Smart thinking in a nego bags multi million deal

Nation building via learning and being the best in business

This post was inspired by a post regarding a multi millionaire who saw an old building but did not focus on the property deal but what he can do with this.    There was this $50 million property and he had no $ to buy this on usual deal of making a down payment, going to bank and borrowing the balance.    He made a $200,000 option up front which would be  a rental, if after 3 months he does not have a deal.   So he sold the idea of a membership to prestigious club with the house a palatial one for $5,000 each to only 1,000 members,    

So we got two deals both worth 9 numbers controlling the property, with but P400,000.   We yet to make the whole works work   But its the same.  The team should work hard and organize to generate the 9 numbers become a reality.   We got P400,000 forfeiture if things dont work out 

Why are so many flocking to retail business despite high closure rate in US, and very thin margins

Nation building via learning and being the best in business

This post is wondering why in the Phl so many entrants are in the retail business despite record closures in the US.  Even Walmart the largest, Costco are experiencing decline (mainly in California due to very high inventory shrinkage due to the change in the treatment of the law of shoplifting

We see many entrants, Save, Dali, Family Mart, and so many more in the provinces. 

We have seen this as our retail firm closed due to the same reasons.  Thin margins shoplifting electricity cost, and high rental

We understand that one of the late entrants funded by ADB is in the red by billions.    Dali loses P3.26 billion in the last 3 years

It is not rational, it does not jibe with the math?