Business Digest July 3, 2024
#BusinessDigestWithDrEIS
On BU$I₦£$$ DIG£$T this morning, July 3, 2024
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WHAT IS THE VALUE OF YOUR NEED? Part1of3
How many people truly know the difference between their NEEDS & WANTS?
The answer of needs or wants changes per time, circumstances, age and other variables.
Many people don’t seem to know what they need, thereby cannot determine the cost or value.
In elementary Economics, the real cost of a thing are the other alternatives forgone to get that thing. It is called opportunity cost.
What exactly will it cost you to save, invest or even start a business?
Tade Cash said “while money wouldn’t solve all your problems, it will solve your monetary ones, because most of your problems are money-related.”
And if they are money-related the question will be, how much of money is needed?
Part 2⃣ and 3⃣ of this series shall be considering what people need that are not money related.
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Yours-In-Entrepreneurship
*_Dr. Emmanuel Idenyi Shaibu_*
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The Millennium Entrepreneur!
*MakingAMarkGlobally*