As former Employee mindset napakahirap para sa akin magtransform to become entreprenuer but Eto yung hinding hindi ko malilimutan na story na kung saan nagbukas nang isipan ko sa mundo nang negosyo watch this video to learn more
“Once upon a time there was this quaint little village.
It was a great place to live except for one problem.
The village had no water unless it rained.
To solve this problem once and for all,
the village elders asked contractors to submit bids
Two people volunteered to take on the task,
and the elders awarded the contract to both of them.
They felt that a little competition would
keep prices low and ensure a backup supply of water.
“The first person who won the contract, Ed, immediately ran out,
bought two galvanized steel buckets and began running back
and forth to the lake which was a mile away.
He immediately began making money as he labored morning to dusk,
hauling water from the lake with his two buckets.
He would empty them into the large concrete holding tank the village had built.
Each morning, he had to get up before the rest of
the village awoke to make sure there was enough water for the people.
It was hard work, but he was very happy to be
making money and for having one of the two exclusive
contracts for this business.
“The second winning contractor, Bill, disappeared for a while.
He wasn’t seen for months, which made Ed very happy,
since he had no competition.
“Instead of buying two buckets to compete with Ed,
Bill wrote a business plan, created a corporation,
found four investors, employed a president to do the work,
and returned six months later with a construction crew.
Within a year, his team had built a large-volume stainless-steel
pipeline which connected the village to the lake.
“At the grand-opening celebration, Bill announced that
his water was cleaner than Ed’s water.
Bill knew that the villagers had complained
about the water’s lack of cleanliness.
Bill also announced that he could supply the village
with water 24 hours a day, 7 days a week.
Ed could only deliver water on weekdays because
he didn’t want to work on weekends.
Then Bill announced that he would charge
75 percent less than Ed did for this higher-quality,
more-reliable water.
The villagers cheered and immediately ran
for the faucet at the end of Bill’s pipeline.
“In order to compete, Ed immediately lowered his rates by 75 percent,
bought two more buckets, added covers to his buckets
and began hauling four buckets each trip.
In order to provide better service,
he hired his two sons to give him a hand on the night shift
and on weekends.
When his boys went off to college, he said to them,
‘Hurry back because someday this business will belong to you.’
“For some reason, his two sons never returned.
Eventually, Ed had employees and union problems.
The union demanded higher wages and better benefits
and wanted its members to only haul one bucket
at a time.
“Meanwhile, Bill realized that if this village needed water,
then other villages must need water too.
He rewrote his business plan and
went off to sell his high-speed, high-volume, low-cost, clean-water
delivery system to villages throughout the world. He only makes a
penny per bucket of water delivered, but he delivers billions of
buckets of water every day.
Whether he works or not, billions of
people consume billions of buckets of water, and all that money pours
into his bank account.
Bill developed a pipeline to deliver money to
himself, as well as water to the villages.
“Bill lived happily ever after. Ed worked hard for the rest of his
life and had financial problems forever after. The end.”
in order to accelerate your income you need to build a pipeline like bill doing
so ask your self now
“Am I building a pipeline or hauling buckets?”
“Am I working hard, or am I working smart?”
it was your choice do you want bill or ed?
Actually parehong gumamit nang LEVERAGE si bill at ed
but may pagkakaiba yung ginawa nung dalawa
1.building pipeline was not easy because you need to learn a lot
but building pipeline is working smart
2.hauling bucket still not easy because it is more on working hard
but still they do the LEVERAGE
There are 2 types of using LEVERAGE
one is manual LEVERAGE like ED doing
two is automated LEVERAGE like BILL doing
This Story was credited from the book Rich Dad Poor dad
author by Robert Kiyosaki
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