Knowledge – Knowledge Management and Educational Entrepreneurship

Introduction

Curiosity is basic human instinct. It is natural gift for every human being. On account of curiosity, people want to know ins and outs of everything. Acquisition of knowledge is thus basic demand of human nature. Knowledge is acquired through education, observation, and experience; however it is preserved, improved, and transferred through reflection, application, and teaching. A person cannot work or grow without knowledge. Knowledge is utilized at all levels of life, both individual as well as collective, invoked on all occasions of life, both simple as well as complex, used on all spatial settings of life, both natural as well as artificial, and applied on all temporal moments of life, both temporary as well as permanent. It plays vital role in survival, growth and development of a person or a nation. It gives productivity to individuals, quality to institutions, and majesty to nations. Knowledge is unavoidable for workers / professionals and inevitable for leaders / entrepreneurs. It gives efficiency to followers, effectiveness to managers, and greatness to leaders.

Knowledge is the understanding of factual, procedural and conceptual aspects of information that a person acquires through education, observation and experience. It enhances the understanding level of mankind. It unearths the realties of time-space phenomena and gives definite clues to life and lifeless objects of cosmic economy. For example, Divine System of Growth, Body-Mind Duality, Mind-Soul Phenomena, Natural Forces, Social Linkages, Economic Links, Political Relations, and History Forces are outcome of learning efforts. In short, knowledge gives vivid picture of cosmic realties, both tangible as well as intangible.

Knowledge is formal as well as informal. The Informal knowledge is subjective and non-coordinated. It can be learned or taught by anyone. On the other hand, the formal knowledge is objective and coordinated. Formal knowledge is learned or taught through educational institutions, so that these institutions are vital for society and individuals. They create knowledge, give new dimensions to exiting knowledge, improve knowledge profile of an individual, enhance knowledge repertoire of society, transfer knowledge among students, and organize knowledge-seekers / knowledge-givers. The productivity and quality of educational institutions is vital for superior individuals and elegant society. The quality and productivity of educational institutions depends on efficient-effective approach towards knowledge management. Knowledge Management means to unearth, create, acquire, transfer, and utilize the knowledge in order to produce superior individuals / quality institutions / majestic nations.

Bases of Human Knowledge

The very bases of human knowledge are human senses, instinctual thrust towards new information or curiosity, and reflective ability of human mind. The prominent senses are sight, hearing, smell, taste, and touch. The related sense organs are eye, ear, nose, tongue, and the whole skin. A person gets information through sense organs, reflects on it, and finally shapes some propositions on acquired information. A set of propositions is called knowledge. Knowledge is thus shaped through experience and reflection. Intellect is used to interpret sense experiences. Intellect is naturally bestowed mind power to analyze or synthesize information. Reflection is an activity of intellect. In addition, necessities of life provide bases to knowledge driven activities.

Types of Knowledge

Knowledge is defined as the information, understanding, and skills that one gets through education, observation, and experience. Knowledge can be classified into following groups:

  • Natural Sciences: – Natural sciences deals with inanimate objects of universe. The major branches are physics, chemistry, and astronomy.
  • Biological Sciences: – Biological Sciences deals with animate objects of universe. The major branches are zoology, botany, and psychology.
  • Social Sciences: – Social Sciences deals with collective life and relationships between individual and society. They reveal, too, temporal perspective of interactive linkages. The major branches are sociology, political science, economics, and history.
  • Professional Sciences: – Professional Sciences deals with professions of individuals necessary for human survival. Professions improve quality of life of people. The major branches are medicine, engineering, and commerce.

Aspects of Knowledge

A peace of knowledge can be broken into three categories or has three aspects – Declarative, Procedural & Conceptual.

  1. Declarative Knowledge: – It is knowledge about something, e.g., structure of body, structure of computer, format of earth, and parts of speech. It deals with WHAT type of questions.
  2. Procedural Knowledge: – It is knowledge about the procedures and sequences. It narrates and explains procedures & sequences of any compiled information or data, that is, it deals with HOW & WHEN type of questions. For example, HOW computer is manufactured or used, WHEN computer is ready to use or sale.
  3. Conceptual Knowledge: – It is knowledge of concepts working behind the declarative and procedural knowledge. It is abstract aspect of knowledge. In conceptual knowledge, the relationship among concepts is also discussed. It deals with WHY type of questions. For example, the mathematical concepts and their relationship with each other that provide basis to the working of computer hardware or software.

Learning – Language Duality

Language is inevitably linked with learning phenomena, existence of one leads creation of other. A person must give some name and meaning to a piece of information or some event. During pre-linguistic era, symbols were used to understand/explain and to learn/teach something. Learning-Language duality, thus, is inherent ability and attribute of human mind. Human thought process adopts generally mother tongue to conceptualize things. It is noteworthy that a person can adopt multiple languages for thought process. The multi-lingual ability of thinking is developed overtime. Initially, mother tongue is soft option for knowledge development. At higher level, an objective or balanced approach can be applied for other languages. A lop-sided or subjective approach towards learning-language duality is harmful for individuals and nations.

