Inside this boat were several large yellow fin tuna. The banker, complimenting the fisherman on the quality of his fish, asked how long it took to catch them.
The fisherman replied, “only one hour”. The banker, impressed, asked why didn’t he stay out longer if the fish were biting so much? The fisherman replied saying he had enough for his family over the weekend. The banker then asked, “ but how will you spend the rest of your day?”
The fisherman smiled, saying, “I sleep late, fish a little, then I play with my children, take siestas with my wife, stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full and busy life.”
The banker scoffed, “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. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”
The fisherman asked, “But how long would all this take?”
To which the banker replied, “Oh, about 15 – 20 years if you work hard.”
“But what then?” asked the fisherman.
The banker laughed, saying, “Well, this is the best part. When the time is right, you would announce an IPO and sell your company stock to the public and become very, very rich, you would make millions!”
“Millions? Well then what?”
The banker gesturing grandly said, “Well, then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”