The value of an item solely depends on the preceived value of the buyers, which the Roothenchilds call them customers. The desire for the item by the store owner (the seller) does not play into this, though usually the seller would put on the distorted reality of itself also wanting to purchase the item for reasons we know of. Effectively, that action by the seller is a form of advertisement, belonging to the dismoral one, though. Again, the value of an item solely depends on the preceived value of the buyers, and not that of the sellers. We could use this key fundamental principle to know/realize that the seller or makers' own creation's value cannot be determined ever if one does not want to mess things up, by the preceived and therefore thought, value, of the seller person(s) of the item being examined at. Its value estimate should be solely dependent on the wants amount of the buyers, not that of the seller themselves. Here is a great example to this: someone invents plastic, himself and his family already has plastic, and he evaluates the value of these items to be aproximately two dollar per unit of quantity, so he puts it on the market. Wrong thing to do right there. Even if the price was actually somehow ended up right, then it's still not right for the method used for determining its value was wrong. The seller should've taken examination completely from the other perspective - not look at how self wants or value it but solely on how the potential buyers value it - ask set of questions like do they desperately need it, do they depend on it, does the item change their life or elevate them to another platform or elevation, and does the item reduce their safety hazard risks. With this method used, then can one be doing proper business. One mess up on the fundamental, all are messed up, even if somehow temporarily one chance right. It's like not wearing clothes on winter season, one should always do the proper methodology and procedures to avoid big losses (in this case, frostbite).
This blog's ownership belongs to Sir Glenn Yu. A well known author of 3 major book publications - Beyond the Surface, [mandarin characters book name] and Collection of Philosophies and Insights. He writes often, and does so with agility. His staffs take care of the site 8 hours a day, from 10am to 6pm every week from monday to friday plus the weekends. This blog is his blessing, or is it his curse? AdVenture forth, enter the palace, and see it for yourself, visitor! ----- ---- --- -- -
o
Saturday, 4 January 2014
On Value
(typing now the second time, unfortunately, due to very unfortune, which I disclose on here briefly: accidentally pressed the undo button, which for some reason deletes the entire page. After strategically figured out there is a redo button somewhere, it's already too late since somehow this redo's function only re-do a single step - not more than 1. So there, the entire page was lost, and I will here try my best attempt to reconstruct the samething, I hope it turns out the same quality and lives up to its standard of its father, *sob*, Timmy Turner, you will be just as great as your father killed in undo button dysfunctionality robot by a bad ugly and whack group of computer programmers. *sob*)
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