"Go forth and multiply"
If you are a businessman, (ie earning for yourself, not employed) you cant scale up. You must scale up, and neither can you scale up yourself and/your time because they are finite. The only way is to multiply yourself via other people (OPL other peoples labor)
Always the key to mastery of business is mastery of self, ie, self improvement
Once a businessman rode a taxi from airport to his hotel. And asked him how much he makes in an ordinary day. The later answered about $800.00.
"What routes would be most profitable and why?"
Ans: " Trips like this to the airport which takes in about $1,000.00. "
Why dont you take in more airport passengers to and from the hotel.
Ans; " I dont know how"
Businessman: "This is what you can do. Talk to hotel or airport staff and give your phone number. Say that for every referral to you airport to hotel and vice versa passenger, you give him/her 5% commission. Within the day."
"That is great But what if there are all ready other engagements and conflicts."
Ans: " Build a network of other taxi drivers. You can split revenues say 70 -30 with them. After the 5% to the referror, you still gain 25%. For 10 pax, you still get $2,500 which can net you, on top of your $800.00 per day. say 26 days in a month, $65,000 a month or $780,000 and you can be a millionaire in 2 years.
Brilliant eh.
LESSONS:
1. Great ideas abound, you only have to think and be creative
2. Dont be afraid to be mentored or ask those who are more experienced;
3. Creative and smart thinking beat hard work.
4. Others stay poor because they are stuck to routine, and or fail to think
5. Only creative, people,, entrepreneurs will.
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