TheMorningNews-WeekEnd Edition Sat Dec 10th 2011 -Featured Articles

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Boosting your Personal Economy By FromiMclau Welcome to this new section of which this is the first article of a series to come,  intended to fulfill the need and interest of so many people who whish their purses, wallets and accounts had a better balance in credits or real life money.  I sincerely do expect these contents may help you get an idea on how to take a positive step forward, upward and  ahead of your cash problems. The Author

Contents

Understand Economy

Understand Economy in Imvu

Understand Technology

Physical Principles and Control of Scarcity

Make a Capital: What to do to make your firtune?

Become a Explorer

Epilog: Some final words

Money Misteries and Economic Monstrosities Money and Eonomy Money and Richness Money and Time Abundance Scarcity Poverty Misery

Understand Economy According to the sacred scriptures of the Wikipedia: Scarcity is the fundamental economic problem of having humans who have unlimited wants and needs in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs. Alternatively, scarcity implies that not all of society's goals can be pursued at the same time; trade-offs are made of one good against others. In an influential 1932 essay, Lionel Robbins defined economics as "the science which studies human behavior as a relationship between ends and scarce means which have alternative uses." (Half true half false as every deceiving work by the devil) But that is Bull***t, because it makes people think all things are always scarce and some good soul has to take charge of their administration, management and ownership to ensure everyone has a chance to get a drop  or infinitesimal share  of some asset available. In many parts of the world they own natural resources as water, land, oil and pretend owning the air, outerspace, the Antarctica and in some countries they would like to own your time, sexual life,  thoughts and everything. The key element is scarcity. That is true, but most of times the economists make scarcity out of abundance on purpose to secure prices to their employers. We have known of milk, oranges, tomatoes, potatoes, being spilled, burnt, thrown to the sea, made disaapear to secure a price in the market. Consider that Poverty is scarcity of resources. Misery is having resources and not making use of them. It is misery that brings along poverty, not the reverse as usually believed Yeah, by this terms throwing milk to the sea or burning food to secure a price is misery. (A corollary of this: if you have a brain and don't use it, probably your are miserable) Well, this part is just to make one point: Economy is not for dreamers Let' s move to a more positive and optimistic mood: You won't be an economist making scarce what is abundant. You will identify things that are scarce around you so that you may find a solution for it and make some proffit out of that.

Understand Economy in Imvu Usually,  the Imvu suggestion to make big money is becoming a creator and also working in some part-time jobs as video watching, doing peer-reviews, and others. But Imvu gurus certainly miss some potential markets so far. The services within Imvu. AP is for  people wanting an enhanced Imvu experience, VIP for people who need a distinction token, Badges for helping express indentity. But there are other needs that are not really met by any service or product yet. The purpose of this part is not to elaborate on the Imvu Business, which we  may consider just as an entertainment provider. The real focus is on the opportunities you may find within the realm of Imvu, from the standpoint of an Imvu dweller.

Understand Technology  (I will leave this topic blank to be elaborated in an article on next weekend edition)

