Be adjacent to expensive transactions. If you sell an $80,000 car and get a percentage, it could be a lot of money.
This is a quote that reminds you that if you're close to the big transactions, you can make a lot of money.
Positive Aspects
The title "Be adjacent to expensive transactions" immediately taps into a strategy that's both intriguing and actionable. It invites readers to consider positioning themselves near lucrative deals, rather than directly being a part of them. This approach is appealing because it suggests that one doesn’t always need to be the main player to benefit significantly. The content succinctly explains this concept using a clear example of selling a high-value item like an $80,000 car, which makes the idea tangible and relatable.
Key Takeaways
- Positioning is Key: Being close to high-value transactions can lead to substantial earnings, even if you're not directly selling the product.
- Indirect Involvement Can Pay Off: Earning a percentage from expensive deals can be more lucrative than direct sales of lower-value items.
- Strategic Proximity Matters: Aligning yourself with high-ticket items or industries can open doors to financial opportunities.
Additional Insights
Think of this strategy like being a real estate agent who earns a commission from the sale of a million-dollar home. You don't own the home, but you certainly benefit from its sale price! This concept can extend to various industries. For instance, consider tech consultants who work with high-end software solutions. They might not create the software, but by facilitating its implementation, they can earn a sizeable fee. So, look around your industry—where are the big transactions happening, and how can you position yourself nearby?