WHAT IF 7 BILLION PEOPLE HAVE 7 BILLION COMPANIES?

There are almost 7.9B people on this planet. Someday, I hope, there will be almost 7.9B companies.”

NAVAL

I know it sounds ridiculous but I’m sure after reading this, you will agree with me and if not then comment below to discuss

All would agree that everyone has their unique talent! Everyone has their individuality! No one thinks the same in this world. No one agrees on something common. (like this statement😜)

So if we don’t have any common things, why do the same work? Are we built for that? We are not to follow herd sheep behavior to follow others for our life purpose. Think like a human and be unique. Find what you love not what society loves to make you do.

The main advantage of having own business or product to serve others is that there is no more need for money to trade. Money is valuable because we trade everything with it and it always hit me hard because to understand its importance and drawback, we have to go through history for some time. Let’s dig into it.

We learned in history that life can run without money. when there is no money then also people were living happily. Because even if there was no money, people traded things to buy anything. Everyone has their unique business or say things to provide. For example, one person sells rice then another one sells wheat. So, when one man wants wheat then he trades wheat with the person who sells rice. That is how it was done in the past. What are its advantages?

ADVANTAGES

1. No money, no recession: Inflation is caused when the money supply in an economy grows at a faster rate than the economy’s ability to produce goods and services. In our auction economy, the production of goods and services was unchanged, but the money supply grew from round one to round two. So if there are more people concentrate on producing more products rather than making money then it will be a revolutionary change in the new history. That is what Naval meant in his quote if every individual has their unique providing value to this society then there is no need for money to exchange things and there would be no recession.
2. Trading things don’t require paying taxes: Trading money is taxable. If you trade things directly then there is no requirement for tax. Don’t worry about the government. It will find ways to a budget. The benefit for all countries is that those who produce more goods and services will be the number one country in the world. No more currency gaps and debts.

There are many advantages and there is nothing wrong to try something new. I have started it, you should too. Join the community of 7.9 billion companies to make it happen one day. As said,

” Believe you can and you are halfway there.”