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Showing posts from July, 2011

"Do you really get it?"

I've, many times, discussed the requirements needed to make a thing a commodity. The primary requirement is fungibility. Fungibile----(especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind. Crude Oil, precious metals, currency....these are fungible items. Technology, especially telecommunications, is very difficult to understand. The massive differences on how technology is truly delivered is one of it's primary downfalls at being properly valuated. Big sentence, right? But accurate. Every strand of fiber, every node in a network, technicians, engineers, billing platforms, service managers, etc...etc....etc. I train weekly, strive to keep updated on changes and developments in my industry, and am fairly technical for a sales rep (which is like being the prettiest waitress at Denny's)....but I bust my ass to stay relevant. There are many times that I just don't get it....it&