2min chapter

Maven Money Personal Finance Podcast cover image

275 - Megasode - The Greatest Hits

Maven Money Personal Finance Podcast

CHAPTER

How Long Will It Take You to Catch More Yellowfin Tuna?

A pasty American complimented a Mexican fisherman on the quality of his fish. He then asked why he didn't stay out longer to catch more fish. The Mexican said he caught enough to support the immediate needs of his family. So, what do you do with the rest of your time? A Harvard MBA told him: You could spend more time fishing and buy a bigger boat with the proceeds. With the proceeds from the bigger boat, you could buy several boats, eventually owning a fleet. Of course, you'd need to leave this small coastal fishing village and move to Mexico City, LA or New York where you would run an expanding enterprise. When the time is right, you could sell

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