Mastering the Art of Business: Unlocking Your Potential for Success
Maximizing Efficiency, Innovation, and Growth through Strategic Planning and Execution
Sell me this pen and provide me with a reason for buying me this pen.
This was an idea back in a movie in which Leonardo Dicaprio was the movie The Wolf of Wall Street.
When you understand how to sell the idea is very simple. Now the idea to sell someone a pen is to understand the market and give them what they want.
This is called demand and the thing is that people decide what is in demand. It is not determined what you believe should be in demand.
The market is the determiner of what product fails and doesn’t. If you understand the needs of the market it is as easy as giving candy to a child.
What specific pens would you like to have? What is the use of this type of pen? How exactly is this pen going to be made?
When you have the product and the demand giving it to the masses is simple.
In the start with little money making money is the hardest task to accomplish. Once the money comes through the door making more is easier.
This is known as the concept of leverage and how money makes more money.
Once the leverage or the money is there building wealth and creating extra streams of money becomes easier.
“The ability will never catch up with the demand for it.” Confucius
Ability is something that is always needed to improve the amount of money you make and build a life that is the life that you dream of.
“Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system.”
Paul Singer
Social Media allows us to have unlimited leverage. Using this tool not only gets attention to whatever you are selling.
This tool allows you to make relationships with your customers and even understand the demand (what they want) for a product or a service.