The MODERN ways of making money
You know, everyone has their own definition of economy, the definition of business and strategies, everyone thinks differently when it comes to effective earning techniques (irrespective of bad technique or good)
Last week I attended a seminar and one of the lecturers' told a story which defined the strategy of modern business world, mostly the new REAL STATE and BANKING world, so thought of quoting it here, let's start.
"There was an old village in a remote place somewhere in sub-continent, people where very poor and they were always trying to do new things to make money, the village was located near a forest having many monkeys, life in village was on it's regular routine when the one man changed the future of village, he came up with the work for villagers, he asked villagers to bring a monkey to him and he will award them 5 bucks, people trusted him and they started working for him, soon most of the villagers adopted this as a career, as the man increased the award to 50 bucks, and it went on and on until the award reached 5000 bucks and the monkeys were almost finished from the area.
On this point the real business started, as the man saw the situation, he appointed his own undercover men to start selling the same monkeys that people brought to him on a very heavy amount like 25000 and on the other hand he he increased the award to like 27000 bucks.. this makes the villagers to buy the monkeys from his own men thinking "at least we're making 2000" and the cycle continued, making the man rich while the villagers were lost in the illusion when in real they were back to square one"
The lecturer then said "obviously the story is fake and kinda hypothetical, but if we look around we're surrounded by these businesses who are literally ripping the economic state of individual and we are not even bothered"
I think the story really clears up everything, so I don't have to say anything extra,
Okay so will meet you in the next Blog.✋
Last week I attended a seminar and one of the lecturers' told a story which defined the strategy of modern business world, mostly the new REAL STATE and BANKING world, so thought of quoting it here, let's start.
"There was an old village in a remote place somewhere in sub-continent, people where very poor and they were always trying to do new things to make money, the village was located near a forest having many monkeys, life in village was on it's regular routine when the one man changed the future of village, he came up with the work for villagers, he asked villagers to bring a monkey to him and he will award them 5 bucks, people trusted him and they started working for him, soon most of the villagers adopted this as a career, as the man increased the award to 50 bucks, and it went on and on until the award reached 5000 bucks and the monkeys were almost finished from the area.
On this point the real business started, as the man saw the situation, he appointed his own undercover men to start selling the same monkeys that people brought to him on a very heavy amount like 25000 and on the other hand he he increased the award to like 27000 bucks.. this makes the villagers to buy the monkeys from his own men thinking "at least we're making 2000" and the cycle continued, making the man rich while the villagers were lost in the illusion when in real they were back to square one"
The lecturer then said "obviously the story is fake and kinda hypothetical, but if we look around we're surrounded by these businesses who are literally ripping the economic state of individual and we are not even bothered"
I think the story really clears up everything, so I don't have to say anything extra,
Okay so will meet you in the next Blog.✋
Comments
Post a Comment