7 classic philosophies in business through practical interesting lessons deeply

in #life6 years ago

Here are the simple but vital business philosophies of business, all rooted in life but sometimes we do not recognize it.

  1. Buy watermelon

A child holding the amount of 3,000 to the garden to buy. Farmers selling melon found little money so they wanted to get rid of the boy by pointing at the small watermelon, saying, "3000 dollars can only buy a small melon over there," the child immediately agreed, and give the money to the old man. The seller of the watermelon was surprised to ask: "This melon is not yet ripe, what kind of eat it?" The child said, "I paid for it, so the melon belonged to me, until it was ripe and I would get it."

  1. Business Definition

The boy said to the girl, "You are the best, I promise to bring happiness to you" - This is the form of sales.

The boy said to her, "My father has three houses, if you marry me in the future they are mine." - This is a promotion.

The basic boy did not say what his heart to the girl, but the girl was fascinated by the temperament and style of the guy. - This is marketing.

The girl does not know this guy, but all her friends give endless praise to the guy. - This is the brand.

  1. From the sentence: "No food in the world is free"

This is the first famous statement released by Friedman economist. Its original meaning is that even if you do not have to pay for the meal, you still have to pay the price. Because when you eat this meal, that time you can use to do other things. For example, a $ 1 million business negotiation, so that you spend this time eating a meal, which means losing some value. This is the concept of opportunity cost, did you know that before?

  1. Taxation for the poor

In economics there is a theory called "tax for the poor", most typical is that most lottery ticket purchasers are poor (just the majority, expect people who buy lottery to not center). This is in their tolerance and affordability, which is also a rare opportunity for them to increase their real estate. But the probability of winning is very small, after a long time, the river has to flow, the amount is small, this is considered a whole tax voluntary submission ...

  1. What is a bank investment?

There is a rookie in the field of investment banking: "What is a bank investment?"

The senior in the industry pulled out some broken fruit and asked him: "How do you intend to sell these fruits?" The rookie thought for a long time, "I will deal with them by reducing the market price to handle them." The old man shook his head and picked up a fruit knife, peeled and cut pieces, cut off the broken parts, making it a beautiful fruit plate: "If you do this, you can Its price is many times higher than the market price. "

  1. Economic Sentiment

If you have 6 apples, do not eat them. Because of that you can only enjoy the taste of an apple. But if you take the other five and distribute it to others, you will receive the friendship and goodwill of five different people. Even in the future you will get more. When people have other fruits, they will also share with you. People need to learn to use what they have in exchange for something more important and richer to themselves. So "renounce" is also a kind of wisdom, "sharing" is a virtue.

  1. Double interest in economics

Give you two choices:

Option 1: Today gives you $ 1 billion in cash.

Option 2: Today gives you $ 1, and the next 30 days will give you 100% interest ($ 1, $ 2, $ 4, $ 8 ... double every day).

What would you choose? There are many people who will choose Option 1. But if you know the outcome of Option 2 is $ 2 billion 147 million, what would you think? This story told us that, do not expect wealth through one night, though you have to start with a very low figure of just "1 dollar". But just every day you work a little harder, one day progress a bit, you will be able to create an unexpected miracle.

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