One of my blog posts fans invited me to his company – a nursery school. He has done great for himself. As of 2019-year end, he had 180 children. With school fees at Ugx. 600,000 per month – not Term – but monthly, that is over Ugx. 108m monthly! A daycare center is not an easy business. The children require a lot of attention and care. And parents are picky. They pay a price because they expect high-quality service. Accordingly, a Nursery has a high operating costs structure –a cost-income ratio of over 70%. To run a successful Nursery the…
#Mindspark 3: Read new books to transform your life
In Mindspark 2, you categorized your opportunities and challenges. You formulated the most pressing strategic issue. Two people shared their strategic challenges. “Lack of money due to lack of a well-paying job.” “Miserable life because of a bad choice of a marriage partner.” I want to recommend you to read the book, “Playing ToWin.” Get a copy of the book here, and buy Amazon Kindle for a great experience. Or read an article summary of thebook here. I recommend you make this your #1 must-read book in 2020. My approach to strategy is informed by ten books, including Playing To…