Wednesday, January 18, 2012

Here's the Thing -- Part II


Step #1: Think of a product.
Remember step one? We have to think of a product, a product we will eventually sell. And there are all sorts of products that we can make that will sell on the market. A rocket, for instance, or a train axle, or nylon nets for children’s stuffed animals. For each of these, though, there will be a good bit of time invested in each one, and the amount of your trade will be based on need or desire plus how many you make and have available. Also, to make something like a train axle, you’ve got to have a pretty substantial piece of real estate, plus the smelting pots, really good oven mitts and the like. Too complicated, and too expensive, at least to start. One day, maybe...
These things...trains gotta have 'em... Somebody's makin' some good dough doin' that, you know?
So we need something smaller. Something that doesn’t cost so much to get up and running. Something we could turn out pretty easily, but that also trades for a decent sum (i.e. we should make something valuable). Maybe something that can be traded more than once, even, generating some income each time a transaction is made, and therefore frees us up to a) live life or b) make more things to trade.
Can you think of anything that fits the description above? Anything that is dense in value, and is something you could trade more than once? Anything that’s pretty easily done, but can still be high in value for the right person? Something that’s small, and inexpensive to manufacture?
Think about that, and we’ll talk more in Part III about what I have in mind. 
A gazillion dollars sure does sound good after the day I had today... Anybody else feel that way?

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