...tendency to the exchange is not the benevolence, but the personal interest, that is to say the desire to improve his living condition for the better. Smith concept of wages of labor is a fundamental metrics to satisfy the effort required to produce goods and manufacture a product. The profit (return on sales or investment such as rental properties, commercial building and equipment), buy or sale stocks are conceptual means of increasing an owner’s return on investment. Smith demonstrated that the division of labor will add more efficient methods of doing different things and performing various tasks. My personal view of how the division of labor is successful is discovering how unique they are as they perform. People are hired (education plus training) to do one specific job and spend much of their working career doing the same job. Companies and 1 government hired them to do the job and accomplish that task faster than...
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...scholarship only covered a forth of first year tuition. While she was waiting for her loan approval, Molly’s friend who was an erotic dancer suggested Molly to try dancing as a way to make money. Molly decided to give it a chance. She learned how to dance very quickly, and she also had grown to love it. Molly earned a large amount of money to pay for her school tuition each semester. Now Molly is an executive marketing research analyst for Diakin Co. Do you think it was right or wrong that Molly decided to become an erotic dancer to put herself through school? The subject thinks that it’s wrong mainly because this job is unhealthy for those who are involved in the industry. In her opinion, the industry promotes the objectification of women. The atmosphere surrounding the clubs has no positive attributes, which causes the women feeling worthless and ashamed. Majority of the women in this industry are exposed to situations that are dangerous and unforgettable such as rape, metal issues or drug usage. Melissa also concerns about the consequences that may follow Molly after erotic dancing; for example, the chances of Molly getting sexually assault would likely to happen or Molly could potentially develop a self-esteem issue. Furthermore, Melissa expressed her opinions about a country where young women would have to think of this path as an option to make money, and those men who look at women as objects. Melissa understands those women who have to somehow earn money to maintain...
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.........................................................................................15 What questions are you asking? ..........................................................................16 A new approach to wealth ..................................................................................17 What is Money? ..........................................................................20 A case for karma? ................................................................................................22 Cashflow from Control? .............................................................25 Developing short-term cashflow ..........................................................................26 Options give you time .........................................................................................26 12-Month Real Estate Millionaire - Part 1 2 Copyright © 2012 by Mark Rolton All rights reserved. No part of this book may be reproduced in any form or by any electronic or mechanical means including information storage and retrieval systems, without permission in writing from the author. The only exception is by a reviewer, who may quote short excerpts in a review. Distributed by Knowledge Source 12-Month Real Estate Millionaire - Part 1 3 Forward These days it seems that real estate is the the flavour of the month....
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... -The Basics of Money and its accumulation- "You will never achieve wealth in spending money, wealth can only be achieved in saving money." -Helmut Ament- Why do we Fail with Money? We fail with Money and we don’t build wealth and financial security because we make a few key, consistent errors. These are common errors that are caused by our mental “hard-‐wiring” and our inability to calculate the long-term effects of our decisions. If you learn About these errors and you overcome them, you can take control of your financial life and Your financial success. If you don’t learn about these errors, you’ll keep making them, and you’ll keep going down a path of having less success with money, less control of your life, and less of a feeling of security and safety for yourself and others. If you want to get control of your financial life... and get control of your ENTIRE life... then you must educate yourself and learn how to do it. No one is going to do it for you. A Lot of people think that money is something you dont talk about, something bad. Some people think that people who have money are “bad people” and people who are poor are “good people.” Regardless of how you feel about money, what you think money is, or whether or not you think that people who have money are good or bad, it’s likely that you DO FEEL one thing: Most people feel like... Money controles their lives Every important decision is affected by money. Money is THE way to get things...
