What if you could fulfill your transaction benefits (considerations) in various ways, including fiat money? Have you ever wondered what the consequences for your business would be if you could fulfill your benefits in ways other than cash? For instance, let’s say you are a shoe manufacturer. To make shoes, you must purchase raw materials like leather and process them into finished products known as shoes. At this time, if you can pay for raw materials with the finished shoes you made instead of fiat currency, you wouldn’t need to take out a loan with interest from the bank. However, the world’s economic system has limited the standard of value exchange to ‘cash,’ commonly referred to as fiat money. We need to understand precisely why banking is so important to entrepreneurs. This is one of the reasons the industry does not surpass finance. After all, money is among the goods whose value is determined by supply and demand. - Joseph’s “just my thoughts”
Online marketing and social media involve more than just showcasing personal content or creating a distinct identity; it’s about attracting online visitors to my side. To establish this identity, it’s crucial to clearly define who you are. Without gaining others’ understanding of your actions, beliefs, and preferences, you cannot create a meaningful personal brand. Once you express your identity and interests, the next step is to communicate effectively. Communication is vital for earning the trust and support of others. Through communication, you reveal your personality and character, which can either foster closeness or create distance. This highlights why personality and character play a crucial role in my business; they are essential for forming meaningful connections online. - Joseph’s “just my thoughts”