Knowledge Development & Knowledge Experience

Knowledge is continuously evolving asset of mankind, its growth and development is materialized in leaps and bounds. Countless individuals are busy in its continual progress. Knowledge development is comprehensive process; it deals with subjective as well as objective sources of data / information. Our inner and outer senses are constantly receiving data from inner, outer, and divine sources. The inner source of knowledge is pre-conscious, the outer sources of knowledge are animate & inanimate objects of universe, and the divine source of knowledge is Divine Conscious. The inner source of knowledge is subjective as well as objective, the outer source of knowledge is purely objective, and the divine source of knowledge is subjective. Man gives a name/meaning to these data and it becomes information. A piece of information is converted into some coherent schemata; coherent schemata give shape to knowledge. A systematic knowledge adopts a practical shape during interactive life, consequently, the pearls of wisdom are created or materialized, ready to use. A knowledge traveler starts from identification of something new or novel, interpretation is secondary during knowledge journey, classification is third phase on learning curvature, and finally execution/application is made to internalize/marginalize the new findings with previous findings. During internalization a piece of information becomes part of knowledge, while during marginalization a false finding is discarded. The knowledge experience, thus, has five phases – Identification, Interpretation, Classification, Execution/Application, and Internalization / Marginalization.

Knowledge Management

The effective utilization of knowledge or knowledge management is solution to many problems of present day life, both simple as well as complex. The real understanding of bases, types, and aspects of knowledge enables us to manage knowledge for the betterment of humanity. It is fruitful for all kinds of individuals working in various types of institutions. It is supportive for better and meaningful social relations, helpful for optimal and sustainable resource usage, inevitable for good governance, vital for psycho-spiritual satisfaction, and essential for physical health.

Knowledge management is dominantly activity of institutions. Institutions are outcome of an idea. The very bases of idea are necessity of people and curiosity of intellectuals. An innovative leader grasps the situation and shapes institution. So that institutional development and knowledge management are dynamically linked with each other. A better approach towards knowledge management enhances the efficiency and effectiveness of organizations, while an improved/innovative organizational practice develops/constructs knowledge assets. An innovatively evolved knowledge is, thus, essential asset of institutional world. Overtime, knowledge management for better organizational behavior has attained a scientific and systematic shape. Management is the ability to create, organize and utilize resources in an optimal manner, i.e., with efficiency – doing things right & effectiveness – doing the right things. Whereas, the knowledge management is to reveal, create, acquire, transfer, and utilize the knowledge for excellent outcome. Informational efficiency is essential cornerstone of knowledge management. An arrangement of data into a meaningful shape is called information. An efficient acquisition and effective distribution of information give comparative-competitive advantage to institutions. Moreover, it is supportive to innovations and makes an institution precisely responsive towards changes. During crises it provides better clues for re-organization or re-engineering.

At institutional level, innovational outcome is the most evolved stage of knowledge management. The first stage is collection of accurate data, the second is collection of meaningful information based on data, the third is imparting right information to the right people at the right time, the fourth is to take right decisions on available information, and finally to take right actions in order to shape innovations/innovative activities.

Knowledge Management & Educational Entrepreneurship

Life has two levels, individual as well as collective. The collective level is manifested through multiple ways such as tribes & clans, institutions & organizations, and state & intrastate blocks. Organizational level of life is complex phenomena of modern society. Organizations are multiple in numbers, multilayered in structure, and multidimensional in operations. We may classify the existing institutional phenomena into two broad categories – profit oriented institutions and welfare oriented institutions. The profit oriented institutions provide, primarily, sustenance and leads, lastly, towards better quality of life with more financial resources to their workers / initiators / stakeholders. The welfare based institutions provide some utility to individuals or community at large. Institutions, either profit oriented or welfare oriented, need multiple resources for initiation or operation such as natural resources, financial resources and human resources. The optimal usage of resources is based, significantly, on effective utilization of knowledge or knowledge management, without proper knowledge management these institutions cannot be run efficiently, effectively, and indefinitely.

Institutions and entrepreneur are dynamically linked with each other, so that, an entrepreneurial effort, too, has two aspects – economic and social. A profit oriented institution is initiated / operated by economic entrepreneur and welfare oriented institution is initiated / operated by social entrepreneur. Profit is outcome of multiple performance indicators and success factors. A scientific knowledge about the linkages among multiple factors leads towards better managerial practices. A wise utilization of already accumulated information brings normal profit, while a wise utilization of some innovative piece of information brings windfall profit. At welfare level, a social work is actualized by means of social linkages; a proper understanding and usage of social linkages enhance the social effectiveness of institutions. Effective usage of Knowledge is, thus, valuable for both, economic entrepreneur and social entrepreneur.

Educational institutions are dominantly welfare driven and partially profit driven. A unique approach towards knowledge management is required in order to attain maximum benefits from learning activity. Interestingly, the whole activity of educational institution revolves around knowledge. There is a group of knowledge-seekers or students, knowledge-givers or teachers, and knowledge-workers or managers. Knowledge management is inevitable for all groups. Learning strategies are required by students to absorb knowledge, teaching methods are used by teaching faculty to transfer knowledge, and managerial practices are applied by non-teaching faculty to disseminate knowledge, efficiently and effectively. In addition, the entrepreneurial activity of educational institutions is dominantly wisdom driven effort. Educational Entrepreneur differentiates and realizes economic as well as social goals on account of wisdom. Wisdom is based on knowledge, thus, knowledge is indispensable for educational entrepreneur.

Concluding Remarks – Current Scenario with Possible Caveats

Human Civilization has absorbed the ins and outs of information era. People now have immense information on every thing. We are now inhabitant of knowledge world. Societies/nations are recognized by their knowledge assets / knowledge workers. Flow of information or knowledge is swift, easy, and economical. Internet has become essential aspect of present day life. A person can acquire knowledge through clicking keyboard or dragging mouse. A great body of information is available with negligible cost. Virtual institutions are working on dissemination of knowledge. People share or publish knowledge with no cost through social media of internet. Virtual world has established varied platforms for knowledge development. The developmental journey based on information and knowledge will continue forever. People and societies will choose pearls of wisdom from Knowledge Ocean in order to realize prosperous and magnificent life.

