Ive flown for at least 15 hours plus already and waiting for the Flying Club to schedule me to fly again. Due to some corporate problems, i'll be put on hold untill God knows... Until then, im a salesman..business mode..whatever..as long as I'm supporting myself independently, I know im on the right track.
This is a flying blog. But I guess, i was born a salesman, before i was mould into an aviator.Whatever that is, i agree without investment management skills, youre not recession proof, whateve job youre in. Its true what Robert Kiyosaki said, Financial IQ (FIQ) is the best advantage that some people have to survive just about ANYTHING.
Because FIQ is the ONE SIDED ADVANTAGE.Which means one person taking advantage of the other's ignorance.
With this advantage, any relationship made is advantageous to one side only.
ETC:
Seller Advantage is when a seller mark up the product's price without the buyer knows what is the running cost. Thus, seller gain some profit.
Another advantage is your own concept. It starts from your brain, not on a piece of paper.
In business, concept is just important. I dont mean location or shop decoration concept, but MOST important: Your business model concept.
So what is business model?
Practically, its the structure of HOW your business work. Like a mind map. You have the center of what the business is making money out of, and small branches of the description.
Now every business has one. But what makes the business is damn f*ckin profitable?
As we know:
Profit = Total Sales - Running Cost
Every business can make a huge total sales ( with the right brain ). But the real deal is the huge profit. How to get a huge profit? Simple, minimizing the running cost, and expanding networking team.
Etc:
A posh boutique can gain a monthly total sales around 50K.
Good location, good traffic, and a minimum buy of one product per customer.
BUT pays a holy shit running costs of 20K for some fancy renovations, decorations, and rental. That makes 30K of hard sweats.
Selling in small volume of quantity = Needs hard work to sell.
A simple wholesaling shop also can gain a monthly total sales of 50K.
Why so small, yet get so big?
Secretive location, small traffic, yet a minimum buy of 10 products per customer.
BUT pays a running costs of 5K. That makes 45K of cool sweats.
Selling in huge volume of quantity = Less hard work to sell. Other people help you sell it.
In another word, to gain maximum profit with minimum running cost, expand your business network. Get more and more people help you sell the products.
Next entry, I will talk WHATEVA I like. Monkeyalsocanflymeh.