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Happy Wins-day Comma Convos crew

Today's episode was all about the BARTER.

What is bartering? exchange (goods or services) for other goods or services without using money

What are the disadvantages of bartering?
The following points highlight the six major disadvantages of the barter system. The disadvantages are: 1. Lack of Double Coincidence of Wants 2. Lack of a Common Measure of Value 3. Indivisibility of Certain Goods 4. Difficulty in Storing Value 5. Difficulty in Making Deferred Payments 6. Lack of Specialization. Disadvantage # 1. Lack of Double Coincidence of Wants

Nicole's Bartering Principles
4 pillars to a successful barter: 1. budget 2. community 3. offer 4. agreement

Top 3 Bartering Tips: Barter value must match the exchange

Bartering must be in the budget, Bartering is not free & Barter value must match the exchange !
Learn more about bartering and how you can build muli-generational businesses through bartering visit ibarterblack.com

Today's Sponsors: Carter Capital PLLC- the only 24-hour wealth development firm and institute, Dream Creator Marketing

Travel with us this fall: August 3-7 Wealth Development Summit IV in Toronto
Wealth Development Summit IV | Toronto, CN – Carter Capital PLLC

Become a sponsor of our podcast or run an ad for your business DrickaMCarter.com