Existing Scenario of modern civilization is promising however permanent care would be required to avoid vicious circle based on possible illusion of perfect knowledge. The situation may lead to knowledge traveler towards micro truths from knowledge development activities consequently a person may loose wider / hidden understanding of knowledge ocean. It has happened in 19th century. Scientists have become perfectionist towards their findings. They were painting only statistical picture of everything. In early decades of 20th century, Einstein, Jung, Gestalts, Keynes, Iqbal, Bergson, and Bertrand Russell broke the myth of perfectionism or micro truths. An exactly opposite situation may arise due to bulk of information. The information is mind boggling; a person may loose concentration consequently one can oversight potential / hidden realities of knowledge tree. The ultimate outcome of mental divergence is information without knowledge or knowledge without wisdom or wisdom without ultimate truth. Moreover, the easy acquisition/publication can make someone forgetful from deep insight of knowledge; consequently, the society would have information or knowledge without wisdom. The real assets of a society are wise people, enlightened with ultimate truths, rather than informative people, ignorant towards ultimate truths.

World Oil Deals – Are Fortunes Made As Intermediary in Oil and Petroleum Trade Deals?

A. THE GET-RICH-QUICK ETHIC IN THE BUSINESS

We call this the ‘get rich quick’ or ‘get rich overnight’ ethic or mentality. That is, the notion and thinking that just the mere involvement of one in the petroleum trading business, whether as a dealer or a broker, agent or other intermediary role, will almost automatically guarantee one a millionaire, in deed, a multimillionaire, station in life, and almost in no time at all! That is an ethic and mentality that has pervaded the common mindset and psychic of the average intermediary involved, or contemplating involvement, in the business today, and has been even particularly more heightened since the modern era of the Internet trading. In a word, it is a mentality that says that world oil deals and the petroleum trading are a business that is awash in wealth and fortunes and easily guarantees the intermediary who gets involved in it in any capacity at all, but in particular as an agent or intermediary of some sort, that, as one analyst put it, “you are going to be super rich next week or next month” by doing so.

Historically, in the past, over a period of several decades (and beyond), there has almost always been a sizable number of what could be called “professional middlemen” who operated in the oil and other commodity “secondary market” trading industries who are primarily but genuinely driven by the belief or inner conviction that working as an intermediary in the industry is a reasonable path to honest living which, if not leading one to an instant wealth, then at least to a reasonable means of livelihood and steady economic progress and well-being.

In more recent times, however, since the advent of the Internet and its increasing role as the dominant and preferred tool for conducting business among intermediaries, there has gradually shifted and developed, in stead, over the years, a “new breed” of intermediaries and middlemen (brokers, agents, etc) in the trade. Often given to far less education, training or apprenticeship in the trade than the previous pre-Internet generation of intermediaries, and usually having vastly less knowledge and experience in the art of international trading because of the greater ease of entry into the business afforded them by the Internet, as a group this “new breed” of post-Internet intermediaries and middlemen are generally less shackled by the normal moral code or ethics and decorum, and are more greedy and in a greater hurry to “strike it big and fast” by merely working as an intermediary. And, just as importantly, they’re in a greater hurry to clinch that elusive, dubious get-rich-quick ambition by any means whatsoever, including the scamming of unsuspecting or gullible international crude buyers, as such scheme is aided and made easier for them by the Internet and the easier cover of anonymity that it provides them.

In deed, as many knowledgeable observers and respected analysts of the industry have noted, the get-rich-quick greed and mentality have, in these hard global economic times of today (mid 2012), reached an even new, particularly frenzied high, as many crooks, scammers and fraudsters with actually no real crude oil to sell, have now trooped into the international crude oil selling business in unprecedented numbers, seeing that arena as a fertile ground for them in attaining their dubious ambition of “striking it big and fast.”

Robert McAngus (among many others), the Managing Partner/CEO for the Robert McAngus Group, has noted, with great lamentation, that phenomenon. In a 2004 article, McAngus voiced a rather ringing alarm at the escalated, often grossly unrealistic, divorced-from-reality kind of the commission fees being demanded, or expected, in recent times by brokers and intermediaries in the petroleum trading.

According to McAngus:

“Over the past few years, I have seen the fees charged to a possible transaction spiral upward in some cases reaching the astronomic heights of $30 USD per metric ton to be divided 50/50 between the buy side and the sell side. For God sake! Get a life! Or at least do the mathematics, on a simple 100,000 metric ton transaction using the figures I have quoted, that’s $30,000,000.”

McAngus continues, asking: “Please explain how we, as the buyers, are supposed to justify that amount of money to the bank at which we have our lines of credit, and perhaps if I have a reader at this point they can explain what the broker did to earn this amazing sum of money… I have no idea where the idea that fees of this magnitude are paid to brokers in an oil transaction [came from], or for that matter who in the transaction is going to pay them, certainly not me as the buyer!.”

A salient aspect of this common notion and thinking is that to attain this high financial status of instant wealth in the business, you need not necessarily have to work hard or to be trained or particularly experienced in and knowledgeable about, it, but can attain it by this doing basically nothing – other than, perhaps, just shoving around a few copied or bogus false oil trade deals documents on the Internet usually passed down to the particular intermediary from other fellow equally uninformed brokers and intermediaries.

B. BUT HOW TRUE OR REAL IS THIS THINKING?

The principal question, of course, is: How true or real or not is this general thinking, if any? Are fortunes made as intermediary in petroleum and oil trade deals? We shall address this issue pretty soon. But, first of all, let us address the general nature of this thinking, and its general genesis or origins.

