Technology

Phone evolution: the journey from the first phone to the VoIP phone

No one is unaware of the fact that the first telephone was invented by Alexander Graham Bell in March 1876. This is where the field of modern day telecommunications originates from.

This invention might not have attracted much attention, which Bell’s dim expectations said, but it was the Centennial Exposition in Philadelphia that the Emperor of Brazil, Dom Pedro de Alcántara, became aware of this rather man-made invention. interesting. He couldn’t help but be surprised by Bell’s deep creativity, which was reflected in his creation, the telephone.

In the early days, the phone was only seen as a luxury of life rather than a commodity. It only gained more popularity as an essential means of communication around the time that many corporate and government offices started using it.

During the 1880s, when metallic circuits were introduced, they took over long-distance communications. However, for a decade, its use remained restricted to a certain class that could afford the high calling charges. Until in the 1890s, with the rise of the party line, it became convenient for people living in rural areas in particular to split the cost of the line used by many.

Prior to 1891, calls were made by exchange operators, but until a new direct dialing system. Then there it was putting the telephone to its best use in 1927, when the first transatlantic telephone call was made with the aid of radio waves. It was during the time of World War I and World War II, when the telephone went through an important period of development, all thanks to the enormous expenditures made by the Department of Defense to ensure more secure communication. This series of advances also led to the creation of the first mobile phone system, which easily connected mobile vehicles to phones using radio waves.

In the 1960s era, transatlantic cables were introduced to make it easier to dial international calls.

However, the biggest changes in the history of telephones occurred in 1962, when the first TelStar telephone satellite was launched. Telstar was a joint commercial venture between Bell and NASA to bring a more advanced form of communication. This paved the way for satellites rotating within geosynchronous orbit to be used to make long-distance calls directly without relying on cable lines, not to mention the suffering due to repeated cable damage and repair pain.

Fiber-optic cables were first introduced in 1977. In the mid-1980s, fiber-optic cable took precedence over other modes of telephone transmission, as it could facilitate more calls with less interference, compared to its predecessor methods. It could transmit information more quickly to areas farther away, and it strongly withstood any mishap, particularly lightning. In short, it offered a series of advantages and was safer than other modes. Due to the benefits, these fiber optic cables began to be used for computers as well.

After the US government relaxed regulations on phone service, AT&T faced stiff competition from MCI, Sprint and many other local companies. This paved road for fiber optic lines was widely used in all industries, even started to be used for natural gas pipelines and railways.

It was in 1973 when Dr. Martin Cooper belonging to the Motorola Corporation created the first cell phone call using a portable phone, namely the Dyna-Tac. After a successful test run, he was introduced to New York Public. It was in 1977 when the cell phone became popular among the people. The models initially featured seemed a bit larger and commonly used by those used to keeping in touch using the two-way radio mode of communication. At that time, one could not imagine that it would be used by everyone. Cell phones operated with small “cells” for the range of service, to increase the ease of handling more calls. Cell phones made it possible to handle a greater number of calls at once in an area.

Initially, however, primary cellular services used more of an analog technology system, running at 800 megahertz non-stop. Over time, the industry increased the standard to 1850 MHz with PCS. In 1988, a committee, namely the Cellular Technology Industry Association, was formed to formulate guidelines and establish regulations for cellular service providers and functioned for the development and growth of the cellular telephone industry. Today, we have approximately more than 60 million wireless customers, a staggeringly large number for a service that began commercial operation just thirty years ago.

Nowadays, we use digital cell/mobile phones, instead of analog phones. Digital technology transfers data in the form of “pulses.” The benefit of digital signals is that they are transmitted more securely compared to their analog competitors, and provide more efficient bandwidth and better sound quality. You can even share videos and photos while browsing the Internet. All at the same time integrated inside your phones.

However, in digital technology there is a small problem with coverage. For example, due to three different technologies that a cell phone uses, in case you are using a TDMA (time division multiple access) system but you are moving in an area that serves CDMA (time division multiple access) digital coverage, code), then you may have to face technological problems.

There’s a perfect solution for it and the analog-digital technology coupled with changing cell phone providers. In this way, you can get excellent coverage for all types of communication, with high speed and unmatched quality.

Talk of the first “voice conference” being used could be the time when partial lines were first introduced in the early days of the phone. Although, at that time, the only benefit that people could look for in partial lines was the economic factor, there was the problem that several people in different locations could pick up and speak on the same one simultaneously, which created a situation of listening and zero element of privacy.