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...As for my first assignment for entrepreneur’s subject, I would like to discuss about the criteria and how the entrepreneur should think. First and foremost the entrepreneur character can be build, can be groomed from experienced and some are born with the DNA in their blood!. Who is the entrepreneur? Entrepreneur is someone can see opportunities and situation in which new goods, services, raw materials and organizing methods can be introduced and sold at greater than their cost of production. Someone with the character of entrepreneur will always see problems, challenges and uncertainties as an opportunity for them. The only job that don’t have any qualification to apply is an entrepreneur. Anybody can be an entrepreneur, once they sustain in this field over failure because failure is the only thing guaranteed. How they respond to failure determines their success. Successful entrepreneurs are paid for their high tolerance for stress and pain. Setbacks, obstacles and challenges are painfully common elements of entrepreneurship. Most people react to these hurdles with stress and pessimism, with an attitude that obstacles are negative experiences that only hinder progress. As an entrepreneur, they encounter so many challenges they simply can’t afford to react this way. Instead, successful entrepreneurs view challenges as opportunities. Each challenge or setback reveals a key opportunity to grow -either to improve upon an existing weakness or take measures to avoid experiencing a...
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...“any act or experience that has a formative effect on the mind, character, or physical ability of an individual.” Although most people have similar ideas as to what education is to them, I learned that not everyone’s opinion is comparable. As a student changes over from middle school to high school, they are given more of a voice because they are able to choose classes, although it is only a select amount. Allowing high school students to select a class gives them the opportunity to explore and learn a different subject. Also, students begin to discover their hidden talents. Tied together, required core classes and the classes students may choose from, help expand their prospect. Also, classes join into each other and benefit one another, sparking student interests and understanding of the classes themselves. I wondered what a high school student’s outlook on education would be and senior, Esther Herrera, gave me her opinion. “I am 17 and I think education is extremely important. I will admit that I do not always find school the most fascinating way to spend my time, but it is necessary.” The students begin to define themselves by the subjects and areas they are most interested in and their desire to expand their knowledge. Allowing a high school student to choose classes helps them explore, learn different subjects, and become more familiar with who they are and what defines them. What is the surest way for your children to get ahead in life? Is there any way to ensure...
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...For African Americans it was a way to earn money and get out of ghetto. Especially back then when they were discriminated. So, the crack epidemic and hip hop back in 80s and 90s went hand in hand. It was very interesting to read the "Dark Alliance". I found out a lot of interesting staff of which I didn't know before. Of course, not every black american was involved in drug distribution and consumption. There were the ones who worked hard to pursue their dreams; however, there were more people who consumed and distributed than those who didn't. Rappers raped about it in their songs. The song "White Lines" describes how at parties MC and other party people consumed it. MC also tells us about his feelings and illusions he had. Once, people get involved into the crack epidemic, it is hard to stop. Also in the song, MC tells that every time you want it more and more. So, the dosage increases and money decreases. Some still suffer from the crack epidemic. People who used to party and play cool are now addicts who just think about getting drugs. The Crack Epidemic brought violence and sickness. People on crack are not stable and can think straight. As a consequence they are more violent and uncontrollable. People also become sick addicts. They can't live without it and do everything they can to get drugs. As an example in the song "White Lines" about a girl who sells herself for a dose of crack. Males act the same. If they don't have enough money to buy drugs, they'll do everything...
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...5500 points, almost everyone who lost money still believed in the market’s strength and hoped it would bounce back so that they could recoup all their losses in the near future. Few were willing to withdraw their investments though most knew that “stop losses” is a basic investment principle. Shanghai Stock Exchange Composite Index is struggling against 3000 points these days and the investors who watched their investments shrank from when the Index was 6000 points are suffering huge losses. A lot of my friends who are not investors ask the same question when we talk about the bear market: why didn’t those investors get out of a falling market sooner? I always laugh at the question because the answer is quite simple: This is human behavior. People set reference points when they start investing. Selling off their positions at a loss is against their natural instinct. An Interesting Study A 1979 study by Daniel Kahneman and Amos Tversky showed an interesting phenomenon. Subjects were told to choose between two prospects: Prospect 1: A 100 percent chance of losing $3,000 Prospect 2: An 80 percent chance of losing $4,000, but a 20 percent chance of losing nothing. Ask yourself which one option you would choose. For me, definitely the second one since I still have a chance of losing nothing, though the chance is only 20 percent. In the study, 92 percent of the subjects chose prospect 2, the same choice I would make. Next, subjects were told to choose between...