C. A MAJOR INFLUENCE and FACTOR IN THE CREATION OF THIS MINDSET OF GREED & GET-RICH-QUICK MYTHOLOGY

There might, of course, have been some other significant relevant factors and influences to which the origins and genesis of this present-day phenomenon of get-rich-quick mentality in oil deals could be attributable. But, for our purposes here, suffice it simply to say that, based upon this writer’s own extensive research on the subject, there seems to be one dominant intellectual factor, above all, which has significantly influenced and aided a great many among the current breed of Internet brokers and intermediaries in formulating this conception of the nature of the oil trading business, and of the above-described current mentality of greed and get-rich-quick mythology that is widely prevalent among these players about the oil business.

And what is that factor?

Somewhat incredibly, that factor seems to be one rather obscure e-book rather appropriately titled “How to Earn $Millions in Oil Deal.” Its author is Mr. Sam Igwe, who goes by the alias Sam Nelson, said to be an operator of an oil consulting service since 2003. Credible research shows that an early, cheap, but powerful and influential Internet promoter and preacher of the gospel of the quickie-and-easy-wealth-from-service-as-a-petroleum-deal-agent, is this simple publication by Mr. Sam Igwe, alias Sam Nelson – titled “How to Earn $Millions in Oil Deal.”

D. The Basic Doctrine of “get rich-quick-with-no-work-or-effort” of the Nelson Publication

In point of fact, Sam Nelson’s “How to Earn $Millions in Oil Deal” publication lives absolutely up to the billing of its title as an ardent gospel that fervently preaches what the title denotes!

Though nominally stating at the outset that the book is “not a ‘Get Rich Quick’ book,” the book promptly asserts that “If you are searching for a sure, fast and genuine way to earn fast, steady, honest living and how to become a millionaire, I bet, this is the right book [for you].” The publication proclaims itself to be “the clear path to financial freedom,” it declares its prime mission as being to teach the reader “the long-held secrets of how to work smart and become a big-time Agent, millionaire within few months,” and asserts that it “is intended to open the eyes and minds of the readers to join the team of the big players in crude oil business.”

Regarding the amount of money the average intermediary agent or “facilitator” is to expect, Nelson asserts,

“• Do you know you can become an Oil Deal Facilitator and EARN Millions of dollars within few months? • Do you know you can become a Buyer’s or Seller’s Agent? • Do you know you can EARN $1,000,000 – $2,000,000 just for successfully closing one Oil deal within few months?” He adds that you can “induct yourself into the Millionaires Club!,” that you “can change your life forever by becoming an Oil Deal Facilitator and earn up to ($2,000,000) two million dollars within few months… [with only] a phone and an Internet access, your only investment is just this step-by-step (Manual).”

Nelson sums up his “attain super wealth overnight” doctrine this way:

“There are millions of barrels of Crude Oil being sold daily around the world. You can close a deal in any part of the world. Just a click of your mouse and few phone calls plus extra smart work… you can earn Millions of dollars in just few months by successfully closing one Oil Deal working in the comfort of your home as a facilitator. These secrets have not been made public because the participants do not want the public to learn their game. These oil deal giants have been very privileged to learn the game and have constantly made people feel that one has to be a millionaire before he/she can participate. This is not true.”

E. No Work, No Education or Skills Required!

And is there any amount of work or efforts that it will take for the agent to master this business and make a success of it, or to earn all that money? Is there any education, skills, knowledge, investment and experience that this will take or require? Nelson’s answer to these questions is, basically, practically little to none of that. According to Nelson, “This is Easy and Simple! Just from your dinning table you will work at your own pace and make millions of dollar within few months. There is no hidden cost. No huge investment. No upfront fees. (WE MEAN ‘NO FEES UPFRONT’).”

F. BUT HOW TRUE OR REAL IS THIS THINKING?

And now we get back to this central but critical question: How true or real is this general thinking, if any at all? Basically, the question is, are fortunes made as intermediary in petroleum trade deals, in fact?

In point of fact, if we were to put it simply in a word, probably the most fundamental and truest thing that could be said about the above-sketched doctrine of “get rich quick with no work or efforts” for the oil trader or intermediary, is simply that that doctrine is completely and patently false and misleading, and is at variance with, and directly contradictory to, the whole TRUTH and actual REALITY about the business! It is that the above-prescribed thinking is patently contradicted by the well-established, tried-and-proven trading doctrine and thinking that has long been preached, practiced and successfully used by mainstream traders and the most respected and most successful experts and practitioners of trading for generations in the industry!
.
Sure, decent money, or, in deed, even high incomes could still be made, and continue to be made, by many persons working as an intermediary in the business today, and a good number of intermediaries still close oil trade deals that are lucrative. But that’s ONLY by someone, however, who shall have already “paid his dues” in the industry before hand, before he (she) can possibly attain such success and such income working in the business – in terms of having acquired the requisite education and training, of being skilled and knowledgeable in the fundamentals of the trade and the appropriate rules and procedures of the trade, and, above all, of having acquired the hands-on practical experience and apprenticeship and long years (some 2-3 years or more) of painstaking, patient, diligent hard work in the business.

Clearly, that is a far, far, cry from the Nelson doctrine outlined above which essentially says and spreads the thinking that, as a broker or agent working in world oil deals and trading, you’re almost automatically “guaranteed” to close oil trade deals and to attain incredibly humongous and high “millionaire” financial status of instant wealth within months in the business just by the mere trying of your hands at it; and that you need not necessarily have to work hard at it or to be trained or particularly experienced in and knowledgeable about it, but can attain such great wealth overnight, any way, by doing basically nothing — other than, perhaps, just shoving around a few copied or false oil deal documents on the Internet usually passed down to the particular intermediary from other fellow brokers and intermediaries.

