Monday, September 18, 2017
Why Business Positioning is Critical to success?
Thoughts from Grant Cardone (on who is he, please click here) ,
I can promise you that will not get rich by skipping your daily latte. Look, if you don't have income then there is no money to save. Don't let anyone give you the idea that you need to skip your Starbucks coffee and save $3 a day and that will somehow turn into a fortune.
You can skip your $5 Starbucks every day and save $10,000 over the next five years, but if you think $10,000 is going to change your life, you're not just broke, you're being silly. Of course you should spend less than you earn, but if you make $50,000 a year with a couple of kids, what money is there left over to save?
If you are serious about getting rich, you need to get your mind focused on income. Increase your income enough and you will be able to save something substantial.
Thoughts about Business Positioning.
Are you in the right place, right time? Able to capitalise it? Your energy and time is a commodity. Anyone and everyone has them. It is how you use it by strategically positioning yourself to capitalize on emerging opportunity.
How much do you think a Coke sells in :
Position One: School?
Position Two: Restaurant?
Exactly identical commodity drink, but different position. Possibly a can of coke is RM2.00 in school but RM18.00++ in high end restaurant.
It is not how hard you work that counts, but where you divert your energy. Choosing the right platform is critical to success.
Thus, the golden question is are you increasing your income using the right platform?
You don't need to go far or wait 10 years to find out the answers (the hard way). Look at your seniors, have they got time and financial comfort? Tough to find such ones.
Can you increase your income from your current position? Many accounting professionals do freelance accounting work or GrabCar. Well, that is a start.
But you need to be extremely good in something that adds value to people. What kind of industries are very suitable? A lot. If you open your eyes.
Well, that could be another article.
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