Physical Principles and Scarcity This part  is for drooling nerds;  if you want, you may skip it This not an economy course for an MBA, nor for a Master or Phd on Economy. People who are in these programs are meant to learn gain money for their employers and  themselves  while keeping the rest as poor as they can. This text on Economy is meant to help Imvu dwellers understand a real economy mechanism and how to make use of it to become a little more rich  or less poor than they are. You won’t get a diploma after reading this but a better view of the spot  you are standing on. Some Physical principles and the Control of Scarcity (Law of Bernoulli, in Fluid Dynamics) The Finger at the Exit of the Hose (fire hose enhancer) It is a common experience in life that when you are watering your lawn, holding your rubber hose, you usually put your finger at the exit of the hose to control the flow of water. In that way you may target plants that are at longer distances, you may spray drops as in a shower making a rain emmulation on your greens. Sometimes, you just let the hose loose and the water flow and go inside your house for  a nap until someone yells and by then the soil has turned into  a swamp. The scarce element here is the diameter of the hose exit. You control the diameter and you control the flow. Same principle used for fire hose enhancers. Crowd in the City by Illustrator William Park Member of 123rf.com community Finger in the Economy New Noobies on the Block. Pushing people into crowded cities leaving their farms is like putting the finger on the economy hose to direct the flow of cattle through a processing machine. Thousands strive for food that is not made in the city, so it is scarce and therefore expensive. Those thousands' accounts and payments are processed by machines that charge for every bit passing through. Thousands in a maze of prices controlled by just a few. Goodbye to the good old times and healthy life in the country. Welcome to freaky life in the blocks. The scarce elements here are space, time, food, air, water, everything the farmer has in abundance, while living in the country. Back then, when the farmer lived in the country,  it was he who controlled the price of oranges, wheat and vegetables. Now that the farmer lives downtown in a small room or apartment it is the Mall owner who controls the price. Finger in the Portal Attracting  bored people from the Real World to connect wires in Matrix Fashion to wake up in a room and meet guys who only know to speak one words sentences like“Ok”,”Wsup”, “gtg” and start a living trying to learn to do simple things like walking, listening to music, playing a video, inviting friends and enjoy the realm more than the outer world, is very much like the farmer’s story in the paragraph above. The scarce elements are manifold. So there are many opportunities for the system to charge for every thing at a price the user won’t ever control.  Orwell 1984  Imvu Style

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What to do to make your fortune? Have something valuable to share Make a Capital Invest Put you ideas to work

Focus in what you may provide Become a Contractor Become a Consultant Be a provider Industry is just one  way to provide,  that is becoming a creator. But, you may also provide services. Innovations, some ideas: 1.-You know that at some hours of the day there are 100,000 persons on line, in Imvu. At other times  150,000 and at another 50,000; all from 70-90 countries in the world. But that’s not enough information. May I ask what countries? And what people? How about a distribution according to timezone or hemisphere. That would be useful. So,  if you want to get paid for your time, you may work in doing such a study, survey or whatever it takes for making a good table or graph. Every one can do a survey and guess,  but it takes time. What if one guy uses his idle or spare time to do that work and provide a report to the rest of the people? He would become a rich guy in less than a week. 2.-When you need a new item for your outfit, a new dress or pants to go to a party you just buy what you find in the first two pages in the shop. Why not have reviewers of products who can advise about items in  page number 79, for instance?

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Become a Explorer

Exploration is the mother for all richness. This is true in any field of action, time and place. What to explore for? In search of your opportunities.

Scan your Market	Go out and explore the world, talk with people, observe your surroundings, ask questions, record answers, keep them to think over them afterwards
Find your Options and Opportunities	Indentify needs that are not satisfied by any services or product and think of what you may provide
Take your Best choice and work hard on it	Take the hint which is nearest to your present possibilities, gather the necessary resources; if you can’t do it alone ask some friends for help or assistance and start working.
Become a Explorer (Click to Enlarge)

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Hunting Season: Be prepared You may know the existence of seasonal markets. You cannot chase the same prey all through the year. You need to draw a calendar with the seasons, dates marked for you to be able to prepare yourself before hand. Study your market, know the needs, costs, prices, know what you can do and how long it takes you to make, build or prepare the package you have to deliver to your customer. The reasoning here is making sure you have  a spoon in your  hand when it starts raining soup, instead of a fork.
	Prepare your tackle and go fishing It’s a little bit different from hunting. In hunting you need tracking and following your prey. When you go fishing all you need is a good pond with hungry fish in it. Attractive products and services and a good price are the best bait. Gadgets may vary according to what your are targeting for your frying pan (a trout or a whale, for instance).
Every one in Imvu needs some service. New users, aka noobies, may need information, teaching, guidance, advice. Oldtimers may need more sophisticated  services and products. Creators, although they are very smart and clever, usually they need promotion. Whatever you may provide will boost Imvu economy and of course yours

Epilog: Well, I will leave this article up to this point. I know it is not perfectly complete by its own terms, but it is a good try and start. I will finish by saying that there are some  new emerging trends such as  the invitation to participate in seminars on some  topics which may eventually enable some people to work as part time consultants within Imvu. Also some contests to apply for funds or to become a contractor for building some assets.