Clearly, anyone who really knows anything about the true realities of the business, would immediately tell you that nothing could be more ‘Joker Broker’ like type of philosophy than the above-described Nelson doctrine. An attitude and mindset that immediately reminds one of this characterization made by one analyst about the core nature of the joker broker, “Some of them [the “Internet” brokers or joker brokers] are quite entertaining [in the notions about the workings of business they typically exhibit], and remind us of the Nigerian scam artists. The world simply [just] does not work like that.”

G. THE PERVASIVENESS OF SUCH THINKING AMONG THE INTERMEDIARIES

Yet, such attitude and thinking fundamentally represents the kind of underlying mindset and mentality which typically pervades and controls the thinking of most persons who are attracted by and enticed into dabbling into the role of an agent or intermediary in petroleum dealings today – a mindset and mentality which essentially views the petroleum trading business as the ‘cash cow’ path to instant financial riches, and one which requires no deep learning or knowledge set to attain it, no long experience, and no hard work, but could simply be accomplished merely by passing around a few copied or even forged but never verified “documents” on the Internet! An underlying mindset and mentality of get-rich-quick-through-the-intermediary-work-without-work-or-study, which, though grossly misguided and totally erroneous and misinformed, pervades the broker network on the Internet – and bespeaks of the kind of unbelievable unrealism, unreal mentality and difficult-to-comprehend attitude often witnessed among a good many Internet brokers and agents operating in the international petroleum trading market today in terms of the frequent presentation one sees on their part of offers of business propositions or demands that are often impracticable, totally unreal and unrealistic, seemingly mere day-dreaming than serious, clearly divorced from simple reality, and completely contrary to all time-honored, well-established norms of the trade and the normal ways of doing business!

H. How Pure Greed Blinds & Hoodwinks People into this Doctrine

It is a mindset and mentality that, though rooted in the Sam Nelson doctrine, have their most primary and powerful impetus in one fundamental factor – sheer human GREED and FANTASY or MYTHOLOGY! Many times, mainly consumed by the false thought of becoming “super rich” overnight out of the blues from an oil deal, many of such brokers are found to be innocently and naively trying to close a deal for someone who they believe, or merely hope, to be real, but who is, in fact really not. But oftentimes, they are too blinded and overcome by the false belief in their pipe dream of becoming “super rich next week or next month” overnight by virtually doing nothing, or too proud or conceited, to simply accept or concede that such beliefs and procedures that they present are simply incorrect or impracticable, and so they refuse to change their ways and continue along the same futile path of wasting their time and the precious time of others, for months and years still trying to push plainly unworkable deals – until, perhaps, it finally begins to dawn on them that for so long no deals have been closed, or are likely to be closed, and not a dime of income has been, or is likely to be, earned!

These words of cautionary alarm and distress by a vastly experienced and successful 35-year veteran of the business, Robert McAngus, the Managing Partner/CEO of the international conglomerate, Robert McAngus Group, concerning the escalating greed and demands for unrealistic levels of commission fees he had observed from Internet agents and brokers, seem to hit the nail squarely on the head:

“Having been in the oil business since 1976, many years prior to the birth of the internet and Skype, I feel I have the practical experience and the hands-on management knowledge and skills required to try and set some of the misunderstandings [held by brokers and intermediaries about what they should be paid] right,” as he strongly advices the brokers and agents that, having come from the old school, he would strongly ask that they always “THINK THE DEAL THROUGH. If you as a fresh-faced young broker or a grizzled seasoned veteran, take the time to think about the process, I am sure that you will realize that this industry requires a lot of hard work and effort, so rather than just pass the deal from your friend Joe, along to the next broker friend, do some dam work and find out if the deals [are] real or not, and try to earn your commissions.”

I. Don’t Even Try Your Hands at It Until You’ve Had the Requisite Education, Training, and Experience

Divide Papa, the noted expert in modern international trading procedures, somewhat debunking the Nelson doctrine of get-rich-quick-without work-or-study, elaborates:

“[If] you want to become a Doctor or Accountant or Engineer,” he notes, reminding us of the way things have always worked in the real world, “you must [first] study and go to school for may years. Then obtain experience. You want to become a professional intermediary Buyer/seller, the same ideal applies – 2/3 years is the learning, obtaining the experience cycle, and after studying, many will give up trying. That’s how difficult this business is. But in return – if you close even just ONE single large deal – you will make a small fortune. You will make a life time of earnings on one deal. If you learn and study well your chances to close one deal is an even 50/50. [However], if you trade without study, your chances of closing a deal is ZERO. There is no 100% study applications in this business.”

Papa adds that any persons who are acting as import/export intermediaries in world petroleum deals, but have NOT first done the requisite studies, or fail to apply the appropriate doctrine of trading that’s followed by credible practitioners and experts, are virtually doomed to failure, guaranteed to close no deals or to make even a dime in income. And such persons, he asserts, should just rest assured that at least 99% of them “have no idea on what they are doing and will never close one deal even in 50 year of trading with silly procedures like LOI, ICPO, BCL, POP, etc. The net is full of silly ill-informed intermediaries who think they are trading when, in fact, all they’re doing is trading in nothing – just wasting time.”

