Crafting a vision or a system for amassing wealth. (not academic work or paper work)

Nation building via learning and being the best in business

Is it the vision that really matters in creating a business that will succeed.  Most strategies mention VMOKRAPI.   V is for vision.   This was mentioned by  Gino Wickman    in the Book "Traction "

But street smart guys would laugh off that paradigm and insist on having a system for making money.  Vision is only for bookish, academician who receive salaries but do not know how to make money on the street.  

And that means having a sharp eye on what sells, and what customers really want and being smart enough what makes money for the firm.  Sometimes it is the ancilliary things that are not noticed that makes the most money   For instance, we were struggling on how to make an operation make money:  there were a lot of equipment, personnel and complex process needed.  But people who were doing maintenance work were said to be raking in as much as  P300,000  per month doing simple maintenance work for our customers.    We make only 1/3 as much  So we plan to integrate that service with us.  Why let outsider makes more money than us in our own territory.  

So what could be the PHP money making schemes (strategies) or systems

1. First find out what the majority of the Class DE and market  want or need if you are going for volume or   what premium services the  top tier client want (where price does not matter)   We know of a business here in Laguna making tons of money by rebuilding cps in US under insurance of $100.00 a year.     So maybe a phone is insured for 5 years yielding  $500.00 for the insurer.   The cp conks out and they rebuild for $90.00 and sells the same say for $120.00.  There could be hundreds of thousands CPs being serviced by this firm

     Where is value most created that is not being fulfilled now.  Find recurring needs and wants for 

      existing customers as maintenance agreement for computers, laptop

     

     1.  Say in gasoline stations, the  repairs, routine service such that:  quick cheap oil changes

           firm such as Rapide are sprouting.   Kasi, peripheral business lang for oil companies. Their focus

           is on oil and lubricants

     2.  Still on gasoline stations, they make more money on running the real property as free parking

           lots but as malls:   leasing front stores for groceries and fast food

     3.   Car dealers make more money on repairs and parts such that they are instructed to upsell on

            expensive parts:   ECU fuel injectors to the detriment of pockets of car owners.  Or for 

             once a lifetime battery change for an EV, or the charging stations.  

     4.  For non life insurance, the thickest market with all the floods, is AOG for cars.  (Acts of God)

     5.    The freemium model   as in Google:   free Google mail, maps, drive but make money at You

             Tube lots of it.   So you can sell P1  airline ticket for the 1st 1,000 or up to 5,000 buyers but                     make money on rest of 200,000 or so who will flood your website for such a free ridiculous                     almost free offer

     6.  Membership cards, privilege cards.   Now it is a common knowledge that frequent flyer points                 are  asset of airlines