SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > Original SOWPub Forum Archive
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #13  
Old October 7, 2001, 05:19 AM
Ricky Higgs
 
Posts: n/a
Default Money is NOT real, gamblers, "99".... Huh?

> Money is NOT real. It work only because we
> all choose to believe in it as a legitimate
> buying/selling medium.

Money... Paper money IS VERY REAL!
Before paper money, people used to have to carry heavy bags of silver, gold and even salt.
Paper or even plastic money (credit and debit cards) is for convienvence. Today we are fortunate enough to live in a world where you can buy and sell goods and services without any physical money changing hands. Just debits and credits between our bank accounts.

Money is simply an "I.O.W" we can exchange for goods and services... The real value is backed by the issueing Government.

Money makes it fairer for all of us.... In the caveman days, life was not as fair...
If I was good at making "spearheads" and you were good at hunting... We could trade what we were good at... You give me meat to eat, because you are a good hunter and in return I make you the weapons to hunt.
However... The poor caveman who was good at nothing, with no trade to "swap" or barter... Would starve to death. So instead of swapping services we all agreed to a unit of universal exchange...Call it paper money, salt, gold, silver... At the end of the day they are only "I.O.W's" we all agree to accept for whatever services or goods we offer.

> What would happen if suddenly the guy in the
> TV store wanted a piece of gold instead of
> notes? Of course you'd walk away and go to
> another TV store.

It used to be that way less than one hundred years ago and during the war years.

> In fact, I'll bet you that $100 that the
> inverse is actually the case. The person who
> does not blink at losing $100 when Gambling
> is a Hard Sell on an info product. And even
> harder on an eBook!

I've sold lots of ebooks to associates who are gamblers.

> In fact, research indicates a direct
> correlation between non-gambling and success
> and gambling and non-success. In other
> words, successful people do NOT gamble while
> unsuccessful people Do.

I have to disagree... Successful people are "risk takers", and some of the wealthiest people in this world are gamblers.

Take Australia's richest man, Kerry Packer, not only is he a "high roller" betting in $100,000 "lots" but he also owns the Casino in Melbourne.

If successful rich people were not gamblers, then explain why every casino in the world caters for the high rollers with special gambling rooms set aside to service these "rich" clientele.

The difference between being a success and a failure is often the case of being prepared to take a "risk"... A calculated risk maybe... But in essence "risks are a "gamble" ... Life itself is a gamble everyday of our lives. We can chose to be a player or non-player in the game of life.

> That's why things end in 99... because
> people don't think in these
> "lots".

The real reason prices end in "99" is not what most people believe it's for... A marketing ploy to make things sound cheaper.... No. Sir.

It all started years ago, when supermarkets realized that if they were to price a product at $5.00 or $10 even... Then it would be easier for the shop assistants.. The people on the check out cash registers to "pocket the money"!!!

You see if a product was priced at $9.99 instead of $10.00... It would FORCE the assistant to OPEN the cash register, place the $10 bill in the tray and GIVE the customer their ONE CENT change!!

(Most customers of course would never hand over the EXACT amount of $9.99, always a $10 or a $20 note FORCING the assistant to give them change).

When products were priced at EVEN amounts, stores lost thousands of dollars due to the customer handing over the EXACT AMOUNT and not waiting around for change or a receipt....The cashier would not have to open the till infront of the customer and therefore the temptation existed to pocket the money!!

> $8.99 is eight bucks to us. $299 is two
> hundred to us.

I think most people are smart enough to realize that $299 is $300 and would not round down to $200.

Warmest Regards & $uccess

Ricky Higgs
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 09:28 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.