People are talking about Bitcoin first currency without physical coins or papers, however, there is existing more powerful currency with no physical note. It is known as "Favour". It existed in all the cultures, civilisation, however formally, it is termed "Favour Bank" first time by the writer in 2005. It is the strongest bank ever. Everyone transacts in this omnipresent institute.
The very simple concept, very popular among Sales-person where they make deposits by making contacts, introducing people. But, it is very useful for everyone in daily life. One can make simple deposits by just helping people in office, school and neighbourhood. You simply help them by providing information or helping out with simple tasks. You keep on making small deposits with different people without considering if you are getting anything in return now or not.
These deposits will make you a better person with more influence, a respected person whom people see as a loyal and supportive person.
One day, when you need some favour, you can go get return from these people. In fact, if your deposits are good, another person might help just to make a deposit with the correct person. As you are investment bank for other person.
All the investments come with risk and this one is no exception. Some people might not return favour, so what do they lose by doing so. People will know that this person is not reliable, no one will like to help him. On other hands, if you are making regular deposits with different people, you will definitely get good returns.
Few things to keep in mind while making deposits. Keep making deposits continuously, even if very small one as every institute needs positive balance sheet. Never ever overdraw your account. Don't ask big favours unless its emergency. Don't deny favours to good person if you can do it without out of your limit.
Never regret if someone doesn't return the favour.
The very simple concept, very popular among Sales-person where they make deposits by making contacts, introducing people. But, it is very useful for everyone in daily life. One can make simple deposits by just helping people in office, school and neighbourhood. You simply help them by providing information or helping out with simple tasks. You keep on making small deposits with different people without considering if you are getting anything in return now or not.
These deposits will make you a better person with more influence, a respected person whom people see as a loyal and supportive person.
One day, when you need some favour, you can go get return from these people. In fact, if your deposits are good, another person might help just to make a deposit with the correct person. As you are investment bank for other person.
All the investments come with risk and this one is no exception. Some people might not return favour, so what do they lose by doing so. People will know that this person is not reliable, no one will like to help him. On other hands, if you are making regular deposits with different people, you will definitely get good returns.
Few things to keep in mind while making deposits. Keep making deposits continuously, even if very small one as every institute needs positive balance sheet. Never ever overdraw your account. Don't ask big favours unless its emergency. Don't deny favours to good person if you can do it without out of your limit.
Never regret if someone doesn't return the favour.

Nice
ReplyDeleteThis is great! Very well said and very well described. :)
ReplyDelete