SUMMARY

To summarize, the central point of this essay is that – whatever may have actually been, or is, the causal source for or genesis of it, whether it is traceable to Mr. Nelson’s book, or to the new ethic of the Internet and the Internet generation, or some other unidentifiable corrupting or misguiding influence, or whatever else – literally nothing could be more wrong-headed, more misleading, misguided or unfortunate for the international petroleum marketing business today, or any Internet broker and agent who operates or want to operate in it, than adopting or buying into the above-described doctrine of fortune being made as intermediary in petroleum trade deals overnight, without work or efforts or education, which is widely admitted to be the underlying prevailing mindset operating among many of today’s Internet brokers and agents. In fact, to put it even more starkly, the central point that is made here is that nothing could be more cruelly ‘Joker Broker’ like – i.e., more negative or despicable, more unreal and unrealistic, more damaging or destructive, and counterproductive – to the average broker’s very own best interests and to his best chances of ever finding success in the business or ever landing any sales, closing any deals or making any income – than for a broker to operate under this kind of thinking and mindset – a mindset that is completely false and wrong, totally mistaken and misleading, unrealistic, unattainable, and absolutely contrary to and devoid of any realities and all norms of doing business..

Put simply, in terms of world oil deals, it is this innate belief in the above-described doctrine and mistaken thinking concerning the actual nature and realities of international trading and what ought to be the proper role of the commission intermediary in it that is generally held by the modern Internet intermediary, consciously or unconsciously, deliberately or otherwise, that is fundamentally the single most critical element which account for why most commission intermediaries fail as agents and generally do not close any deals or earn much income, for months, even for years of involvement in the business. And, what is more, it is this unfortunate innate erroneous belief that is held by them, that has been the most fundamental critical element which account for the terrible image of the modern Internet commission intermediary in today’s petroleum marketing business, and the horrible image and notoriety with which they are generally viewed.

And this is so for very good and readily understandable, and, in large part, justifiable reason!

Why so? Simply, because to operate in the business based on such a wrong-headed doctrine or mindset, or such misguided thinking, by any one at all, directly leads one, as it has with the intermediaries involved in the oil business, astray, leading them to the wrong approach and wrong mindset and procedures for the business, and therefore to undesired results and to failure and not being able to close oil trade deals, or to earn commission income from their involvement in the business.

An apt and excellent word of knowledge by which to conclude this essay is perhaps this one offered by one noted expert and author on the international trade intermediary, “There are no short cuts in this business [of trying to work as a trader or an intermediary].”

Or, to put it perhaps even more lucidly still, I might myself add this: “Either trade with the correct philosophy and approach, or fail woefully if you try to trade otherwise!” As an intermediary (or trader), those are your ONLY two stark options and certain results, and none else!

FOR A FOLLOW UP

WISH TO FOLLOW UP ON GETTING A CRUDE OIL OR PETROLEUM PRODUCTS SELLER OR BROKER WITH WORKABLE, REALISTIC PROCEDURES THAT A CREDIBLE BUYER CAN READILY ACCEPT? Please see the instructional information in the author’s resource box below

The Importance of Religious Education

Religious education deals with informing all aspects about a particular religion. It is also referred to as religious instructions and as part of this instruction, various aspects such as customs, rites, rituals, doctrines and beliefs are discussed. It is considered different from normal academic education.

It is often debated if religious educations should be conducted in schools. However, there is growing opposition to this because it goes against secular beliefs and also because children who d not belong to that religion will feel pressurized at being taught something that they do not generally practice. On the other hand, those who support religious education in school feel that it will only encourage children to be more responsible as adults and also behave more soundly. For example, it has been noted that, this education in British Schools has brought about an exposure to not just the Christian religion but also other faiths in the world and this in turn has enhanced the child view of the world and also their interests in religious pursuits and religious understandings.

Being a religious educator is an interesting career option and it is the best choice for someone who wants to pursue a career in this field. Teaching in the subject can be handled in an in-depth fashion and various religious beliefs can be explored such as birth life and death, in detail, with information provided on general beliefs and practices that need to be followed. This education can be done in a public schools and it ca also be done in private schools and in elementary schools.

It is an important facet of a person’s life and it is vital that it is undertaken at the right age, so that the value of religious beliefs, customs and traditions are imbed early on and are consequently followed in later years of a person’s life.