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...in school; Career and income, but how do you achieve that? How does one get the career they want and the income they yearn? The answer is education several countries are known for their exceptional performance in academics and the pressure related to their education. Among those countries are China, India and Japan. These three countries share a lot in common; exceptionally bright students and a very rigorous education system that showers students with pressure from parents to perform exceptional in school. Anita Desai, who is the author of Studies in the Park, shows us how the much education is important in India. Studies in the Park is about a young man named Suno. Suno is ready to apply for college, but before he goes into college, he must pass the entrance exams for his college. Suno undergoes pressure from his parents to study hard and pass the entrance exams. Suno is always reminded from his parents that he expects good results from him and he should just be studying. Suno starts to get fed up with all the talks and his loud home, so he tries and find a new place to go and study; The Park. At the park he meets other students who are just like him; tired of all the noise at home and fed up from their parents nagging at them to study. Anita Desai’s Studies in the Park undoubtedly connects with the importance of education worldwide, pressure placed on students for education and the pressure for incentives offered for education globally. Many students are constantly faced with...
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...In this essay I will examine the benefits and drawbacks of studying for a university degree and will demonstrate which one outweighs the other. I will also start by defining what a university degree actually is. A degree can be defined as an academic diploma that is received from a college or university. It is an official certificate that a person gains after completing three to four years of study at an academic institution of higher education. The most common type of degree is called a ‘bachelors’ degree, which is also known as a first degree. Owning a degree qualifies a person for various professional fields. For some fields, for example the medical field, the occupations have titles for which a degree must first be obtained. To gain the title of ‘doctor’, a doctorate must be completed. This is an advanced graduate degree programme and is the highest form of degree. Other forms of degree include a master’s degree which is a course of study taken after a first degree is obtained. Many professions require at least a basic first degree. Fields such as medicine, science and law require an advanced degree and sometimes a doctoral degree. Some fields that require a basic degree or higher, include business and education. Possession of any type of degree can often be seen the degree holders name. For example John Smith BBA, this would stand for bachelor’s degree of business administration, or M.D. which would stand for doctor of medicine. Doctoral candidates require completion of...
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...However not all women agreed with these understandings, the taste of freedom that these working women experienced, sparked what is now known as the Flapper era. Flappers also were referred to as the modern "New Women” were often described as, “Confident, employed, pleasure seeking, and most of all someone who exercised sexual agency” , almost the complete opposite of the women who came before them. The generation before was seen as “Mrs. Grundy”, which “represented prudery and sacrifice” , whereas flappers were seen as “pleasure and consumption”. Many people within the older generations shared the same ideas of Miss Laurette Taylor when she stated, “Your flapper -if you call her that- can't work or study all day and dance all night and make good at what she works at." Elder generations feared that these women were focused on having fun and not being productive to society. Flappers were less concerned with politics and more focused on social roles of women. Miss Virginia Potter, the president of New York League of Girls Clubs, Inc., states, "I think the modern young girl is a delight....
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...mother. Let me explain. As far back as I can remember, growing up as a child was full of sugar rushes, imaginary friends, and endless adventures. I was the only child in my mother's house for nine and a half years until my brother was born. I had every toy I asked for and every light up shoe I ever dreamed of. My parents both worked well paying jobs and practically gave me any and everything I wanted. Many people called me spoiled, but I considered myself loved. Over the years, receiving gifts turned into earning them. I recall my mother giving me a list of daily tasks and chores to complete throughout the week. If I completed each chore and kept my grades up in school I would earn an allowance. It didn’t take long for me to appreciate the value of money. When I was 12 I started saving my money in a purple shoe box that I kept under my bed. Each week I would ask my parents for additional chores so that I could make extra income. By the time I was 14 I decided to do something I loved while getting paid to do it; babysit. On my sixteenth birthday I had saved over $700 and my father took me to open a savings account at the local bank. I remember feeling accomplished and “grown”; not knowing that I would find out the true meaning of that word within a couple of months. As I entered the eleventh grade my uncle, who is two years younger than me, had a baby at fifteen. This caused a hardship on him because the mother of the child signed away her maternal rights and gave...
