Monthly Archives: March 2018
How to find sources of profit
The main sources of profit change following the change in economic level. We are currently moving from the fourth economic level to the fifth. Accordingly, very soon only businesses that are engaged in creating goods and providing services of the fifth economic level can have a good profit.
The levels of the economy are called sectors. At present, there are 5 sectors: primary, secondary, tertiary, quaternary, fivefold. At different times, each of these sectors was the “locomotive of the economy” and gave wealth and power to the owner of the respective assets, acting as a source of profit, power and recognition. Continue reading
How to build a profitable business
The goal of any businessman is to have a profitable business. In order to build such a business, you need to know what profit is in its essence. It seems everything is clear here – profit is the positive difference between income and expenses for the production or purchase and sale of goods and services. Accordingly, if you want to make a profit, you need to increase this difference.
But if you increase the difference, it may happen that in general no one will buy anything. Why? Because, in fact, profit is the difference between the costs of producing or acquiring and selling goods or services and the value of these goods and services. In other words, a profitable business is when the value of a commodity is higher than its price. Continue reading
Monetizing talent as the business of the future
The business of the future is the monetization of talent. Everyone is talented in something. Absolutely everyone is talented in something, there are no exceptions and there cannot be. However, the fact is that only a small part of people know about their talent and use it for its intended purpose. Most people simply do not know about their talent and do not use it for its intended purpose.
Talent is simply the ability to do something better than others. At least in one case, everyone possesses this ability, because getting such an ability is very easy. How does a person get the ability to be the best in some business? To get this ability in order to get talent, you just need to qualitatively pump over the corresponding idea. Continue reading