Organic Technology The general public widely knows the concept of negative externalities in the broader scope of capitalism; a great example is a factory that sells products but emits black soot into the air, hurting people’s health in their neighborhoods. A negative externality is a cost to a third party from consuming a product. One example is the recent case of PCB, or polychlorinated biphenyl, pollution by Monsanto in Anniston, Alabama, beginning in 1929.
We live in a new era. It is possible to start a business with a laptop and an internet connection. As a long time consultant and entrepreneur, I have come up with a framework that works for me. When evaluating who to work with and what project to work on, I think of PPEAR or “pear”.
P(Passive)
P(Positive)
E(Exponential)
A(Autonomy)
R(Rule of 25%)
Passive Does this action lead to passive income: books, products, investments?