Just read something which, aside from being fascinating, may provide a ‘light bulb’ moment for someone.
BT’s network has 75 million miles of copper wire. At today’s price that’s worth around £50 Billion – which is more than three times the company’s market capitalisation of around £15 Billion! So the company is worth far more in scrap value than it is for it trading and profitability potential.
Now I know the company aren’t about to throw in the Telecom’s towel and go into the scrap metal business, but that got me thinking; How many individuals and companies are sitting on big assets which they don’t really think about?
And is there a way they could capitalise on these assets outside of their regular trading activity. Perhaps it’s worth thinking about your own hidden assets. They may be more modest than BT’s, but that doesn’t mean they can’t be life changing for you.
Motivational Quote Of The Day
“When I was young I thought money was the most important thing in life; now I’m old I know it is.”
Oscar Wilde
Alternative Quote Of The Day
“Hate your job? There’s a support group for that. It’s called everybody and they meet at a bar.”
Drew Carey
3,000 Lunches A Day – And No Kitchen
A San Francisco company run by two Stanford business graduates provides lunches for over 3,000 office workers in the bay area each day, and they don’t cook or prepare a single one.
Eat Club’s secret is that they are middlemen – reaching deals with individual restaurants each day, negotiating discounts, and then delivering to their customers for a flat $7.50 a head. Nothing fancy- just three menu choices each day.
This seem like an excellent business model – let someone else invest in a restaurant, kitchens and everything else that’s needed, and then simply sell what they produce. If consumer tastes change, the company aren’t locked into one kind of food and can very quickly change supplier.
I can’t think of any reason why a business like this wouldn’t have a great chance of success in any major city – and with much lower risks and start up costs than a traditional catering operation.
Today’s National Day
NATIONAL I WANT YOU TO BE HAPPY DAY!
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