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Showing posts from March, 2023

The Realistic Parable of the Mexican Fisherman

I got this from an entrepreneur DJ DeMarco. It is so good I need to share it. BREAKING NEWS: The Mexican Fisherman has filed for bankruptcy. Beware of romanticized stories that convince you to adopt a  dangerous financial strategy  devoid of any reality in today's world. One such story is the Mexican Fisherman parable I scrutinized in  Unscripted  over 5 years ago. Today, this parable is being enthusiastically circulated around the web as some modern "lifestyle doctrine" you should adopt without question or critique. However, for most people, this parable has become a risky and convenient excuse for sloth and poor financial planning.  If you haven't heard the Mexican Fisherman parable, it goes like this: A businessman stood at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish. "How long did it take t