Agency - Deepstash
The Philosophy Of Alan Watts

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The Philosophy Of Alan Watts

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Agency

Agency involves the marketing and sale of an asset you don’t own. Instead of producing value by yourself, you team up with someone else who has value to offer, then work to find a purchaser. In exchange for establishing a new relationship between your source and a buyer, you earn a commission or fee.

In order to provide value via Agency, you must:

  • Find a seller who has a valuable asset.
  • Establish contact and trust with potential buyers of that asset.
  • Negotiate until an agreement is reached on the term

672

1.55K reads

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Twelve Standard Forms of Value

Economic Value usually takes on one of twelve standard forms:

  • Product
  • Service
  • Shared Resource
  • Subscription
  • Resale

777

7.31K reads

Product

A Product is a tangible form of value. To run a Product-oriented business, you must:

  • Create some sort of tangible item that people want.
  • Produce that item as inexpensively as possible while maintaining an acceptable level of quality.
  • Sell as many units as possible for a...

710

3.91K reads

Subscription

A Subscription program provides predefined benefits on an ongoing basis in exchange for a recurring fee. The actual benefits provided can be tangible or intangible—the key differences are (a) the expectation of additional value to be provided in the future and (b) th...

682

1.65K reads

Capital

Capital is the purchase of an ownership stake in a business. For parties that have resources to allocate, providing Capital is a way to help owners of new or existing businesses expand or enter new markets.

In order to provide value via Capital, you must:

  • Have a ...

665

1.2K reads

Resale

Resale is the acquisition of an asset from a wholesale seller, followed by the sale of that asset to a retail buyer at a higher price.

In order to provide value as a reseller, you must:

  • Purchase a product as inexpensively as possible.
  • Keep the product in ...

674

1.93K reads

Lease

A Lease involves acquiring an asset, followed by allowing another person to use that asset for a predefined amount of time in exchange for a fee. The asset can be pretty much anything: cars, boats, houses, DVDs. As long as an asset is durable enough to survive rental to another p...

669

1.26K reads

Loan

A Loan involves an agreement to let the borrower use a certain amount of resources for a certain period of time. In exchange, the borrower must pay the lender a series of payments over a predefined period of time, which is equal to the original loan plus a predefined interest rat...

662

1.18K reads

Audience Aggregation

Audience Aggregation revolves around collecting the attention of a group of people with similar characteristics, then selling access to that audience to a third party.

In order to provide value via Audience Aggregation, you must:

  1. Identify a group of people with c...

681

1.34K reads

Option

An Option is the ability to take a predefined action for a fixed period of time in exchange for a fee. Options are all around us: movie or concert tickets, coupons, retainers, and licensing rights. In exchange for a fee, the purchaser has the right to take some specific action—at...

676

1.12K reads

Insurance

Insurance involves the transfer of risk from the purchaser to the seller. In exchange for taking on the risk of some specific bad thing happening to the policyholder, the policy holder agrees to give the insurer a predefined series of payments. If the bad thing actually happens, ...

665

1.11K reads

Shared Resource

A Shared Resource is a durable asset that can be used by many people. Shared Resources allow you to create the asset once, then charge your customers for its use.

In order to create a successful Shared Resource, you must:

  1. Create an asset people want to have acces...

679

2.38K reads

Service

A Service involves helping or assisting someone in exchange for a fee. To create value via Services, you must be able to provide some type of benefit to the user.

In order to create a successful Service, your business must:

  1. Have employees capable of skill or abil...

695

2.86K reads

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Resale

Resale is the acquisition of an asset from a wholesale seller, followed by the sale of that asset to a retail buyer at a higher price.

In order to provide value as a reseller, you must:

  • Purchase a product as inexpensively as possible.
  • Keep the product in ...

Option

An Option is the ability to take a predefined action for a fixed period of time in exchange for a fee. Options are all around us: movie or concert tickets, coupons, retainers, and licensing rights. In exchange for a fee, the purchaser has the right to take some specific action—at...

Lease

A Lease involves acquiring an asset, followed by allowing another person to use that asset for a predefined amount of time in exchange for a fee. The asset can be pretty much anything: cars, boats, houses, DVDs. As long as an asset is durable enough to survive rental to another p...

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