Lateral Thinking For Creating Income

I read an article on CNN Money about white collar workers being affected by the downturn. Kevin Rigsby was a former district service manager with Circuit City and when CC closed down, he was out of a job. But Rigsby bought a small mobile franchise that sells power tools to independent repair shops, auto dealerships and industrial manufacturer.

Rigsby says, “Just because you’ve been selling electronics before doesn’t mean you can’t learn to sell something else,”

The point is to re-tool yourself! Although this downturn accelerated the demise of certain jobs, it has been happening for quite some time. Stock brokers, travel agents and real estate are going the way of the dinosaur because they were just middle man in many instances. (Some of the above agents have changed and are doing quite well)

Lateral-Thinking-1

Question : Can you join all the black dots above with just 3 straight lines?

But to change everything at the same time is too expensive, too difficult and the risk of failure is high. To make smaller changes gives you a better chance of success.

I remember my senior who mentioned this. Use the same old idea for new people or use new ideas for old people. So now, let’s say you have

  • employed staff, you can change what they do,
  • same customers, you can change what you sell them,
  • keep your machines, but make something else (sometimes not possible)
  • keep your products, but sell them in another industry, another country, another way.

Here is the answer. By the way, there are other solutions to join the 9 dots with just 1 line! Just think out of your box.

Lateral-Thinking

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One Response to Lateral Thinking For Creating Income

  1. mr.norvel mooney says:

    thanks! god blesss.

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