Things that are difficulty usually have a higher profit margin, things that are not so easy to do are usually not done by many, hence when you venture into the difficulty n unknown waters you are likely to make a lot of money because you will be the only one (or very few of you will be ) producing or supplying the commodity, hence you will have unrivalled supply. Take an example of farming, it is not so difficulty, n it is done by far too many hence the profit margin go without mention...another contrasting example is that of mining, we have massive n abundant mineral resourse in Zambia, but very few Zambians have fentured into mining, why? Becauese it is dofficulty, its tough, its done underground, not on the surface like farming, profit margin in the mining sector go without mention, further within the mining sector there is shallow mining n deeper mining, mostly precious stones( like emaralds n the like are mostly found near the surface, n relatively more people are involved compared to deeper seated minerals, equally diamonds n gold are much deeper than other common minerals, the same applies for crude oil, its much deeper than all the other minerals n a lot more difficult to extract than the other minerals, it goes without telling, its price, value n how many people are involved...MY ENCOURAGEMENT is if you want to succeed , be outstanding n make real money in business, of course in adddituon to all the other obvious business skills, go for the difficulty n un done, unrivaled markets n ventures. #viabasicwealthcreation#
Posted on: Tue, 23 Jul 2013 02:35:36 +0000
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