ShaynaSmithers530

PREAMBLE: The only way to assume control of your lifetime, increase your standard of living and move beyond merely surviving would be to create your personal unique products or services that you provide to growing numbers of people in trade for the items of value that you wish. This simple formula relates to people as well as nations. A self-sufficient economy has its products of importance to ship to the world. Likewise, a individual has some thing of value to switch in the global market. That thing of value is based on your natural talent, skill, or interest-in other words, your love.

NOTE: The following article was originally written for the residents of the island state of Saipan. It consequently includes sources of a nature unique to that nation's economy.

When you consider so what can help the you lift yourself from your present economy, it is important never to lose sight of a couple of important ideas and truths about economics, value, and money.

I. MONEY IS A METHOD OF EXCHANGE

No one ever gives money to you except in trade for some thing of value.

II. EXCHANGE IS THE REAL PROBLEM

Do not let anyone deceive you. because the world has agreed that money could be the basis of exchange that we are planning to use the sole reason we concentrate on money is just. I've eggs. You've a cow. If you want I want what you have, and what I've, then we could change my eggs for the cow. But eggs may not be wanted by you. You may want a thing that I really do not need. And I may not need a cow. I might want something that you do not have, like a car. So we all agree that eggs are worth a amount of money, and that a vehicle is worth a amount of money. I could get the money to get a car, and now offer my eggs for money. But all I really did was trade eggs for a car, while the means of exchange using money. So it is not the money that is driving the economic engine, it's the exchange.

Now, then, there are four techniques one can participate in the process of exchange:

1. You are able to take money but give nothing in return (rip-off)

2. you can accept money and provide a partial or corrupted version of what was expected. (short-changing)

3. It is possible to accept money and give just what was ordered. (fair exchange)

4. It is possible to accept money and provide more than was anticipated. (change in abundance)

By the way, Exchange Method four, (receiving money and providing more than expected) could be the only way to make certain one's long-term success and success. But more on that in a future line.

III. PRODUCTS ARE THE FOUNDATION OF EXCHANGE

"When an entire community demands a high

standard of living and yet doesnt focus

on the personal production of disposable

products, it is finished."The Dynamics of Money

So just how does one participate in exchange with the world? Simple. A product is needed by you. A PRODUCT can be thought as a good quality service or article in the hands of the buyer in exchange for a valuable. It is something which could be exchanged with other items in return for help.

IV. THE QUESTION IS

So the single, most important issue to be asked of the who guide the span of nations, its residents, people, business owners, and potential Saipanpreneurs is: WHAT ARE WE PRODUCING?

Question him, "Great idea, but what are we producing", when some one suggests a remedy to the economic situation?

When someone suggests an idea for getting loans and federal support, question her, "Great, but what're we producing?"

When some one suggests an idea for a company you can begin, consider, "What am I producing?"

There's no moneyno true, long term money, if there's no generation.

A FLAWED PLAN

I tell my clients that any plan that relies too much on another person's whim, good will or largess for its success is inherently a flawed plan. A short-term stop-gap measure may be provided by it, but there is no reliable potential or control integrated.

Selling some body the hope or possibility of doubling their money based on the central programming of a slot machine game is not trading something of importance. It is primarily offering nothing in exchange. It's a rip-off.

Sure, you can call it activity if you want, but at the end of the day, you've not improved your lot in life, because you're not changing anything of real value that can increase, improve your reputation, strengthen your self-esteem or increase your standard of living. More over, since it is not predicated on such a thing over which you've any imaginative input or control, you can not use it easily to boost the welfare of the people.

It's no market into which any person with average skills of entrepreneurial dreams but meager means could venture. Its a restricted industry with power concentrated in the arms of the few.

Having people playing around throwing their money into slot machines does not immediately improve the lot of the typical population. Sure, there may be some guarantee spending in shops, new careers in the hospitality/service areas, but undoubtedly the biggest winners are the casino owners. From my own, personal limited travel experience, I have noticed huge poverty just beyond the walls of profitable casinos, and been to Atlantic City, in New Jersey. Theres no guaranteed trickle down.

The risk in basing economic growth on simply providing a place for individuals to place their money in to slots is that the world doesn't need another place to accomplish that--least of a place way out in the Pacific Ocean. Any place with better entertainment, a far more convenient location or better accommodations, may win your competition for tourist dollars.

And, it would be sad to think that the thing this beautiful land and its people have to provide is a place for people to risk money in search of a straightforward payoff. It's a punch in the face of the original creativity, natural beauty, the spirit of self-sufficiency that have existed here for years and years.

A BRAND NEW DIALOGUE

If you continue to perpetuate the idea that we could be saved only by someone else's money, then these presently without money are rendered helpless in the discussion. If, on one other hand, the dialogue is changed by you to discussions of finding our "value" available, then everyone can participate.

Without this type of new debate, and the actual, long-term solutions that come with it, we'll perpetuate lowered expectations, and watch the unpredictable manner of self-esteem and hope that comes with the exclusive dependence on others for solution. Each time a people subjugate themselves and their inherent value to the value of a, there are things you cannot note that will undoubtedly be visible only within their absence. For a nations mankind, once lost can never be changed.

IV. SUMMARY

Money is really a way of trade.

Exchange may be the problem to be resolved.

Services and products and Services form the foundation of Exchange

Number production=No Money

Really the only problem, for that reason, is: What're YOU Producing? gestão de custos