When there is demand, there is always supply. Its just a matter of whether the supplier provides value in offering what people need and want. Thats the way the world is and will always be. I remembered Jaz Lai mentioning in one of his emails about California Gold Rush 2-3 years back. In that story, everyone wants to dig gold. But in order to do so smoothly, they need to buy tools. So everyone goes to that supplier. In the end what happens? Nobody or hardly anybody discovers gold. The only person who benefits the most and gets gold in the end is the supplier. Why? Because he is the one that everyone goes to and pays $ because of the value he provides in those tools he is selling. Everyone needs them to dig gold. Likewise in the modern world casino, everyone goes to gamble. Some win big while others lose or never even win once before But in the end, who is the greatest beneficiency? The casino owner who uses the wealth to create more job opportunities in return considering that more people go there to gamble. So what is the moral of this story post? BE the person who delivers value as in offering what people needs and wants. Instead of digging or going for $ like everybody else.
Posted on: Thu, 16 Jan 2014 07:09:32 +0000
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