The idea of ​​calling a number of people, which was initially derived from part lines, was revived again but this time in a better and more private package. It was time constrained and could only be accessed in times of need.

Following this notion, companies from all over the world began to offer services, which coordinated a facility for telephone conferences for companies, granting them fixed rates, monthly installments or depending on the number of calls made. This was fruitful as he saved travel expenses and other call expenses. They provided a trained operator to allow connections between each participant on a dedicated line. In this way, a group of people could easily communicate with each other at the same time. Service providers offered affordable rates to their customers.

Sooner, many telephone manufacturing companies, such as Polycom, AT&T, and Panasonic, developed office phone systems that allowed office users to invite a customer, put them on hold, and then call someone else. This helped create a multi-connection setup for callers to easily communicate with more than two people at a time to discuss important business.

The Internet arrived, which turns out to be the best means of communication ever created throughout the history of humanity. The Internet has accelerated competition among telephone service providers, particularly challenging the installation of audio conferencing and the cost of long distance calls. However, they have reduced their calling costs to a greater extent, however, the unbeatable broadband phone or Internet phone is becoming everyone’s favourite, surpassing its competitor, the traditional phone, because it is so much cheaper and affordable.

Voip, which stands for “Voice over Internet Protocol,” is now the most popular means of communication because it charges only per call, with no regulatory taxes or hidden charges like the charges charged by traditional phone companies. VoIP phones or broadband phones use high-speed Internet to work and allow you to enjoy the same quality of service that traditional phones offer. You can not only make calls with your voip phone, but also the high speed internet phone allows you to enjoy high speed data transfer services such as data sharing, audio conferencing and video conferencing. With voip, you are guaranteed to save a lot on your calling and communication needs.

VoIP offers you conference call facilities to network with multiple groups or parties, no matter what their geographical locations are. This allows clients to connect with their clients spread across the globe and arrange a virtual meeting online. Today, VoIP calling solutions are being provided by Axvoice, Vonage, 8×8, Voxwire, Packet 8, TTCGlobalTalk, and VoiceCafe among many others, providing excellent quality of service.

Technology

How an eSignature Solution Improves Workflow and Efficiency

How an eSignature Solution Improves Workflow and Efficiency

Businesses with documents that require signatures can benefit from eSignature solutions. These can be delivered via secure text messages, web or mobile apps.

An electronic signature solution should automate as many touchpoints as possible to save time and improve data accuracy. Learn how to identify key evaluation criteria when choosing an eSignature solution.

Improved Collaboration

The old-fashioned way of signing documents – receiving paper documents, providing your John Hancock and mailing them back – can slow down workflows, create a poor customer experience and be costly for businesses. E-Signature solutions help to eliminate these interruptions and increase productivity for everyone involved.

The first step in streamlining a business process with an esignature solution is to identify where and how signatures are needed in the workflow. Businesses can use document workflow mapping tools to map out the steps involved and the associated touchpoints in order to get a better understanding of where the bottlenecks are and how they can be improved.

Proposal to Payment

Once the document flow is mapped out, it’s important to think about how your customers will access their documents for signing. Typically this is through email but some solutions offer the ability to present documents via secure text message or web browser for even more convenience.

Natterbox, for example, uses Conga Composer and Sign to streamline their proposal and contract process, eliminating paper and allowing them to deliver a more consistent experience across all customers. This not only speeds up the process for their sales team, but it also helps to improve data accuracy and compliance with COVID-19 regulations.

Reduced Time

When it comes to managing document processing, manual processes can be expensive and time consuming. Eliminating this expense through the use of eSignatures can also increase staff productivity and satisfaction. The ability to remove human error from the process means that documents are sent out on time and without delay, which can help speed up contracts, proposals and more.

Rather than waiting for an email or downloading an app, a mobile-optimized eSignature solution can ask customers to sign in the moment they’re interested in making a purchase, saving them valuable time and creating a better customer experience. In addition, it can pre-populate forms and documents with transactional data for an even faster signing process.

Finally, an eSignature solution can eliminate the need for printing, scanning and faxing, which are not only inconvenient but also create an unnecessary environmental footprint. In addition, the ability to send documents from a desktop or smartphone means that it’s easier for staff to sign on the go and reduce office interruptions.

It’s crucial to consider your organization’s culture when implementing an eSignature solution. Make sure that all staff members, from frontline workers to the CEO, understand the benefits and have the necessary training needed to adopt the new system. A slow, gradual approach can also be helpful to avoid workflow obstructions and ensure that everyone is comfortable with the technology.

