Funny business management story" The Horse & The Goat
Interesting and insightful corporate lessons.
The secret to survival in our corporate world is …
"Other deductions can still be made, even if the employee will receive less than 60% of their net pay. So, the net pay could be zero, and it could still be legal."
"Maybe", she pondered, "but would it be ethical?"
"Ethics is a matter of opinion", he responded, "Commerce or Countries don't run on opinion".
"And what if the other guard also demanded as much?" asked Rosh.
"Then I would have gone away again and returned another day," answered Josh, "and kept doing it, until I found a guard who let me in without having to pay a bribe."
"At least you know now," Isha smiled benignly at them, "that you will both be getting something."
"I will give who I wish, what I wish, when I wish," Rosh stopped her in her tracks. "Without having to be fair to the other. I may also choose not to give anything at all to anyone. Remember that."
She sought the help of another guard instead. But when he learnt more of the task required, he refused too.
Guards spoke to other guards. Attendants mentioned it to other attendants. News spread in the palace like wildfire.
Business Story: Monkeys, Goats And Markets
Minimize risk, whether you’re buying good, bad or overpriced shares.
Fable on money management & stock buying skills
Once upon a time in a village, a man appeared who announced to the villagers that he wanted to buy monkeys.
He offered to pay a silver coin for each monkey.
Hosh laughed. He knew that frogs were raunchy.
“The dumb shit didn't think," continued Josh, "about what would happen to him, or to his family if he fell from the Eiffel Tower and died. He tried climbing Mount Improbable."
“So it is the day starting from January 1 in any year, when the average citizen stops working for their Government and starts earning for themselves."
"Because it is a calculated day, it falls on different days in different countries.”
If you overvalue your work, the world will likely step in to knock down your price.
But if you undercharge yourself, it's unlikely that the world will step in to compensate you appropriately.
You can’t rely on others to value you correctly. It is not in their best interests to do so.
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