Business minded people have eyes of observation which can see the business opportunities in every situation. But there are many unknown parameters affect to the business which took them to the top of the success ladder or in deep failure.
Tea stall (in a slang way we called "Tapari") outside my office provides wonderful tea with all Garam Masala and ginger. But it seems that his business is limited and not creating worthy revenue. On the similar side, our office has average kind of canteen. Our office canteen is not providing a quality food as well as tea. But the company is paying for all employees; everybody insists to take the tea from office canteen only despite the tea quality is bad.
Few days back, all of a sudden our management has decided that the employee has to bear their own cost for the food. This has made a drastic change. Everybody has realized the need for the quality, as the money is now going from their own pockets. So they felt that if they are paying then the quality matters. So, everybody shifted to that Tapariwala for the Masala Tea and Maggie. And, immediately that Tapariwala's business shoots up. That canteen wala got a tight slap on his chick and realized that he was earning just because of the employer was paying. No employee was actually interested in his degraded tea and other unhygienic food items. So, due to his degraded quality, he has reported a loss in his business.
Now that, Tapariwala is also thinking to extend his business to meet the requirement. I also appreciate Tapariwala's ethics that he didn't change the price of tea even though the demand has increased tremendously.
In the business clouds, when and which parameters change suddenly we never know. We just keep following the path of ethics and provide the good quality products even if the revenue earning is less initially.
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