I have seen products at Walmart in Mexico that can easily be sold on amazon for a nice profit, maybe not double your money but 25%-50% profit. Its a different market with lower income individuals who only make around $150 a week so the products have to be priced appropriately. A lot of...
If by "system" you mean our government, institutions and legal system then I can see what you mean.
No system is perfect. Because People are not perfect. The people that run our government and institutions sometime lack awareness and ethics and it's expected. It's not easy. Ignorance will...
I'm not an engineer but I think you're headed in the right direction.
The solution would probably be designing a new kind of rope with very high resistance to twisting.
I'm sure there is formal fancy terms for all this in physics but who knows.
Maybe a rope that is a made of metal? Maybe...
I'll chime in and give my two cents.
Any self-image is an obstacle.
Because what does a self-image do? It acts as a net that filters certain feelings and behaviors and distorts visual perceptions.
Now the WORST self-images come from interactions with our environment; our memories. The...
Doing what "you love" is a problem when it doesn't address market needs and dynamics.
Selfishness and scarcity are the nexus that drive markets.
People don't shell out cash because you are doing what you love, they shell out cash when you solve a problem they have.
Now, you can solve a need...
It's sad that in this day and age you can't believe anything you read or hear in the mainstream media. It's sad that you always have to be in a skeptical and untrustworthy mindset.
Don't agree or like someone? Accuse them of being racist or of sexual assault.
I find it hard to side with a...
The optimal strategy in game theory is always tit-for-tat.
At this point we are heading for a trade war.
Remember China is communist, I'm not entirely familiar with china but based off my experience the politics there are very machiavellian.
I think it's 100% right.
The Supreme Court has ruled that no law enforcement official has any duty to protect you or me. They don't have to risk their lives for anybody.
Then to deny individuals the option to self-defense is morally wrong.
I think anybody with training could have the right...
The interesting thing is that beliefs are binary. They are either right or wrong.
It doesn't matter how stupid the belief is or how much critical thinking is behind it, it can still be wrong.
Im not worried about people believing obviously stupid stuff because they're stupid.
The scary thing...
I do remember your username back when you were a moderator. Good to see you back.
Hard to believe I joined this forum 7 years ago when I was 20.
My "why" is freedom from jobs, bosses and poverty.
I want to master the game of business and economics so I can be generous to other people.
Yeah, I agree. I tend to feel the same way.
I don't trust anyone.
But as someone who is always working with new people I have to find out WHO to trust.
As entrepreneurs we work with partners, employees the public and customers. We can't just tell everyone to get lost. We have to know who...
So get a load of this rip-off.
Not too long ago I reserved a car rental with Expedia to use in Guadalajara, Mexico.
I arrive at the airport and I'm told there are no cars available. I say ok no big deal, I'll just use another rental company and request a refund later. I call Expedia and...
I found this video to be surprisingly good and relevant.
As entrepreneurs we find ourselves in a selfish economic system where people and consumers ask themselves "Why should I care?" or "How are you gonna help me?".
The common denominator is always people.
1. Get people to say...
This is why I like traveling.
It gives you an insight into how other people struggle and survive.
It also gives an insight of economic scarcity at play. It's the number one economic principle at work.
For example Americans spend billions on online shopping and have stuff delivered to their...
I like Tony Robbins and find a lot of value in his works but obviously Tony works with large corporations who cater to the mainstream. If they don't like it they don't publish it or broadcast it plain and simple.
I highly doubt you will ever see Tony come out and say "Drop out of college and...
Being happy first regardless of external circumstances helps a lot in becoming successful.
Usually three things cause unhappiness:
-Distorted sense perception by our belief system.
The most powerful illusion that drives unhappiness is the idea that our...