Now, we basically have to change our views slightly.

But also to those who clean and organize the whole thing.

A spilled Latte Macchiato is not a Latte Macchiato.

There is the maker's serial number.

System integrators, not only supporting, servicing, and integrating your products but potentially tens of others.

It is the tax for a society built on dependency.

In the private sector, when you squeeze that kind of additional value out of a fixed cost investment, it's called a billion dollar company.

If an amount of money is taxed like this

And as we go up this curve, we're seeing higher value added at each step.

(Applause)

What's also interesting, if you look at products that have a high component of what you might call messaging value, a high component of intangible value, versus their intrinsic value

It involves limited raw materials.

LOLcats is communal value.

And it has no VAT.

The upper right hand corner is where you want to be.

Vendor

Anyway, this is, I think, just the big picture investment adds value to society.

Or if the DVD has special features.

They can produce the same goods at a far lower cost.

Amazon makes a great business because in fact they could do 1 day delivery or they could do 2 day Premier Service.

She hired seemingly unemployable men and women to care for the bees, harvest the honey and make value added products that they marketed themselves, and that were later sold at Whole Foods.

Manufacturer

Manufacturer

In general, there are three types of taxes value added tax (VAT)

Now what's our mantra of this day and age I wonder?

Next thing I learned is that

This idea that you can actually create, if not gold, then at least added value by mixing traditional ingredients, like normal apartments and normal parking, and in this case actually offer people the chance that they don't have to choose between a life with a garden or a life in the city.

So each portion of this channel is adding higher and higher value.

Now what's interesting is this higher value added comes with a cost.

The brain isn't divided into compartments.

If you have an idea, send it back to us.

There's a partial serial number.

Now, in the web, it might be the cost my engineers.

But in a physical product, it might be the costed bill of materials coming out of my factory.

It's indigenous to China and the Far East, but given that the prevalence of malaria is here in Africa,

Ushahidi, by contrast, is civic value.

The price of this article does not cover the cost of its manufacture.

Hopefully we added value.

But if you're just a regular blogger, and all you're doing is here's a quote from one site, and you're adding some value.

And the marketing complexity, would simply just say toner for you printer.

VAT is inserted at the end of the value chain and clearly declared.

Our vision is local manufacturing,

And so the first of these that I will focus on the first is the price of competing products.

This dollar would be 1.11 to the third.

If however, you bought some wool from the shepherd and charged a premium for converting it into a hat, you weren't actually creating value, you were exploiting the shepherd.