CRISIS IS COMING CLOSELY

 

A normal roadside tea seller with a turnover of 1.5 – 2 million/1 day. 

No ground costs. 

No staff. 

No Marketing. 

No taxes. 

Now only 300k – 400k/day. 

A guy driving a three-wheeler has a turnover of 3-4 trips a day, a day of 1.6 million in revenue. 

Similarly, after deducting expenses, gasoline, the police earn 25-30 million/1 month. 

But now I can’t find 1 trip/day. 

What to say about businesses far away. Whenever she sells bread, she sells sugarcane juice, he sells sticky rice, she sells vermicelli, it’s understandable, that’s reality.

What is the profit and loss, how the assets are,… these people totally hold. And the business is so big that the accounting department is so weak that we don’t know what we’re really like.

Keys:

1. Good marketing, great communication, but at the wrong financial time, it’s good and hard to put in effort… with good results. 

2. When revenue decreases, the cost of goods will increase and the financial structure will change immediately. 

In fact, when there is a crisis, every industry changes its cost structure, there are non-crisis industries that also change their cost structure, which is what investors don’t like about a company because the company’s value does not change. stability and weakness in asset management. 

3. Understanding financial market flows for strategic planning and asset management.

4. Asset Management = Keep the principal. 

After deducting inflation, the unstable factor still retains assets and purchasing power (a) 

+ (b) Duplicating assets, for example… 

Profit 15%/1 year compound interest is not difficult (someone) will pout), but if you keep it up for 10 years straight, it’s an effort… very difficult. 

5. In fact, you all lost 200% last year, but you made 70% profit this year, the essence is still … loss. 

Asset management is the next 10 years trend. 

Not just production and business anymore.