Every week I get asked questions about investing.
And every week I deal with people have spent years trying to develop their own systems.
And I have to explain to them.
"Great? I like what you have done. But its called (insert here). Its already been done. I'm sorry to tell everyone but every single system that you come up with, is already there. I am glad they tried something and see what they are trying to do. I then show them other systems similar and all the bugs worked out and the pro's and cons of the system. You don't have to spend years trying to figure it out for yourself.
Now you may be the exception and come up with a brilliant idea. But so what?
My mum makes the greatest hamburgers in the world. Everyone tells her to open a shop they need to be shared with the world. She has no business skills she doesn't want to spend all her life doing paper work, renting premises and hiring staff. She cant work all the hours and she does not want to make hamburgers all day, everyday.
Now McDonalds they really make the worst hamburgers i have ever tasted in the world. They have a basic system that can be easily replicated.
They really know how to market their brand and image.
So The question was asked “Can you personally make a better hamburger then McDonald’s?”
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So far 100% of the people I have talked with have talked with about their new idea have said “yes”. They can all prepare, cook, and serve a better quality hamburger then McDonald’s.
At this point , I ask them the next question: “Can you personally build a better business system than McDonald’s?
Now alot of people have bragged and said they came up with the idea for Facebook.
Yeah I had that thought years ago. I thought. Wouldn't it be cool to have a site where our group of friends had their own page, Now we all left school and moved away where we can catch up and tell l everyone what we are doing. Or where all our family can connect to mum dad grandma etc. Or a bunch of University students want to hang out online talk about gossip and get discuss todays lecture. Im sure a lot of people had one of these thoughts.
But can any of you come up with a better algorithm website skills to match Mark Zuckerberg?
Now colonel sanders Kentucky fried Chicken. His Restaurant closed down when he was 65 And had to start collecting welfare payments. Then took that welfare check and started franchising. This tells you 2 things not to put all your eggs into 1 basket and the franchising model worked better for this for the restaurant owners. And now people make a million a year buying a KFC or Mcdonalds franchise. Not trying to develop recipes start in an over saturated market.
So if you invent something you could be working for free or less then minimum wage till it pays off if at all.
Time is money. If it is already out there just pay some money a few bucks to have it all set up for you.
It may save you years of lost revenue.
Now you may be the exception and come up with a brilliant idea. But so what?
My mum makes the greatest hamburgers in the world. Everyone tells her to open a shop they need to be shared with the world. She has no business skills she doesn't want to spend all her life doing paper work, renting premises and hiring staff. She cant work all the hours and she does not want to make hamburgers all day, everyday.
Now McDonalds they really make the worst hamburgers i have ever tasted in the world. They have a basic system that can be easily replicated.
They really know how to market their brand and image.
So The question was asked “Can you personally make a better hamburger then McDonald’s?”
So far 100% of the people I have talked with have talked with about their new idea have said “yes”. They can all prepare, cook, and serve a better quality hamburger then McDonald’s.
At this point , I ask them the next question: “Can you personally build a better business system than McDonald’s?
Now alot of people have bragged and said they came up with the idea for Facebook.
Yeah I had that thought years ago. I thought. Wouldn't it be cool to have a site where our group of friends had their own page, Now we all left school and moved away where we can catch up and tell l everyone what we are doing. Or where all our family can connect to mum dad grandma etc. Or a bunch of University students want to hang out online talk about gossip and get discuss todays lecture. Im sure a lot of people had one of these thoughts.
But can any of you come up with a better algorithm website skills to match Mark Zuckerberg?
Now colonel sanders Kentucky fried Chicken. His Restaurant closed down when he was 65 And had to start collecting welfare payments. Then took that welfare check and started franchising. This tells you 2 things not to put all your eggs into 1 basket and the franchising model worked better for this for the restaurant owners. And now people make a million a year buying a KFC or Mcdonalds franchise. Not trying to develop recipes start in an over saturated market.
So if you invent something you could be working for free or less then minimum wage till it pays off if at all.
Time is money. If it is already out there just pay some money a few bucks to have it all set up for you.
It may save you years of lost revenue.
Mark Anastasi Facebook Millionaire System
Homestudy Dvd That Reveals The Step-by-step System Used By Mark Anastasi To Make Millions On Dollars On Facebook.
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