Sunday, February 1, 2026

Does buying trucks, equipment, even plants make you a businessman

Every generation needs a revolution - an entrepreneurial revolution





Managing a system

In this video, a worker dreamt of buying his own tools and truck so that he becomes self employed.    But the billionaire saw him and advised him that doing so will limit his ability to become rich.  He is limited by his physical self and its better for him to think of system and management so that he can hire other contractors, not lift a hammer and earn more.  It is about managing a system, getting contracts, and getting the profits

So being technically minded knowing how to repair assemble does not make you businessman, but being able to organize all factors:  finance production, marketing can make you rich.

Friday, December 26, 2025

Tips by Chinese, KPI for business. So easy to remember

Every generation needs a revolution - an entrepreneurial revolution




From FB

0 “BLOOD-AND-BONE” CALCULATIONS OF THE CHINESE BUSINESS MINDSET

Chinese business owners don’t rely on theory or gut feelings.
They rely on simple, brutally practical calculations to make sure they survive first — and profit later.
These are 10 numbers they calculate again and again every day
— and every serious business owner must memorize them.

⚠️ SURVIVAL CALCULATIONS
1️⃣ Break-even Point
👉 “How many bowls, cups, or orders must I sell each day to start making money?”
This number decides whether a business lives or dies.
2️⃣ Cash Flow
👉 “Is the cash on hand enough to pay rent, salaries, and suppliers next month?”
Chinese business owners are obsessed with cash flow.
Paper profits mean nothing without real cash in the drawer.

💰 PROFIT OPTIMIZATION CALCULATIONS
3️⃣ Gross Profit Margin
👉 After raw materials, how much percentage is left?
Too low = prices too cheap or costs too high.
4️⃣ Food Cost Percentage
👉 For F&B, the “golden range” is 25–35%.
Above that, profits are being eaten away.
5️⃣ Labor Cost Percentage
👉 Should stay under 20–25% of revenue.
Go beyond that, and the system becomes bloated — profits disappear.

🧠 MANAGEMENT CALCULATIONS
6️⃣ Revenue per Square Meter
👉 Is your space generating money or just taking up rent?
7️⃣ Table Turnover Rate
👉 How many customers does one table serve per day?
Higher turnover = higher efficiency.

👥 CUSTOMER-BASED CALCULATIONS
8️⃣ Average Order Value (AOV)
👉 How much does each customer spend on average?
Increase AOV = higher profit without more customers.
9️⃣ Customer Acquisition Cost (CAC)
👉 How much marketing money is needed to get one new customer?
🔟 Customer Retention Rate
👉 What percentage of customers come back?
Chinese businesses treat repeat customers as living assets.

🔑 CORE LESSON
Business is not emotional.
Behind the Chinese “owner mindset”
is an obsession with survival numbers.

No fancy degrees required —
just absolute mastery of these core calculations.

👉 Whoever controls the numbers, controls the fate of the business.

📘 THE PRACTICAL SOLUTION FOR BUSINESS OWNERS
All of these critical metrics are clearly explained in the book:
“10 Indexes That Determine the Fate of a Business”
✔️ Simple, not academic
✔️ No accounting background needed
✔️ Designed for shop owners, cafés, small and growing businesses

This book helps you:
Understand gross profit and net profit correctly
Know your real break-even point
Detect where money is leaking
Make decisions based on data, not intuition

📌 Many readers have escaped losses simply by understanding the right numbe

Jamie Dimon, head of JP Morgan, US largest bank was also fired just like Jobs and Musk from his job while at CITI

Every generation needs a revolution - an entrepreneurial revolution

It seems that great CEO billionaires at one time or another was fired as   CEO in former job to mention Steve Jobs and Ellon Musk  (I too was fired by my siblings in company I founded)  Jamie Dimon was also fired by former boss Sandy Weill for not giving plum assignment to latter's daughter (nepotism)

The bitter lesson from the firing gives one 2x determination and clearer thinking to rise and go forward even harder.   It makes you stronger and grimmer and determined.