Look Who it Was Random video

YOU ARE A BUSINESS - WHATS YOUR COMPETITIVE ADVANTAGE? WHATS A COMPARATIVE ADVANTAGE?

3,220 views · Published 7 November 2016 · 10:56 · Indexed 27 October 2026

Channel: Trading Fraternity · 2016 · People & Blogs

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As an entrepreneur, you are your own business. You need to learn how to manage yourself as a business, and play on your strengths so you can be as productive as possible.  A lot of businesses do poorly because they allocate their resources poorly and are therefore less productive.  If you find your strengths and play off of them you can be more productive and realize, what we call in the macroeconomic world, a positive net gain on trade.  As I explain, obviously a lot more goes into this concept, as it is part of major economic theory, however I think this was a good place to start. Hopefully what you can draw out of this video is how you can relate it towards being an entrepreneur and even directly applying it to some business endeavors like an ecommerce website or Amazon Affiliates or reselling. 

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