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	<title>Terrell Miller</title>
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		<title>The MBA and the Mexican Fisherman</title>
		<link>http://www.terrellmiller.com/mba-mexican-fisherman</link>
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		<pubDate>Wed, 20 Jan 2010 19:12:20 +0000</pubDate>
		<dc:creator>Terrell</dc:creator>
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		<guid isPermaLink="false">http://www.terrellmiller.com/?p=13</guid>
		<description><![CDATA[I&#8217;ve shared this story with many friends, colleagues, and students over the years and wanted to share it with readers of my blog.  While I&#8217;d like to give credit to the original author, I&#8217;m not sure who first published this &#8230; <a href="http://www.terrellmiller.com/mba-mexican-fisherman">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><em>I&#8217;ve shared this story with many friends, colleagues, and students over the years and wanted to share it with readers of my blog.  While I&#8217;d like to give credit to the original author, I&#8217;m not sure who first published this story as  there are </em><a href="http://www.google.com/search?hl=en&amp;source=hp&amp;q=%22An+American+businessman+was+at+a+pier+in+a+small+coastal+Mexican+village%22&amp;aq=f&amp;aql=&amp;aqi=&amp;oq=" target="_blank"><em>hundreds of copies of this story online</em></a><em>.</em></p>
<hr />An American businessman was at a pier in a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow-fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.</p>
<p>The Mexican replied only a little while.</p>
<p>The American then asked why didn&#8217;t he stay out longer and catch more fish?</p>
<p>The Mexican said he had enough to support his family&#8217;s immediate needs. The American then asked the Mexican how he spent the rest of his time.</p>
<p>The Mexican fisherman said, &#8220;<em>I sleep late, fish a little, play with my children, take siesta with my wife, Maria, stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full and busy life, señor.</em>&#8221;</p>
<p>The American scoffed, &#8220;<em>I am a Harvard MBA and could help you. You should spend more time fishing and, with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution.&#8221;</em></p>
<p>&#8220;<em>You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually NYC where you will run your expanding enterprise</em>.&#8221;</p>
<p>The Mexican fisherman asked, &#8220;<em>But señor, how long will this all take?</em>&#8221;</p>
<p>The American replied, &#8220;<em>15-20 years.</em>&#8221;</p>
<p><em>&#8220;But what then, señor?&#8221;</em> asked the Mexican.</p>
<p>The American laughed, and said, <em>&#8220;That&#8217;s the best part! When the time is right, you would announce an IPO and sell your company stock to the public. You’ll become very rich, you would make millions!&#8221;</em></p>
<p><em>&#8220;Millions, señor?&#8221;</em> replied the Mexican. <em>&#8220;Then what?&#8221;</em></p>
<p>The American said, <em>&#8220;Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.&#8221;</em></p>
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