Option #1 is an adaptation of the story of a man fishing on a beach when approached by a businessman. This businessman is trying to convert the fisherman’s love of fishing into a business that would be all consuming; preventing him from his passion of beach fishing and spending time with his family. After a considerable amount of time and energy spent fishing from the beach, the man would, once again, have the financial ability to retire and fish on the beach “without any worries” and spend time with his family.
The story attempts to ask the following question to the reader: Why even consider the effort to strive for the financial means for a lifestyle he already has?
Based on the perimeters of the USF scenario, below is the advice I would …show more content…
If they say yes, they could achieve this by lending the money to purchase the acquired property. If that failed, I would then go to local banks and ask them for a loan. These loans could either be in one payment up front, or in multiple payments to mirror those I had promised to the land owners. I would then ask the farmer to assemble as many of the hard-working, local farmers as possible to announce our plans. To start off, Ihe would ask them to temporarily work for lower wages. Once the production and sales got to a break-even point, their income would rise to be permanently higher than the current market rate, thus allowing them to live a better, more economically enriched …show more content…
This, in turn, is a very different proposal than the original investor’s plan to donate the money as charity to the townspeople and the farmer’s friends, which I believe would result in resentment in the long term.
I would like to conclude this business model with a Chinese Proverb, which is another short fishing anecdote: “If you give a man a fish, you feed him for a day. If you teach a man to fish you can feed him for a lifetime.” Why does the farmer have to be the one to take people fishing, when people can have the opportunity to go fishing on their own boats along with having a steady income for many
The story attempts to ask the following question to the reader: Why even consider the effort to strive for the financial means for a lifestyle he already has?
Based on the perimeters of the USF scenario, below is the advice I would …show more content…
If they say yes, they could achieve this by lending the money to purchase the acquired property. If that failed, I would then go to local banks and ask them for a loan. These loans could either be in one payment up front, or in multiple payments to mirror those I had promised to the land owners. I would then ask the farmer to assemble as many of the hard-working, local farmers as possible to announce our plans. To start off, Ihe would ask them to temporarily work for lower wages. Once the production and sales got to a break-even point, their income would rise to be permanently higher than the current market rate, thus allowing them to live a better, more economically enriched …show more content…
This, in turn, is a very different proposal than the original investor’s plan to donate the money as charity to the townspeople and the farmer’s friends, which I believe would result in resentment in the long term.
I would like to conclude this business model with a Chinese Proverb, which is another short fishing anecdote: “If you give a man a fish, you feed him for a day. If you teach a man to fish you can feed him for a lifetime.” Why does the farmer have to be the one to take people fishing, when people can have the opportunity to go fishing on their own boats along with having a steady income for many