Whether you have a full time job or not, buying and selling is an activity that nobody can avoid in these times. It is because human beings developed the habit of exchanging goods and services in the past generations. Let see how to trade stuff with other people for a living.
Barter was the exchange of good for good. People would walk many miles to reach a common market place where they will find people who had the products that they had. For example, if you had a bag of corn you would exchange it with maybe a goat. However, when the years went by individuals discovered minerals and other precious metals. The discovery of these metals changed the market landscape.
So no longer would individuals only exchange products for products only but now people would trade in these metals. It is because the more metals you had at the time it defined your time, the wealthier you were described to be. People now would prefer that they either go to the market to get more metals, or they were to dispose of their precious minerals for other necessary basic needs. When the land tenure system and new agricultural methods were discovered in those day and individuals had to change how they do business.
Unlike previously it was difficult because there were no exact measuring equipment that would quantify a goat and a bag of corns. Being that the precious metals were also hard to come by the scarcity of these metals lead to it being a reliable tender.
The discovery of money is what led to banks and other products in the market such as insurance and others. In this day and age trading whether on brick and mortar or the internet has become part and parcel of our life. With time, the market was liberalized, and now a person would have to work hard to ensure that their products were in the market.
Individuals have been building companies that began with little money, and they go and become multinationals that serve millions of persons in the world. The twenty first century life has been very competitive, and individuals desire that they are on top of their game at all time. In this generation if you discover or innovate a product others will also develop the same idea and compete with you on the same platform.
Nobody can complain that a particular trader is extorting them by selling at high prices because there is a variety in the market. On the same not if you provide high quality products to persons they will be ready to pay any price as long as they get value in your products.
However, you will have to be a law abiding trader because there are rules and regulation that govern the marketplace. You are not allowed to charge high price if it does not give value for the money. And at the same time the free market has a way to balance itself because of the competition.Remember that with great determination, resilience and hard work you can develop a product that would transform lives across the world.
Barter was the exchange of good for good. People would walk many miles to reach a common market place where they will find people who had the products that they had. For example, if you had a bag of corn you would exchange it with maybe a goat. However, when the years went by individuals discovered minerals and other precious metals. The discovery of these metals changed the market landscape.
So no longer would individuals only exchange products for products only but now people would trade in these metals. It is because the more metals you had at the time it defined your time, the wealthier you were described to be. People now would prefer that they either go to the market to get more metals, or they were to dispose of their precious minerals for other necessary basic needs. When the land tenure system and new agricultural methods were discovered in those day and individuals had to change how they do business.
Unlike previously it was difficult because there were no exact measuring equipment that would quantify a goat and a bag of corns. Being that the precious metals were also hard to come by the scarcity of these metals lead to it being a reliable tender.
The discovery of money is what led to banks and other products in the market such as insurance and others. In this day and age trading whether on brick and mortar or the internet has become part and parcel of our life. With time, the market was liberalized, and now a person would have to work hard to ensure that their products were in the market.
Individuals have been building companies that began with little money, and they go and become multinationals that serve millions of persons in the world. The twenty first century life has been very competitive, and individuals desire that they are on top of their game at all time. In this generation if you discover or innovate a product others will also develop the same idea and compete with you on the same platform.
Nobody can complain that a particular trader is extorting them by selling at high prices because there is a variety in the market. On the same not if you provide high quality products to persons they will be ready to pay any price as long as they get value in your products.
However, you will have to be a law abiding trader because there are rules and regulation that govern the marketplace. You are not allowed to charge high price if it does not give value for the money. And at the same time the free market has a way to balance itself because of the competition.Remember that with great determination, resilience and hard work you can develop a product that would transform lives across the world.
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