Showing posts with label failing. Show all posts
Showing posts with label failing. Show all posts

Wednesday, July 2, 2025

Saving a failed bankrupt billionaire

Be better than before, than yesterday...

A bankrupt failed billionaire was about to jump off a bridge amidst bankruptcy and failed businesses.   The only way out was suicide.

So his friend, another billionaire offered help.  He offered a mountain side + $1B to be able to recover.

So he asked, "  How will you turn around and recover?"

The failed billionaire:   " Have a livestock farm"

Assisting billionaire:   "  Not even $2 billion rescue fund will be enough"

Here is my idea:

1.  Build a temple at the mountain top, build roads and infrastructure

2.  Invite scholars to go to the temple and conduct a contest and offer huge prizes so that the soc media will take note

3.  Collect $100 as entrance fee

4.  If there a 100,000 visitors, you will generate $10,000,000

5.  Better still, partner with a transportation company to transport visitors from further down the mountain for a partnership:  50 - 50 or 60 - 40

LESSONS:

1. Suicide running away from a problem is not a solution
2.  Be different in approaching problems or starting a busness enterprise
3.  Be audacious and restart with energy

Saw somewhere at a social media: story how a failing resto was turned around by a fertile mindset

Be better than before, than yesterday...

A rich expanding mindset, employing reverse thinking can turn around a failing business and make money for the owners.  After all, capital is not money.  It is from capito - head that makes money.  A thinking fertile mind know how to source money and create more.  

There was story and this was gleaned from Mashabook Success Strategies that tells of the boss and his assistant who just got from a seminar in BGC.  The boss asks the assistant what her desire were:  to get a LV bag worth P300,000 and a car.  The boss said he would nt do that.  May be he will give her a business.  

So they stopped by a Korean restaurant that does not have much traffic.  So the boss asks the owner how much would he sell the failing Korean restaurant.  The latter said P1.8 million    So the boss proposed a deal;    How about giving you an option money for P300,000 (the money for the LV bag)  and we try the business for one month    If it is good we continue and fulfill the P1.8 million purchase price;   if not we forfeit the P300,000 and consider it a rent .  The Korean resto owner agreed it being seemingly a perfect risk free deal.    

The boss said to the assistant.  Now you own the resto.    But follow what I say.  The assistant panicked:  how will I able to pay the remaining P1,500,000?

1.  Tomorrow, place this ad announcement:   "  Free soju that you can carry with one hand."  

2.  Free soju some more for those who will publish this on tiktok instagram  or FB;   they can bring their friends.

3.  Soon the resto was buzzing with activity with those availing of free soju promo

The next problem:  what if the prospects just availed of the free soju?