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...The Annoyance/Dangers of the Paparazzi Would you like if people were constantly bombarding you with cameras? Lets say you’re enjoying a nice meal with your family and then suddenly a group of “photographers” come up and just start snapping an endless amount of photos and there’s nothing you can do about it. The so-called “photographers” that I’m talking about are called the paparazzi. The paparazzi first started with a man named Ron Galella, nicknamed America’s first paparazzo. Galella’s first target was actor Marlon Brando; he began harassing Brando one day telling him to take of his glasses for a photo. Brando wasn’t playing his games, not only did he refuse, but he also punched Galella, knocking out five teeth. (Talese 97) Yes, what Marlon Brando did was a little excessive, but in his defense you shouldn’t bombard people with your camera, giving them orders and whatnot, it’s called common courtesy. The paparazzi have gotten way out of control over the years, yes, they have a job, but there should be limits. Of course, the paparazzi see it differently. They have little concern for celebrity’s privacy. The way they see it, is they have a job to do and money to earn. They believe celebrities like being photographed, but they pretend they don’t. They also believe they’re making celebrities more famous, therefore successful. (94) I’m almost positive celebrities do not enjoy getting their pictures taken, as for saying they pretend, well that’s just right stupid. For example...
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...students find out that hard way .some students look forward to study however others leave the college. There are some causes that may contribute to the drop out which are raising tuition fees, stress, job and poor preparation. The common reason that students drop out of college is lack of money. Students might have problems finding money for tuition and books. Sometimes their parents cannot afford their tuition fees or they cannot afford high cost for the classes. Not all students can afford to go to college and not all students can get any scholarships or financial aids. Most of them have to find a job to pay for the credits. More over Students need to work on campus or off campus to cover their tuition. Some students’ work more than 40 hours per week I believe that being working student is not an easy task. For example I’m working on campus just 15 hours per week and I really need a good preparation and management to do both work and school works. Some students work more than 40 hours per week and they cannot find time to their studies. They have less time to dedicate to their studies. It is very important while stay in college, to study every day and to do the homework because that is only way to leave and pass the exams. If not their grades will be lower and they feel disappointed and drop out of college Even if students can afford tuition, stress, pressure and lack of sleep will cause to drop out. We need to work hard to achieve higher grades or scores. If we going to do...
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...continue to venture outside the bounderies of thier native countries. The DMA estimates that Japans’ catalog market was worth $21 Billion in 1996 and that there are 500 catalog marketers competing for that market. A number of U.S firms among the successful competitors, driven by the Japanese desire for U.S products and their need for convenience. A survey few years ago, when the automibile industry was trying to ascertain how to advertise to the emerging women’s market, Ford Motor Company turned to an approach called “Curriculum Theory”. Based on theories of learning that you have probably studied in psychology or consumer behavior classes, “Curriculum Theory” argues that when the purchase is large or otherwise risky, direct marketers must move prospects through a carefully constructed series of steps that will culminate in a purchase. A study was conducted with the L.L Bean in marketing its products in Japan for a number or years. The D.M.A estimates that Japan’s catalog market was worth $21 Billion in 1994 and that there are 500 catalog marketers competing for that market. A number of U.S firms are among the successful competitors, driven by the Japanese desire for U.S products and their need for convenience. However, firms who succeed often find that they must tailor their offer to special market needs. The Direct Marketing as a Global Industry is made up of firms that rely exclusively on direct marketing and, to an increasing extent firms that are...
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