0:00The biggest scam in the world is the coffee shop.
0:02Actually, it doesn't make money by selling coffee at all.
0:04The strategy behind it is more genius than you can imagine.
0:07In manhattan, an entrepreneur opened a coffee shop
0:10and cleared over two hundred thousand dollars in a year
0:12by giving her coffee away for free.
0:14While everyone else was charging for a cup,
0:16she was handing them out. How does that make money?
0:19Listen to the play. When she opened,
0:20she made an announcement.
0:22One free cup of coffee every single day for an entire year.
0:25Not for a day, not for a month,
0:27for the whole year. And if you showed up every day,
0:30you'd get a three hundred dollar amazon gift card at the end of the year.
0:33The neighbourhood went wild.
0:34Everyone crowded in to ask how to join.
0:36She told them,
0:37just pay five dollars for a membership card and you can drink for free all year.
0:41The customers did the math.
0:42Five dollars for a year of coffee.
0:44That's seven hundred dollars in savings.
0:46They thought they were robbing her blind.
0:48But the reality was the exact opposite.
0:50With that free strategy, she signed up three thousand members instantly.
0:54That's fifteen thousand dollars in cash right there,
0:56covering her initial rent and bills.
0:58Then she set the free coffee hours from seven am to ten am.
1:01Think about it. No one just drinks a black coffee on an empty stomach.
1:04People bought a piece Of toast,
1:06a croissant or a juice. On average,
1:08every customer spend an extra three dollars per visit.
1:11That's ninety dollars a month per person,
1:13or over a thousand dollars a year.
1:14Even after the three hundred dollar gift card,
1:17she was netting seven hundred dollars in pure profit per member.
1:19With three thousand members,
1:21she was easily clearing over a million dollars.
1:23But the story doesn't end there.
1:25A month later, she gets a call.
1:26A deep voice says, I like your brain.
1:28I'm the biggest real estate tycoon in the city.
1:30Let's talk. They met at a luxury restaurant.
1:33The tycoon said, the market is brutal.
1:35How do I make my project explode overnight?
1:38She took a sip of her coffee and said, simple.
1:40If you're selling a house,
1:41you have to make the buyer feel like they're losing money if they don't buy it.
1:44Step one scarcity.
1:46She told him to announce a zero dollar reservation list.
1:49The first one hundred people only had to pay a small,
1:51fully refundable deposit to lock in an insider discount.
1:54This created instant panic.
1:56Everyone rushed to get on the list.
1:57Step two gamification.
1:59Every person who reserved a spot got to spin a lucky wheel.
2:02Prizes range from appliances to fifty percent off the down payment.
2:05Even the worst prize was a useful home appliance.
2:08No one wanted to walk away.
2:10Step three viral growth.
2:11Anyone who reserved a spot could invite a friend.
2:14If the friend joined both Got an extra discount.
2:16The project went viral overnight.
2:18On opening day,
2:19the sales centre was packed and every single unit sold out in hours.
2:22The tycoon was stunned. You're sharper than any marketing expert i've ever hired.
2:26Where did you learn to think like this?
2:28Linda replied. Ever since I was a kid,
2:30my parents made me read books on strategy and human nature.
2:33That's when I realised the most powerful thing in the world isn't money or power,
2:37it's mindset. Wealth comes from strategy,
2:39not just sweat. It comes from seeing the big picture
2:42while everyone else is staring at the ground.
2:44Powerful minds create powerful people.
2:46Successful parents don't just teach their kids to study,
2:48they teach them strategy and street smarts.
2:50From day one, they know the world is a jungle.
2:53If you only teach your kids to be obedient and hard working,
2:56but their mindset stays poor,
2:57you're sending them out as prey.
2:59Stop only teaching your kids to be obedient.
3:01If I could go back and walk my child through elementary school again,
3:04I wouldn't waste a second on piano or painting classes.
3:07For a regular kid, learning E Q.
3:09And social strategy is what actually guarantees a successful life.
3:12If you want to raise a child who is sharp and understands how people work,
3:16I recommend the series raise children street smarts before they turn fifteen.
3:20Kids actually love these books because they're comics.
3:22You just leave them on the table and they'll Finish them on their own.
3:25Kids who read this book know what to do if they're framed.
3:28They know how to handle toxic friends.
3:30They know how to use other people's strengths to get things done.
3:32These are the life truths
3:33that most kids only learn after they've already been hurt.
3:36Don't wait for your kid to fall down
3:37before you teach them how to walk in the real world.
3:40Click the orange shopping cart below to check out this set.
3:43Give your kids the advantage they actually need.
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