The poor are poor, the rich are rich

Chapter 113 5 Don't give up the opportunity just because of the risk

Chapter 235 Don’t give up opportunities just because you take risks

Every successful businessman in the world is a "risk manager". They will not give up the once-in-a-lifetime opportunity to make money because they are afraid of risks, because risks and gains often go hand in hand.There are barbarians in danger, and there are benefits in danger.If you want to have outstanding results, you must dare to take risks.There is no perfect thing in the world, and there is no risk-free opportunity in the world. If you want to succeed, you will dare to take risks.

Once, the economy in Danville was depressed, and many factories and stores closed down. They were forced to sell their mountain of inventory at a low price. The price was as low as 1 dollar to buy 100 pairs of socks.

At that time, John?Gambos was also a small technician in a textile factory.He immediately spent the money he had saved on buying cheap goods, and people saw him openly laughed at him as a fool when they saw his stupidity.

John?Gambos was indifferent to the ridicule of others, and still bought the goods sold by various factories and shops, and rented a large warehouse to store them.

His wife persuaded him not to buy these things that others sold at a low price, because the amount of money they have saved over the years is limited, and it is going to be used for child rearing expenses.If this move loses everything, the consequences will be disastrous.

Regarding his wife's worried advice, Gambus laughed and comforted her: "After three months, we will be able to make a fortune with these cheap goods."

It seems that Gambos' words cannot be fulfilled.

After more than ten days, those factories could not find buyers even if they sold them at a low price, so they transported all their inventories away by car and burned them, so as to stabilize the prices in the market.

Seeing that others were already burning the goods, his wife became very anxious and complained about Gambus.Regarding his wife's complaints, Gambos said nothing.

Finally, the U.S. government took urgent action to stabilize prices in the Danville area and strongly supported the resumption of business there.

At this time, due to the excessive burning of goods and the shortage of stocks in Danville area, the price of goods is soaring day by day.John?Gambus immediately sold out a large amount of goods in his inventory, firstly, he made a lot of money; secondly, he stabilized the market prices and prevented them from rising rapidly.

When he decided to sell the goods, his wife advised him not to sell the goods temporarily, because the prices were still soaring day by day.

He said calmly: "It's time to sell. If you delay for a while, you will regret it."

Sure enough, as soon as Gambus's stock was sold out, prices dropped.His wife admired his vision.

Later, Gambos used the money he earned to open five department stores with a wide range of business scopes, and finally became an important business giant in the United States.

In fact, taking risks has certain risks, but if you want to be a billionaire, you must take taking risks as an important part of your life.Seizing opportunities is not an easy task, nor is it something that everyone can do if they want to.Because of this, taking risks is so important, and taking risks has the value of taking risks.Seizing opportunities is like any adventure, you must first give up the uncertain winning or losing in advance, and explore the next step that you are not sure about.

(End of this chapter)