How does the principle of the invisible hand of the market
The principle of the invisible hand of the market is a term coined by the Scottish economist and one of the founders of modern economic theory, Adam Smith, to explain…

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How to beat the competition and earn everything
There are many options for how to bypass competitors. But most methods involve huge financial or reputational costs. There is only one way that is quite cheap and at the…

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How to build a profitable business
The goal of any businessman is to have a profitable business. In order to build such a business, you need to know what profit is inherently. Like everything is clear…

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How to beat the competition and earn everything

There are many options for how to bypass competitors. But most methods involve huge financial or reputational costs. There is only one way that is quite cheap and at the same time does not affect the reputation, because it looks honest and fair. It will allow you to bypass competitors and become a market leader. It is profitable to be a leader, because the leader gets the maximum, the rest gets the rest.

The further away from market leadership, the lower the earnings. For example, Apple removes from the smartphone market about all 94% of profits. Another 11% goes to Samsung. Together, they withdraw more than 100% of the profits, while the rest are in chronic minus. And the farther away from the leader, the greater the minus. Continue reading

Effective ways of business development

Recently, two words have become fashionable and popular among businessmen: pump and pump. And these are not just words, but ways of business development. The words look similar and you might think that they are synonymous. But in fact, the words are very different, reflect different meanings, essence and processes. We are talking about the basic processes for the development and prosperity of business, from the understanding of the flow of which, its fate depends.

ways of business development

At its core, pumping and pumping are ways of business development, and multidirectional, but dependent on each other. Continue reading

Innovation as a profit generator
At all times, innovative business development brought maximum profits. If you study the history of business, it becomes obvious that the greatest profit was brought by businesses, the essence of…

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A ticket to the post-industrial economy
There are several types of economies, and one of them is post - industrial. The transition to a post-industrial economy is one of our possible prospects, if the conditions are…

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Learn the main secret of a successful business
How to become a successful businessman? All you need to do for success is to soak up the idea of business, plunge into it with your head. As long as…

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Powerful and efficient business formula
The business formula is a way to make money. There are many options to make money now. Each of them requires a different amount of investment, gives a different result…

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