A Change of Mindset

“In business, competition is good for the economy but not Destructive competition. It is all about building relationships, giving favours and benefits and not by undercutting “Price”. The present mindset of buying more for a cheaper Price can be compensated by other means to ensure sustainability, cause there is a limit on how low a Price you can get, but when profit=zero, there is no incentive to trade anymore. More and more people should realise this. The motivating factor for the provision of any goods or services is profits, and if it is not realised, it is better to pack up your bags and move into another industry, therefore, the Knowledge of Global markets is crucial in the development of markets.”

– Contributed by Oogle.



Author: Gilbert Tan TS

IT expert with more than 20 years experience in Apple, Andriod and Windows PC. Interests include hardware and software, Internet and multimedia. An experienced Real Estate agent, Insurance agent, and a Futures trader.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.