Increased Security

Unlike paper documents, an eSignature solution can be used with any device. This allows users to review, sign and return documents from anywhere in the world using a smartphone, tablet or computer. Using an eSignature tool also saves time by eliminating the need to print, scan and mail documents. This can cut down on process delays and enables your staff to work more effectively.

Whether you’re looking to improve workflows for customers or internal teams, an eSignature solution is an easy way to remove bottlenecks. This will help your team complete their tasks in a timely and efficient manner, giving you a competitive edge.

It will also allow you to verify the authenticity of documents by creating a digital audit trail. This will show you who prepared, signed and modified the document along with a timestamp. This will protect you from any legal liability, and is especially useful if your company has stringent compliance standards.

Additionally, many eSignature solutions provide customizable and branding options for your documents and signature experience. This can enhance customer satisfaction and give your business a more professional look. You can even choose to integrate the tool with your existing apps to streamline the signing process. This will save your teams time and money while reducing the risk of errors and disruptions. This will ensure leaner turnaround time and boost productivity throughout your organization.

Improved Compliance

When you use an eSignature solution, you can be sure that each document has a full version history and all signatories are recorded in detail. This helps you maintain strict compliance and auditing of your processes – especially in areas like data protection, securing documents with passwords and encryption, and ensuring that documents are only signed by authorized people in trusted locations.

In addition, eSignature solutions enable you to create signing sequences, add mandatory signature fields to documents and ensure that they’re signed in the correct order. Depending on the needs of your business, they can also deliver documents via email or as links that can be accessed in web or mobile apps. This increases your responsiveness and allows you to better serve customers, particularly when they’re away from their desk or using outdated tools.

Unlike the old way of submitting documents by paper, which often led to contract delays due to lost or misplaced contracts or the time it took for them to reach the right person in your company, eSignatures can eliminate these workflow obstructions and speed up your business. That means that your sales teams can close deals faster, employees can get reimbursed quicker and accountants can finish their monthly financials sooner. This all translates into more business opportunities and better customer experiences. For example, Claremont Graduate University is able to accelerate its workflows and increase revenue with airSlate’s eSignature automation for adjunct contracts and student applications.

Technology

What Are the Advantages of Using Free Android APK Download Sources?

Android APK Download Sources

Android users have many ways to download and install apps on their mobile devices. Some of these methods are better than others, and some come with risks that can affect the device’s security and performance. Some of these risks include malware, viruses, and other unwanted software. However, if users exercise caution and know where to get legitimate app files, they can avoid these risks and enjoy the benefits of using free Android APK download sources.

APK stands for Android Package Kit at www.apkappfree.com, and it is the file format used by Google Play to distribute and install apps on Android-powered smartphones and tablets. The files are compressed archives of all the components that an app needs to run, including code files, images, and resources. They are designed to be smaller than executable files, making them easier to download over slow cellular networks and unpack on devices with limited storage.

The APK format is also convenient because it allows users to bypass restrictions put in place by app stores or manufacturers. This can allow users to access apps that are not available on their countries’ Google Play Stores or that may not be compatible with their devices.

What Are the Advantages of Using Free Android APK Download Sources?

There are several sites that specialize in providing APKs for a wide range of apps. Several of these are considered safe to use, including Softonic, which has a huge selection and a policy against featuring modded or hacked apps. Another good option is F-Droid, which offers only open-source apps that are vetted by the community. This makes it one of the safest places to get apps for Android.

Some of these sites allow users to customize their Android devices with custom launchers and themes that are not available on the Google Play Store. These customization options can give the user a much more personalized experience and make their smartphone or tablet stand out from the crowd. In addition, some of these sites offer the latest version of an app before it is officially released, giving users access to new features and bug fixes before other users can get them.

While there are many advantages to using free Android APK download sources, it is important for users to exercise caution and know where to get their files from. Some of these sites can contain malicious software or other unwanted files that could harm the device or steal personal information. Additionally, some of these sources can be difficult to navigate and are not always updated regularly.

In light of these risks, it is best to stick with the Google Play Store when looking for apps to download onto Android devices. Users should be wary of downloading from any other source, especially if they are not familiar with it. By following the tips and best practices listed in this article, users can avoid the most common security risks and enjoy all the benefits that come with using free Android APK download sources.

