pirates), weaponry, and a ship.

Step 3: Catch a passing ship.

Step 4: Negotiate the ‘sale’ of the hostages to an interested party.

Step 5: Distribute the earnings to the staff, management, and investors. (These pirates use timesheets)

Step 6: Go home and drink rum, Arrrg.