Someone Else’s Dime

“Why should you learn on your own money and make
mistakes that cost you money? You should learn on someone else’s
dime. That’s the easiest way to do things.” – Martin Grunder

Charles Shipman Payson transported sugar in the 1940’s on freighters. He did
it in liquid form because sugar was taxed heavily otherwise. The
problem came when the container vessels were corroding from the sugar.
The problem turned into an opportunity. He put his own money to work
and hired a couple of chemists and the result was stainless steel – a
product that has revolutionized the world.

After you find your passion, you could go out and start a business
making all the mistakes you inevitably will. However, you can do like
Payson and learn on someone else’s dime – making observations, working
problems, understanding issues. If you would love to open a
restaurant, go work for the best restaurant in the world. Or welding?
Go work for a welding shop. Todd Duncan, in High Trust Selling,
talks about the Law of the Ladder. All your present successes are a
result of past steps. Is your present circumstance helping you get
where you want to end up? Or will it take you adrift in five years?
Consider your steps that they might be leveraged. Get skills from
others who are willing to give you a job in your passion.

Published by Don Dalrymple

I grow businesses through partnerships and executive coaching. I work with partners and clients on strategy, systems, team building and growing revenue.

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