Learn about money(Lesson 6)

FILL THE DEMAND 

Bheema understands lots of aspects of financial market and entrepreneurship,however when it comes to implementing it practically he fails frustrated bheema discontinues his financial classes and moves to meet Ram in great anger as if a stone has fallen on his head.

RAM: What happened?

BHEEMA: As if you don't know anything.

RAM: What do you mean.

BHEEMA: Explaining what happened ..........................

RAM: Oh it seems like you were doing well with my practical examples than a course

BHEEMA: Ya

RAM: OK, here after I will be guiding you as I have been guiding you earlier.

BHEEMA: That is always better

RAM: What about your vegetable business.

BHEEMA: Not well , you advised me to change the business model but I didn't that is the problem.

RAM: Not only that

BHEEMA: Then what else

RAM: You don't have enough market, the start up has accessed everything

BHEEMA : What?

RAM:  Remember what I have explained in lesson 4.

BHEEMA: Ya,so now what should I do

RAM : Look where is demand

BHEEMA: How?

RAM: Start new business,by looking at demand.

BHEEMA : Are you mad,I don't have enough money at all for my expenses

RAM: No, from where do you purchase electronic item

BHEEMA: From my neighboring town

RAM: Why?

BHEEMA: Because it is not available here

RAM: Then fill the demand

BHEEMA : Are you asking me to set up a electronics store

RAM: Yes, now a days you are better in understanding few things

BHEEMA: Will it be successful because I am in dearth of money

RAM: Do you buy an item which is available in your town from neighboring town

BHEEMA: No,why should I?

RAM: Then it will be successfull

BHEEMA: OK ,now I got it

LESSON LEARNED

ALWAYS FILL THE DEMAND MUST BE YOUR FOCUS

CREATING DEMAND IS HARD BUT FILLING DEMAND IS EASY

-TIMOTHY FERRIS