Have you ever think of doing a business to make more money? What business should you do? Which one makes more money? You may think of many ideas to do a business. Anyway, in reality, the capital is always limited. When you try out one business, you may not able to try another one. If first business fails, you may lose your money. Therefore, it is important to try out business with minimum risk at the first time. Accumulate a first pot of gold before go further.
If you observe around you will see there are some business which is so successful. They are making a lot of money. Some are big businesses. Some are small businesses. When there is a successful restaurant at one street, it means another business opportunity. In short period of time, you will see another restaurant open at the same street. If not, you will see the businesses with same customer target appear at the same street such as coffee house and beer bar. This is a simple way to try a business with minimum risk. Copy and paste is much easier than think and risk, isn’t it? Some people say that this is copycat’s work. But who care? As long as you make money!
Do you know what is reverse engineering? We have gone through an era where copy and paste thing can be better than original thing. There was a time when inventor spends a lot of time and money to invent a product. Some people will buy that product and open it to see what inside. After that, copy that engineering formula and make it better. It reduces the trial and error cost. At the same time, it enhances the successful rate. Add some values or innovative elements to the copy and paste thing and it will become yours. Save the money for research and make more money by adding value.
There is also an interesting phrase with is value engineering. You open the product and see what material is used inside. After that, you cut down the cost to produce that product. You can find alternative material which is cheaper, eliminate non-value added components and combine 2 or more components with 1 component. You can make more money by saving cost.
When it comes to writing thesis in university or college, we had been taught to do some research and write our own idea. Copy and paste is strictly not allowed. When it comes to make money, you can see a lot of copy and paste examples. For example, everybody knows that Nescafe is famous for its high quality coffee drink. When you go to shopping center, you will see another coffee drink which is so similar to Nescafe. The packaging of the other coffee drink is using the same color and some font size of words. If you do not look carefully, you will take the wrong one. In theory, we should not copy and paste. In practice, we copy and paste a lot. When it comes to make money, even a Master in Business Administration (MBA) CEO will also copy and paste other people’s idea.
When reverse engineering and value engineering mix together with business, it becomes money face engineering. Do not agree with the phrase of money face engineering? If you do not believe, go to the company which emphasizes reverse engineering and value engineering, you can see the senior managements there are all money face one. If you still do not agree with the phrase of money face engineering or you have better phrase, you are welcome to add your comment to this post.
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