Gaming

JVSpin – Latest Version For Android – Download APK

JVSpin – Latest Version For Android

If you are a fan of gambling on your mobile phone, you should definitely check out the JVSpin app. This site has a full-fledged online casino catalog with a huge selection of games and bonuses that will make your experience on the go much more exciting. The application is designed for modern smartphones and tablets running on the Android OS. It quickly adapts to the size of the device and does not require a large amount of free memory to run properly.

The site features a wide range of online slots. They include video, 3D and jackpot slots with eye-catching graphics and lucrative bonus features. The platform also offers a variety of table games like baccarat, blackjack and roulette. In addition to classics, you can try out skill-based card games like Indian Poker, Red Dog, Blackjack Switch and Beat the Joker.

There are several types of dice games at jvspin app, including Craps and Sic Bo. These games are perfect for brushing up your skills and winning big prizes in the process. The casino also offers free play versions of these games for players to practice before making the real money wagers.

JVSpin – Latest Version For Android – Download APK

To make your gaming experience even more pleasant, you can choose from different payment methods that include e-wallets and bank cards. There are no transaction fees, so you can deposit and withdraw your money at any time of the day. The site accepts major currencies from around the world, including Russian rubles and US dollars. Moreover, the casino also supports popular digital currencies such as Bitcoin and Ethereum.

One of the biggest advantages of JVSpin is that it has no minimum deposits and wagering requirements. This makes it easier for new players to get started and earn real cash rewards. Besides, the website has an extensive VIP program for loyal punters. The website offers 8 levels and rewards with valuable prizes and service benefits.

Aside from the impressive collection of casino games, JVSpin has a convenient and easy-to-use mobile platform that allows players to enjoy gambling on their phones with no limitations. The mobile site has a responsive design that fits any screen size and can be accessed from any supported mobile browser. The site also has a handy search bar that helps players find the game they want.

To install the JVSpin app, visit the site on your mobile device and click on the app installation button on the page. The website will check the software compatibility with your device and prompt you to start downloading it. After the installation is complete, you can log in to your account and start playing your favorite games. If you have any problems, feel free to contact customer support via a live chat or email. JVSpin has a professional team to help you out anytime of the day.

Digital Marketing

Googling their corporate secrets

Google and your website: a blind alliance

Suppose you have a website “onlineshopperdowrycom” and when you search for it on Google with keywords “online shopping website” You can get a sneak peek of your website’s page results and other websites related to your keyword. That’s pretty universal, as we all urge Google to search and index our websites. This is pretty common for all eCommerce websites.

A. Your website “onlineshopperdowrycom” is directly allied with Google.

B. Your website and your web server (where you store all usernames and passwords) are directly related to each other.

C. Alarmingly, Google is indirectly allied with your web server.

You may be convinced that this is normal and not expect a phishing attack using Google to retrieve information from your web server. Now, on second thought, instead of searching “online shopping website” on Google, what if I search “online shopper website usernames and passwords”Will Google be able to provide the list of usernames and passwords for the online shopper website? As a security consultant, the answer will be “MAYBE SOMETIMES!”, but if you use Google dorks (proper keywords to access Google), the answer will be a big “YES!” if your website ends up with missing security settings.

Google Dorks can be intimidating.

Google appears as a guardian of service until you see the other side. Google may have answers to all your queries, but you need to frame your questions correctly and that’s where GOOGLE DORKS steps in. It is not a complicated software to install, run and wait for results, rather it is a combination of keywords (qualification, inurlwebsite, text, allinurl etc) with which you can access Google to get exactly what you are looking for.

For example, your goal is to download JAVA related pdf documents, normal Google search will be “free java pdf documents download” (free is a required keyword without which any Google search is incomplete). But when you use Google dorks, your search will be “file type: pdf in text: java”. Now, with these keywords, Google will understand what exactly you are looking for compared to your previous search. Plus, you’ll get more accurate results. That looks promising for effective Google search.

However, attackers can use these keyword searches for a very different purpose: to steal/extract information from your website/server. Now, assuming I need usernames and passwords that are cached on the servers, I can use a simple query like this. “file type: xls password site: en”, this will give you the Google results of the cached contents of different websites in India that have saved usernames and passwords. It’s as simple as that. In connection with the online buyer’s website, if I use an inquiry “file type:xls passwords inurl:onlineshopper.com” the results could discourage anyone. In simple terms, your private or confidential information will be available on the Internet, not because someone hacked your information, but because Google was able to recover it at no cost.

How to prevent this?