business dollars business stick business sonic business widget business folder business gun business rex business duck business cache business groove business worth business omatic business gang business visual business battle business kiss business orama business member business dish business request business echo SEO Marketing Asian Beauty Products Business Information Center Nest Cam Indoor Nice Wedding Photographer channel girl Photoshop free room girl Skin Care Products Living Room Decoration Home Inspection Tips General Products Marketing Products Online Business Opportunities asia miss Infographic Design Baby Healthy Baby Accessories baby sexy Baby Furniture Baby Clothing Baby Products Baby Shop hi movie talk hi movie sex hi movie comedy hi movie sexy hi movie room hi movie show Online Home Inspector hi video movie hi vide ogood Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Online Shirt Shopping Shop jewellery and bags Online Shop Accessories Shopping Fashion Style legal adaptive legal buller legal captive legal cheapest legal clearance legal commission legal construct legal millions legal measure The Business Law Bankruptcy Lawyer Law Firms Legal Information Attorney Best Lawyers The Best Advice Lawyer Lawyer Requirements Lawyer Employment Law Reports Best Employment Lawyers interior designer web interior designer web interior designer web interior designer web interior designer web Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers business shuffle business precision business flavor business verde business intergrity business gratis business epic business anchor business clearance business eastside business corporation business feature business cellar business plum business divine business pronto business carnival business east bay business dodge business prestige business razor business atlantic business husky business remarkable business fighter business quantum business courier business construct business sparkle business rainforest business falcon business lightning business blod business downtown business curious businessafter businesss alvage business overnight business captive business amazing business abundant business designing business blender business imagine business just business surreal shoppinghusky shoppingnations shoppingremarkable shoppingfighter shoppingquantum shoppingpeach shoppingpresident shoppingsparkle shoppingrainforest shoppinglightning shoppingdowntown shoppingraven shoppingsalvage shoppingpriority shoppingmystical shoppingpermanent travellightning travellowprice travelmeasure travelmillions travelmystical travelnations travelnature travelnobel travelnormal travelnorthamerican traveloffline travelomega traveloneday travelouter travelpickup travelplatinum travelplum travelprecision travelprestige travelpriority travelpronto travelquantum travelrainforest travelraven travelremarkable travelrhino travelsalvage travelscribe travelshuffle travelsleuth travelsnapshot travelsouthbeach travelsparkle travelsunflower traveltopsecret travelurban travelyankee legalagenda legalcupcake legaldodge legaleastbay legalescrow legalgecko legalglory legalguerilla legallimited legalmystical Interior Designer Web Interior Designer Web Interior Designer Web Interior Designer Web Interior Designer Web Interior Designer Web Interior Designer Web Interior Designer Web Interior Designer Web Interior Designer Web Personal product Sell Products Online Marketing Product Product Research Analyst Product Research Facilitator The Food Products General Products Beauty Products Business beauty product skin care beauty salon product online product Marketing Products to Advertise online shop originals Product New Products Products Definition gigi hadid super model product marketing Personal Products Booking Apartments Definition of Apartment Secure Apartment Design Apartments girl room decoration free information Apartment Asia Apartment Girl Makeup Products Girl Clothing Girl Cookies chat girl chat adult channel asia Girl Dress Cosplay Japanese School Girl Dress apartment for girl Apartment Brokers Apartment Nice Web Hosting Themes The Best Savings Rates Shop Personal Loans Chiropractic Tables Skin Care in Centrum Cher Client Women's shoes Solar Installation Medical Weight Loss Clinic The Benefits Of Moving Insurance Online Dating Group Auto International All Medicine Reviews Fashion Clothing Style Management Consulting Real estate Fishing Games Travel Insurance Cheap Hotels and Flights Vacations and Travel Deals Travel Tips Travel Guides Travel Insurance Find Cheap Hotel Discounts Free Mobile Games Free Online Slots Games Game Mania Shooting Simulator Game Online Educational Games Play Free Online Slot Machine Games Online Games For Kids Free Online Learning Games and Apps Play Boat Games Online Free Mobile Games Download Free Games Free Online Slots Games Shooting Simulator Shooting Simulator Game Online Educational Games Play Free Online Slot Machine Games Online Games For Kids Games and Apps Free Online Games Best games for Android Download Free Games Best Logistics Software Best Application Comparison Shipping Software Solutions Logistics Management Software Systems Software Developers Software Engineer Software Developer Education Android Software Applications Most Popular Software Applications Cell Phone Monitoring Software Software Technology Technology Applications Phone System Software Information Technology Spy Phone Technology download Smartphone Spy Phone Technology Logistics Software Systems Software Developer Education Android Software Applications Cell Phone Monitoring Software Technology Applications Shipping Software Solutions Shipping Software Solution Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers Find Web Developers fashion world fashion bible fashion jobs fashion designer fashion art fashion apps fashion advice fashion brands fashion books fashion buyer fashion courses fashion capital fashion clothes fashion dresses fashion events fashion editor fashion fair fashion history fashion ideas fashion industry Veterinary Products Animal Feed Supplement Pet Shampoo Pet Collars Veterinary Drugs Pet Leads Veterinary Instrument Animal Feed Supplement Animal Calcium Supplement Antioxidant Supplement Pet Collars Chain Collar Flat Collars Pet Collars By Material Pet Care Products Shipping Software Solutions World Wide Technology List of Information Technology Master of Technology in IT Software Quantum Digital Forensics Forensic Technology Software Reference Library What Is Technology World Wide Technology List of Information Technology IT Staffing and Solutions Master of Technology in IT Software Quantum Digital Forensics Forensic Technology Software Reference Library teachers for technology Science Education Cell Phone Monitoring Software Software Technology Technology Applications Best Application Comparison Technology Definition Technology in Business Technology in Education Technology in Medical Technology Software What Is Technology Technology Software the best online casino online casino games Best Gaming Experience Play Online Casino Games Online Casino Gambling Casino best casino gambling Slots gambling Online Casino Reviews The Best Online Casino Play Online Casino Games Play Online Casino Play Online Pokies Real Money Slots Online Slots and Casino Play Online Slots Real Money Casinos Play Slot Machines Online Real Casino Jackpot Party Casino Slots Real Casino Slots Apps Online Lottery Games Heating Systems Home Automation Home Security Products Home Automation System Building