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Your Work From Home Online Business Opportunity. It's No Accident.In Less Than 3 Minutes, I Can Show What is a resource? The resource base has never been fixed. Land for example wasn't a resource until humans, applying technology, first learned how to farm it. And oil wasn't a resource until human beings developed the technology of refining and burning it. Today, definitional technology changes so fast that our most powerful resource itself is our ability to define our physical resources. From the first law of economic alchemy we know that innovations and new definitional technologies are unlimited, because the human mind is unlimited. And as a consequence, your work from home online business opportunities and your wealth are unlimited as well.
The Second Law Of Economic AlchemyAn important question you must ask yourself as an internet entrepreneur is how you can increase your supply of these innovations and new resources. There are basically two ways to increase your supply of new resources: 1) Improve your ability to find, obtain, distribute and store new resources. The first set of abilities and skills is called your supply technology. The second set is labeled use technology. Together, supply technology and use technology constitute quantity technology. Your quantity technology is the technology that determines your available quantity of existing new ideas, innovations and resources. The second law of economic alchemy (Opens new window) explains this quantity technology for your work from home online business opportunity. TECHNOLOGY DETERMINES THE SUPPLY OF ANY GIVEN RESOURCE.
Your LessonNow consider your work from home online business opportunity. In small internet business one of your resource bases is your network, the people you know. You can increase your supply of new people, new business contacts and relationships by improving your ability to find new people (supply technology). You could use new technology, like the Internet, to leverage your local expertise and knowledge for global clients. But use technology can also expand your resource base by improving efficiency with which you "work" your business relationships. For example, by building loyalty and trust through an online newsletter or e-zine for customers. Your lesson for your online business? Take inventory of both your supply and use technology!
What is eYouniversity? (eYou)eYouniversity is an online business incubator. The goal of eYouniversity is to support the online entrepreneurial process, helping to increase performance and profit levels for innovative small online businesses. You can learn more about eYouniversity (eYou) on the About This Site page... the story behind eYou and successful home businesses on the Web.
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