What Does Business Really Mean To You?

To really understand the meaning of the word business all we have to do is take a look around. Forget all the "dictionary" definitions of the word (which by the way there are many), just take a look around!
The monitor you're looking at to read this was bought from someone for a profit. That's it, that's business. To buy and sell goods for a profit.
Your needs and wants are all provided to you in business.
People don't usually think about the process of how business is done.
People just subconsciously buy what they NEED, yet on the other hand are totally aware of the stuff they WANT. It is like a big circle that goes round and round. You buy goods/services from a retailer, that retailer buys from a wholesaler, that wholesaler buys from a manufacturer which by the way you probably work for.
So the next time you take a stroll in a mall think about the process...the way in which the world turns...BUSINESS.
A simple example would be, You get your paycheck from your employer at the end of the week/month and you go out and start doing some shopping to get what you NEED.
When you walk into a supermarket you expect to get what you NEED like Cheerios, milk, bread, butter, tea, coffee and more. You walk around the aisles subconsciously filling your cart with the basic necessities that you need to survive.
Now let me ask you this...Do you think about the cost and practice to produce such items? The insane amount of time it took a whole team of highly educated, well informed human beings to come up with that "fat-free" mayonnaise? No of course not but you do consider the price of such item don't you?
When you walk around an electronics store, gazing at that beautiful 60 inch Sony 3D TV one of the things you look at is the price...am I right?
Now do you stand there and calculate the production cost of this TV unit and base your decision on the profit margin the manufacturer issued? Of course not! You stand there and base your decision on thinking about how good it would look hanging on your wall in your living room!
Then you buy it.
You give your money to the teller from the store which then the people at that company use to pay themselves a salary and purchase more goods from the wholesaler then the wholesaler has money to pay himself a salary and purchase more goods from the manufacturer.
You guessed it...then the manufacturer has money to pay himself a salary and think up of more goods to sell...and the process repeats itself over and over. Without understanding economics it's really easy to understand basic business.
Think about what you do for a job...where ever you work, think about how the "circle" works. Let's say that you work for McDonald's.
You have to rely on customer's buying food from you to pay your salary, if there are no customer's there are no profits, if there are no profits there are no salaries hence you will probably be out of a job very soon...so I'd think twice about spitting in that cheeseburger.
So the basic principal of business is to buy and sell goods/services for a profit, therefore continuing that circle which creates more goods/services, jobs and more profit. It's really simple if you think about it.
Now of course there are thousands of types of ways that business works but they all follow the same circle pattern. You make money, you spend money, make more money and spend more.
The next time you get that paycheck think about where it came from and how you will contribute to the world of business.
Isaac Jon is an Online Entrepreneur, founder of Ganston Reed Publishing & FocusOn1.com and Expert Ezine Author.
Isaac was taught real-world entrepreneurialism by UK Entrepreneur Nick James.
He has lots of free business building articles and content which can be found at his personal Web Log.
http://www.focuson1.com/
Isaac's primary goal is to "provide good information, about simple business principles which can consistently produce the results needed to make a profit."
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