Wednesday, November 25, 2009
Life Explained by an MBA Graduate
Not long ago, there a boat docked in a tiny Mexican fishing village.
A tourist complimented the local fishermen on the quality of their fish and asked
how long it took him to catch them.
"Not very long." they answered in unison.
"Why didn't you stay out longer and catch more?" asked the tourist.
The fishermen explained that their small catches were sufficient to meet their needs and those of their families.
"But what do you do with the rest of your time?" asked again by the tourist.
"We sleep late, fish a little, play with our children, and take siestas with our wives. In the evenings, we go into the village to see our friends, have a few drinks, play the guitar, and sing a few songs. We have a full life." asked one of the fisherman.
The tourist interrupted, "I have an MBA from Harvard and I can help you! You should start by fishing longer every day. You can then sell the extra fish you catch. With the extra revenue, you can buy a bigger boat."
"And after that?" asked the fat fisherman.
"With the extra money the larger boat will bring, you can buy a second one and a third one
and so on until you have an entire fleet of trawlers. Instead of selling your fish to a middle man, you can then negotiate directly with the processing plants and maybe even open your own plant." explained the tourist.
"You can then leave this little village and move to Mexico City, Los Angeles , or even New York City !" said tourist
"From there you can direct your huge new enterprise." added the tourist.
"How long would that take?" asked the skinny fisherman.
"Twenty, perhaps twenty-five years." replied the tourist.
"And after that?" asked the fat fisherman.
"Afterwards? Well my friend, that's when it gets really interesting, " answered the tourist, laughing. "When your business gets really big, you can start buying and selling stocks and make millions!"
"Millions? Really? And after that?" asked the fishermen.
"After that you'll be able to retire, live in a tiny village near the coast, sleep late, play with your children, catch a few fish, take a siesta with your wife and spend your evenings drinking and enjoying your friends." said the tourist.
“That’s what we are doing now” Replied the fishermen
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Moral of Story
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Know what are you target in life. You may already achieve it yet not realizing it.
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Quote on Wealth
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Wealth after all is a relative thing since he that has little and wants less is richer than he that has much and wants more - Charles Caleb Colton
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