Friday, March 4, 2011

A Beautiful Story on Recession

This Story is about a man who once upon a time was selling vadapav
 by the roadside.  He was illiterate, so he never read newspapers.  
He was hard of hearing, so he never listened to the radio. His eyes 
were weak, so he never watched television.  

But enthusiastically, he sold lots of vadapav. 
He was smart enough to offer some attractive
schemes to increase his sales. His sales and profit went up. He ordered
more a more raw material and buns and use to sale more.  He recruited
few more supporting staff to serve more customers.  He started offering
home deliveries. Eventually he got himself a bigger and better store. 

As his business was growing, the son, who had recently graduated from 
College, joined his father. Then something strange happened. 
The son asked, "Dad, aren't you aware of the great recession that is 
coming our way?" The father replied, "No, but tell me about it." 

The son said, "The international situation is terrible. The domestic 
situation is even worse. We should be prepared for the coming bad times."
The man thought that since his son had been to college, read the papers, 
listened to the radio and watched TV.

He ought to know and his advice should not be taken lightly. So the 
next day onwards, the father cut down the his raw material order and buns, 
took down the colourful signboard, removed all the special schemes he was
offering to the customers and was no longer as enthusiastic. 

He reduced his staff strength by giving layoffs. Very soon, fewer 
and fewer people bothered to stop at his vadapav shop. And his sales 
started coming down rapidly, same is the profit.

The father said to his son, "Son, you were right". "We are in the middle
of a recession and crisis. I am glad you warned me ahead of time."

Moral of the Story:  

It's all in your Mind And we actually Fuel this recession 
much more than we think we do

What can we take away from this story??

1. How many times we confuse intelligence with good judgment?

2. Choose your advisors carefully but use your own judgment