VALUE Explained || How Money is Made? What is Value?
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Value is a subjective measure of the benefit that could be gained from a product or service. That boilers down to 2 major factors.
Subjecting measure (opinion and depends on context)
Benefit that could be gained (getting a deal)
Adding value to something is the number one method of making money. When you know how income is generated, you can have better control over your future.
How much is something worth?
How do you set a price for a good or service?
How much to charge when just starting out?
It really comes down to how much value you add to the end user or customer.
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