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?