Sunday, November 21, 2010

Smartest Salesman

A keen immigrant Indian Marwadi lad applied for a salesman’s job at London ‘s premier downtown department store. In fact, it was the biggest store in the world – you could get anything there.

The boss asked him, “Have you ever been a salesman before?” “Yes sir, I was a salesman in India “, replied the lad. The boss liked the cut of him and said, “You can start tomorrow and I’ll come and see you.”

The day was long and arduous for the young man, but he got through it. And finally 6:00 PM came around. The boss duly fronted up and asked, “How many sales did you make today?” “Sir, Just ONE sale.” said the young salesman. “Only one sale?” blurted the boss. “No! No! You see here, most of my staff make 20 or 30 sales a day. “If you want to keep this job, you’d better be doing better than just one sale. By the way “How much was the sale worth?”

93300534.00 pounds” said the young Marwadi. “What”,” How did you manage that?” asked the flabbergasted boss.

“Well”, said the salesman, “This man came in and I sold him a small fish hook, then a medium hook and finally a really large hook. Then I sell him new fishing rod and some fishing gear. Then I asked him where he was going fishing and he said down the coast. So I told him he’d be needing a boat, so I took him down to the boat department and sold him that twenty-foot schooner with the twin engines. Then he said his Volkswagen probably wouldn’t be able to pull it, so I took him to our automotive department and sold him that new Deluxe 4X4 Blazer.

I then asked him where he’ll be staying, and since he had no accommodation, I took him to camping department and sold him one of those new igloo 6-sleeper camper tents. Then the guy said, while we’re at it, I should throw in about $100 worth of groceries and two cases of beer.

The boss took two steps back and asked in astonishment, “You sold all that to a guy who came in for a fish hook!!”

“No” answered the salesman, “he came in to buy a headache relief tablet and I said to him, “Sir, fishing is best headache removal”

Boss – “You sit in my chair…….

Friday, November 05, 2010

Power of Compounding

NanbargaLey,

Vaazhga VaLamudan!

UngaL Anaivarukkum Iniya Deepa OLi Thirunaal Nal VaazhththukkaL !

This DIWALI, may the SCRIP called life pay you DIVIDENDS of joy, issue a liberal BONUS of good fortune, you get all the RIGHTS to enjoy Life

Your Success reaches ALL TIME HIGHS, let there be no CORRECTION in your happiness & let the SUPPORT of our good wishes, help you cross the RESISTANCE of prosperity

Let us appreciate the 8th Wonder of the World - "Power of Compounding" and use it to the best of our efforts for each of our "FAMILY". Rather than timing the market, time in the market is what needed to make money in equity investing through Mutual Fund mode