“I can not!”
“I can not” or “We can not” I must admit, frustrate me. I was at early age taught that there is always at least two possible solutions to a problem in life. You have a choice. You have also the choice to choose to look for an alternative.
Todays “Harvard Business Review” has that sentiment as the most important factor to success.
Instead of “We have tried that before” or “It will never work” the right question is “How can we ….”.
The article can be read at this link.
That was what I did when I created my offer to miners. “How can we assist the miners?”.
First of all they should get full paid for their hard work. Why not let them sell at LBMA prices?
I had just passed a hard Due Diligence process at my refinery in UAE. Why not then assist the sellers in their application process? Well, I have to make my living too so I added another service to this. I got the approval from the refinery on my “Cooperation agreement”.
The reason why I choose this refinery was that it is easy to deliver gold to them whithout being present in UAE. The refinery takes care off the customs clearance, the secure tarnsport to the refinery, at the arrival they test the gold and the gold is added to my gold account directly after this first assay. Then I can choose to sell gold by myself or even better let the refinery sell the gold on commission at LBMA. No reason to look for buyers of my gold. The refinery guarantees through their network of buyers that I will get paid. The best is I can do it from anywhere in the world.
So as i saw these advantages I also realized that I have to offer additional services. I know the banking system in Sweden. The Swedish banks are the most secure and safe banks in the world. The legal system is working for everyone and the costs of using the Swedish banks are very low. This goes especially when you compare with African banks.
To open a LC from a Swedish bank in any currency is easy.
The same goes with to start a Swedish company.
Anyhow, the conclusion is if I had said “I can not!” then you would not had the possibility to get full payment of the gold.
I look forward to the comments on this article