Supplies Building Designer Building Consultants Bathroom Accessories Appliance Repairs Equipment Hire Extensions & Additions Floor Coating Products Furniture Removal Garden Maintenance Garden Designer Interior Designer Interior Decorating Kitchen Design Landscape Construction Landscape Design Project Management Landscaping & Gardening Patio Cover Installations Tile Suppliers Home Access Control Home Alarm Systems Home Intercom Systems Home Security Card Access Plumbing Installation Home Entertainment System Home Improvement Mistakes Home Improvement Leads Home Improvement Tips Home Improvement Grants Home Improvement Stores Home Improvement Projects Green Home Improvements real estate houses for sale property for sale property sales buying a house homes for rent commercial building rental properties commercial real estate commercial property real estate property real estate companies apartments for sale real estate business business property commercial space house real estate real estate listings house listings education law education loan education library service education meaning education personnel education technology Natural Health Magazine Bedroom Designs interior design ideas bedroom Premature ejaculation Health Tonics Herbs Natural Health Magazine Electrical System Vehicle The Shop Bulk Online Premature ejaculation www.777chat.info www.777good.info www.twshowkiss.info www.twtalk080.info www.twavtalk.info www.twshowlove.info www.twavsexy.info www.twavroom.info www.twavmovie.info www.twsexy888.info www.twsexyadult.info www.adult506.info The Legal Adviser www.twavshow.info www.twavnice.info www.asia222.info lawyer Legal advisor The Lawyer Portal good tube Drug Abuse Information Travel Guides Hotel and Travel Corporate Apartment Apartment For Rent Apartment Finder Grand Apartments Great Apartments Apartment Guide Find Luxury Apartments Apartments Interior Design Interior Design Classes Apartment Therapy Interior Design Firm Small Apartment Design Apartment Information Apartments General Information Perfect Studio Apartment All Apartments Ideas Furnishing Small Apartments Apartment Search Apartment Security Apartment Safety Considerations in Apartment High Security Apartment Find Apartment Brokers Apartment Brokers Rental Apartment Broker Apartment Searching Apartment Budgeting Basics First Apartment Budgeting The Apartment Building Best Apartment Broker Best Apartment Agency Finding Your Apartment Finding Apartment Find a Cheap Apartment Furnished apartments Find the Right Apartment tips best apartment hunting best apartment hunting Secure Apartment Living Secure Apartment Complex download plugin Browser Plugins Internet Explorer download Browser download plugin photoshop download plugin adobe flash download plugin flash player download plugin pcsx2 download plugins download plugin youtube download plugin firefox download plugin facebook Download Firefox free Web browser Download free browser Download Puffin Browser Download Software Download Free Software Download WhatsApp Download Free Antivirus Free Online Downloader Online YouTube Downloader Program Doctors The Program Doctor Doctor of Medicine Program Doctor of Philosophy Program Doctors Skin Care Doctors Skin Care Products Education Doctor Doctor of Physical Therapy Doctor of Psychology Mental Health Doctors Medical Specialists Nutritious Milk Substitute Open Heart Alternatives Cancer: Second Opinions Penis Curved When Erect Diarrhea Solutions Severe Aortic Stenosis? Benefits of Probiotics Get Help with ED Diabetes Management Probiotic Supplements Low Sugar Dairy Drink How Drugs Rewire Brains product beuty face mask moisturizer skin care cosmetics eye cream best face cream skin care routine best skin care products face cream best anti aging cream facial cleanser anti aging cream best anti wrinkle cream skincare for men beauty products face moisturizer best eye cream for wrinkles anti wrinkle cream skin care products moisturizing natural skin care anti aging boots skin care organic skin care best wrinkle cream skin care set wrinkle cream best anti aging serum best anti wrinkle eye cream best anti aging eye cream eye wrinkle cream skin treatment best skin care eye wrinkles anti wrinkle eye cream skin care brands anti aging serum natural skin care products oily skin care natural beauty products skin cleanser acne skin care skin cream anti aging eye cream compare the market make money online market research marketing strategy management jobs what is market research research jobs marketing strategies how to get money portfolio management internet marketing market research jobs marketing companies investment companies best business ideas market analysis market research companies market researcher online poll marketing tools product marketing market research methods types of market research what is investment market research examples research analyst search marketing market report market research agency secondary market research marketing job marketing analyst market research analyst research companies market research questions how to market your business investment firms sell products online trend market research market research business online marketing jobs how to sell a product selling a company equity research analyst market research report marketing report qualitative market research internet marketing jobs market research websites market research opportunities market research analysis market research industry Heating Systems Home Automation Home Security Products Home Automation System Building Supplies Building Designer Building Consultants Bathroom Accessories Appliance Repairs Equipment Hire Extensions & Additions Floor Coating Products Furniture Removal Garden Maintenance Garden Designer Interior Designer Interior Decorating Kitchen Design Landscape Construction Landscape Design Project Management Landscaping & Gardening Patio Cover Installations Tile Suppliers Home Access Control Home Alarm Systems Home Intercom Systems Home Security Card Access Plumbing Installation Home Entertainment System Home Improvement Mistakes Home Improvement Leads Home Improvement Tips Home Improvement Grants Home Improvement Stores Home Improvement Projects Green Home Improvements Action Movies Animated Movies Top Rated Movies Most Popular Movies Romantic Comedy Movie Fantasy Movies Horror Movies Heating Systems Home Automation Home Security Products Home Automation System Building Supplies Building Designer Building Consultants Bathroom Accessories Appliance Repairs Equipment Hire Extensions & Additions Floor Coating Products Furniture Removal Garden Maintenance Garden Designer Interior Designer Interior Decorating Kitchen Design Landscape Construction Landscape Design Project Management Landscaping & Gardening Patio Cover Installations Tile Suppliers Home Access Control Home Alarm Systems Home Intercom Systems Plumbing Installation Home Entertainment System Box Office Movies Most Popular Movies Top Rated Movies Lowest Rated Movies Booking Apartments Definition of Apartment Secure Apartment Design Apartments Corporate Apartment Apartment For Rent Apartment Finder Grand Apartments Great Apartments Apartment Guide Find Luxury Apartments Apartments Interior Design Interior Design Classes Apartment Therapy Interior Design Firm Small Apartment Design Apartment Information Apartments General Information Perfect Studio Apartment All Apartments Ideas Furnishing Small Apartments Apartment Search Apartment Security Apartment Safety Considerations in Apartment Garden Maintenance