Business Opportunity

Become A Member Today

Wednesday, December 24, 2008

Note from the streets

As a street vendor I faced fierce competition from other vendors who constantly lowered their prices to the point that nobody could make a profit. The Beneficiary of this was the customer of course. They got cheap goods which was good for them bad for me.
"Deflation: The act of deflating or the condition of being deflated".
Competition drives down salaries and prices. Auto industry, Real Estate, Job Cuts and Salary Cuts.

No comments: