Something about Blue: Blue ocean ideas, Blue chips & Blue Chip companies

Ndifreke Anwanakak
Sep 5, 2018 · 2 min read

It feels good to be associated with the color blue, blue ocean ideas gives a company access to an uncontested market with the potential of rapid growth. Blue chips at casinos are tokens which represents a significant amount of money or points; a chip of a specific, high denomination. Blue chips are used as the highest denomination in games. Blue usually portrays prestige, little wonder companies doing well globally are regarded to as blue chip companies. Everyone shows them respect , especially since they have been around for decades. They are in the position to command favors and make decisions to their advantage. This is the case of Blue chip companies in every economy. Their stocks rise even when the economy is bad and if it may go down it does so slowly that investors can take out their money without losing totally. Investors love doing business with such organizations because such transactions would be regarded as low risk. They have the leverage to demand low interest rates from banks. This is due to their powerful delivery over their years of existence.

Blue Chips

Working for a blue chip company in a society would elevate an individual’s status, such individual would be regarded as the real deal among their peers. Blue chip companies also engages with Small Medium Businesses in their location to supply goods and services to them. So the same could be said for small medium businesses doing business with them, one thing you are assured is that payment would surely come and since Blue chip companies transact in volumes, their requests are usually large. The margins for the small medium businesses doing transactions with them are usually reasonable most times. For a small medium business that recently started transacting with a blue chip company it’s all fun and joy but as time goes on there would be nothing more pleasurable to that small business as an invoice delivered and payments received for that invoice on the same day as that may never be the case.

Blue Chip companies are known to bargain credit payments that most small medium businesses have to agree to. This is because of the fear of another small medium business taking away the contract. The advantage of playing in the big league are just numerous. They are highly desired that even banks make presentations to them to win their accounts for the next year cycle. It feels good to be playing in the big league, whatever you do think big, dream big and be BLUE.

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