Wednesday, May 2, 2007

Know where to tap.

There is an old joke that involved a factory owner and a mechanic who was brought in to fix a problem with a machine. The owner observed the mechanic tap the machine twice and it started up. He then hands the factory owner a bill for $500. Upset over how he felt he was ripped off, the factory owner demands the mechanic give him an itemized bill to justify the expense.

The mechanic hands him back a piece of paper:
Tapping the machine: $5 per tap (two taps)
Knowing where to tap: $490

The moral of the story? Get skills. One isn't paid in business for how hard they work (number of taps), but what they know (where to tap). A key to success in business is to reduce things to as few taps as you can.

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