The file named “robots.txt” (often referred to as web bots, rovers, crawlers, spiders) is a program that can traverse the web automatically. Many search engines like Google, Bing, and Yahoo use robots.txt to scan websites and extract information.

robots.txt is a file that gives search engines permission what to access and what not to access from the website. It’s a kind of control that you have over the search engines. Setting up Google dorks is not rocket science, you need to know what information will and will not be allowed in search engines. The sample configuration of robots.txt will look like this.

Allow: /website-content

Disallow: /user-details

Disallow: /admin-details

Unfortunately, website designers often overlook these robots.txt settings or set them inappropriately. Surprisingly, most of the government and university websites in India are prone to this attack, revealing all the sensitive information about their websites. With malware, remote attacks, botnets, and other types of high-level threats flooding the Internet, Google’s fool can be more threatening, requiring a working Internet connection on any device to retrieve any sensitive information. This doesn’t end with sensitive information recovery alone, as with Google’s fools anyone can access vulnerable CCTV cameras, modems, mail usernames, passwords and online order details simply by searching on Google.

Legal Law

Know? – Email more security

How secure is the information you send via email?

Many people I talk to have the misconception that sending an email is just as secure as sending a letter through the US mail. Simply put, that’s not the case. The US Post has a secure process that includes controlled physical access to your letter by only approved and monitored equipment and staff.

By comparison, every email message you send travels through an unknown number of servers, switches, routers, and electronic equipment, bouncing along the digital highway on its way to its intended recipient. There is no way to control which wires, servers, and computers your email goes to, and anyone with the knowledge and timing can intercept, review, and alter any email that touches your electronic equipment. Then your email touches your team = they can do what they want with the information contained or attached.

That’s why I say that email is more like a postcard than a sealed envelope. Your information is actually out there and you never really know who may have read it along the way.

What about the email you receive?

In addition to worrying about the confidentiality and security of the information and files you send in outbound communications, you also have to worry about the emails that are received by your domain and downloaded to your email application. Just one wrong “OK” from you or an employee (or anyone on any computer) can wreak havoc on the machine itself, the network it’s connected to, and worse, can be replicated and sent to your contacts and therefore infect them too!

Three of the most common incoming email threats are:

1.PHISHING

According to the free encyclopedia wikipedia.com, phishing is any attempt to fraudulently acquire sensitive information, such as passwords and credit card details, by posing as a trusted person or company in an electronic communication. Typically, phishing is carried out through email and instant messaging.

You’ve probably received messages like this, from banks, Paypal, credit card companies, and financial institutions, many of which you’ve never heard of or never have an account with (hence it’s called “fishing”). These messages can look real enough with appropriate logos and great motivational copy about some problem with your account; But do not be fooled!

Never navigate to your bank or other online service provider for which you need to enter a password through an email you receive. Never! (Read the sentence one more time so you don’t forget when you’re doing 100 other things!)

Instead, open a new, secure browser and sign in to find customer service information in your account. You can also call the customer service number listed on your online account to report the phishing email.

2. VIRUSES

A computer virus is a program that can copy itself onto a computer without the permission or knowledge of the user/owner. A computer virus reproduces by making copies of itself in the computer’s memory, storage, or network.

3. WORMS

A computer worm is a self-replicating computer program. It uses a network to send copies of itself to other computers on the network. Unlike a virus, a worm does not need to be attached to an existing program. Worms typically damage the network, while viruses infect or corrupt files on a target computer.

In many cases, computer viruses and worms are an attachment or embedded link in an email.

That’s why you should never open an attachment or click a link in an email received from an unknown recipient. In fact, even if you know the sender, be careful and pay attention. How else can you be sure you’re not clicking something a contact may have done by mistake! Certainly, when in doubt, opt for no.

Let’s face it, email isn’t going away anytime soon.

That’s why it’s more important than ever that email users understand the inherent risks of transmitting personally identifiable or company information and records via email.

When used correctly and with the intent to protect your personal and business information, as well as the equipment you use, email can be the technology that literally sets you free—from your office, your desk, and even the 9-week grind. 5. . This is how I started!

But when it’s not used correctly, when social security and credit card numbers are openly e-mailed, bad, bad things happen (usually to very nice people!).

Don’t let that happen to you. Use email wisely.

Lifestyle Fashion

Is pomegranate juice good for body detox? Find out the truth about cleaning your system

Your body is packed with organs, such as the colon, liver, and kidneys, that deal with the toxins that enter your body every day. It has its own mechanisms and processes that keep the body away from waste materials and chemicals. For example, use alkaline materials to neutralize acids.

Detoxification is a natural process that the body can perform. The problem is, when the organs responsible for this natural process are overwhelmed by all the toxins from processed foods, air pollution, and unhealthy eating habits, the body’s ability to cope is low. Toxins are stored in the body and soon become toxic when they stay there for a long period of time. You need to give your body the resources it needs to get rid of this waste.

One way to get bioavailable nutrients into your body is to drink juices. All the nutrients you get from fruit juices will help your cells work well to get rid of waste products. Remember to use organic fruits or a mix of organic fruits and vegetables to get the best amount of vitamins, minerals and antioxidants needed by the body.

Pomegranate juice to cleanse your system is a good idea. Although the fruit is only native to areas like Iran and the Himalayas, it has garnered a lot of attention due to its potential to combat, prevent, and cure diseases. What it can do to the body is amazing. Pomegranate juice is known to contain nearly three times the amount of antioxidants found in green tea or red wine. It also has about the same amount of potassium as a banana. When preparing this juice, you can use the whole fruit, including the peel. There are also easily prepared juices available in the market. However, if you are lucky enough to buy a fresh, raw pomegranate, then it would be better.

Real Estate

Unfair Advantage Book Review by Robert Kiyosaki

As a member of Rich Dad World, I downloaded the online version of this book for a limited time offer only. This book offers many important financial lessons that will make you realize the importance of being in the B and I quadrants, which I would like to summarize below.

The school system teaches students to be employed and does not prepare them to make sound financial decisions. Financial education in schools teaches children to send money to the government and banks. These kids grow up and don’t know the difference between a good investment and a bad investment; good and bad advice. True financial education allows you to tell the differences and get people to send you money. Many of the billionaires in the top ten on the Forbes list don’t have a formal education like having a degree. They knew that school is not the place for them to be who they are today.

In the US, taxes are the biggest expense for people in the E and S quadrants. Getting the right tax advice from the right person is key. The right tax advisor should be able to help you reduce her taxes. With the money saved, it could be channeled into other investments to build your income-generating assets. There are three types of income you pay taxes on:

• Ordinary income: This attracts the highest tax rate, meaning the more you work for money as an employee or on your own, the more tax you pay.

• Portfolio income (also known as capital gains): This attracts the second highest tax rate, meaning the more your money works for you, the less you pay in tax.

• Passive income – this attracts the lowest or zero tax rate, meaning other people’s money works harder for you; you pay less or even no tax.

I agree with Robert that savers are now losers as banks give lower interest to save money in the bank account. Since President Nixon removed the US currency from the gold standards, money stopped being money and became debt. Countries are quick to devalue their money by printing large quantities to help increase their exports to other countries. This increase in inflation thereby decreases your purchasing power, that is, groceries have become more and more expensive. So if you can use the debt to buy assets and put money in your pocket, that’s really an unfair advantage. Many people have become impoverished because they used debt to buy liabilities that take money out of their pocket, worst of all, they think that liabilities are assets.

Robert explains why the next couple of words are oxymorons for those without a financial education. An oxymoron is words that contradict each other. They are 1) Job Security 2) Saving Money 3) Safe Investments 4) Fair Share 5) Mutual Fund 6) Diversified Portfolio 7) Debt Free. Risk is inversely related to control. If you have less control, it means that the risk increases in your investment. Rich Dad advised Robert to learn three things if he wanted to be rich like Rich Dad in both the B and I quadrants. The three things to learn are:

• Sale (income control).

• Real estate investment (debt control).

• Technical investments (control markets).

All fund managers advise people to diversify into a portfolio of stocks, bonds, and mutual funds. For those without a solid financial education, you might think this is good advice. However, the fund manager is still putting your money into an asset class that is paper assets. The four basic asset classes that Robert invests in are 1) Businesses 2) Real Estate 3) Paper Assets 4) Commodities. The more he learns and knows about these asset classes, the more control he will have and his risk will be reduced.

Different kinds of people focus on different places on the income statement and balance sheet. The poor focus on spending. The middle class focuses on the bottom. The rich focus on assets. The rich don’t work for money, they make their money work hard for them. Applying the three laws of compensation will allow a person to enjoy an infinite return on investment, leading to enormous wealth.

I agree with Robert that we need two types of schools. One suitable for those who want to be in the E and S quadrant and the other for the B and I quadrant. In Singapore, there are some efforts to encourage entrepreneurship; Some courses related to it have been established as “Escuela de Emprendedores”. However, this is not in the core curriculum leading to the degree programme. So I doubt what Robert proposed won’t be seen here for a long time until the US has a breakthrough in its education system.