In Sir Francis Bacon's day, that quote may have been nearer the truth than today. Any little bit of knowledge gave a man or woman an edge and perhaps the power to move higher in the intellectual or physical food chain.
Admittedly, even in today's intricate world, the right knowledge places a person in a better position to survive physically, emotionally, mentally, fiscally, and common sensically. I don't know if the last one's real, I just typed it. "Stet" as the editors say.
However, no matter how much knowledge an individual possesses, it is the use, the application of the knowledge which provides the power. A blackmailer potentially has power over the victim because of the knowledge he or she possesses about the victim. If contact is not made with the victim, and the threat communicated to them, the blackmailer might as well be as powerless as if they possessed nothing at all.
Knowledge is a tool. A hammer is a tool. In my garage are three hammers: a claw hammer, a ball peen hammer, and a two pound sledge. There they sit. They are fine hammers, and each has specific tasks for which it was designed and for which I bought it. I've had one a year, one about five years, and the claw hammer since my days on a construction crew back in 1963. I know how to use each and every one of them effectively and have used them often, but, despite their value as tools and my ability as a user of these tools they are useless lumps until I pick them up and put them to the task. There is also a maul which can be used as a hammer, but I don't want to be around to observe the consequences of that misuse of a tool.
I have to be careful, by the way, as my wife has publicly avowed that all tools are ultimately hammers, so if I send her to the garage for a "hammer" there's no telling what she might return with. This brings up another point. One person's "tool" or "knowledge" may be another's liability or catastrophe in the making. As much as I love her, my wife is dangerous with tools, sharp objects, or things that can catch on fire. Were she to attempt to learn how to wield a hammer, there's no telling how much damage might be done, and Thor would hopefully swoop down from Asgard to wrest it from her hands before the course of the universe was changed and his image tarnished forever.
On the other hand, give my wife a spreadsheet program on a computer, or just a sheet of paper, and a mass of data about what is happening in other countries and financial markets around the world she can give you a pretty accurate prediction of what is going to happen in the Forex market. That's why in our house, she is the investor, and I am the guy who uses tools for esoteric purposes that she equates with magic. As far as I am concerned, and remember, I am a trained accountant, what she DOES with the facts and figures on her computer are something that I would expect Harry Potter to be dabbling in. I wonder if she went to Hogwarts?
It is not merely the possession of knowledge that makes for power. Yearly, our schools churn out bright young creatures burdened with knowledge they do not fully understand. Many feel that they have power because of this knowledge. In time, perhaps they will add enough wisdom to the knowledge to allow them to create power...hopefully for the good of their fellow men and women. In the meantime, they will continually bump their delicate psyches against the hard realities of the world until when, and if, they learn how to use the knowledge at their disposal to produce power. This, by the way, is what one of my old bosses, Cecil Bray, Assistant Comptroller of a testing lab at Eglin Air Force Base, Florida, called "getting the corners knocked off".
Actually, once you have gotten your corners knocked off, it may be a little easier to fit in some previously unobtainable holes where knowledge can be gained, refined, and brought into focus. Maybe that's really a slightly better formula. Instead of Knowledge = Power, perhaps Knowledge + Polishing + Plugging In = Power. Anyway, that's how power works in my house. Plug it in. Turn it on.
Knowledge Is Power Program
The Right Place
eBay is the largest online marketplace in the world. Including the U.S., eBay has a global presence in 39 markets. A few of these markets include Singapore, India, Germany, Australia, Ireland, Italy, Canada and Taiwan. There are thousands and thousands of different types of items that are currently up for auction on the site. eBay has approximately 276 million registered users worldwide that trade more than $2,039 worth of goods on the site every second. eBay has hosted over 532,000 stores worldwide and has over 276 million registered users worldwide that trade in over 50,000 categories. eBay calculates that there were 637 million new listings added in Q4-07. At any given time, there are approximately 113 million listings worldwide, and approximately 6.7 million listings are added per day. Approximately 54 percent of eBay's profit comes from international markets with the rest coming from the U.S.
The Right Time
Picking the right time to sell an item is a critical step of the auction process. Many items are seasonal in their marketability. You might have a great product at an even greater price but if you pick the wrong time period you will not reach the full potential selling price of an item. Be mindful of school semesters, vacation and travel peak times, holidays, celebrations, and those times when people prepare for them, sport seasons, and many, many other factors involving and influencing the timing of a prospective sale. You should also pay special attention to an auctions ending time. Does it really make sense to end an auction for a pair of custom oven mitts on Monday at 3:00 in the morning? Probably not. Your best bet is to end your auction on a Saturday or Sunday afternoon.
The Right Product
As mentioned above, eBay believes that one can achieve success if they are in the right place, at the right time, with the right product. Therefore, it becomes very important for would be and current sellers to do their homework and perform research into the nuances of the categories eBay offers. Sellers, if they master the act of choosing the correct category, can build ?insider strategies? and insights that will give them a real, and potential profitable, advantage over other eBay sellers. Speaking of other sellers ? if a ?competitor? is selling the same type of item be sure to investigate which categories they are utilizing. Some sellers specialize in selling a particular product in a particular category. Other sellers place auctions in multiple categories. In the end, a seller must choose which item he/she prefers to sell. According to eBay, based on Q4-07 GMV, the following categories delivered $1 billion or more in worldwide annualized GMV: eBay Motors at $17.2 billion; Consumer Electronics at $6.8 billion; Computers at $4.1 billion; Clothing & Accessories at $5.6 billion; Home & Garden at $4.1 billion; Collectibles at $2.9 billion; Books/Music/Movies at $3.3 billion; Sports at $2.9 billion; Business & Industrial at $2.3 billion: Toys at $2.7 billion; Jewelry & Watches at $2.5 billion; Cameras & Photo at $1.8 billion; Antiques & Art at $1.2 billion; Coins & Stamps at 1.2 billion and Tickets & Travel at $2 billion.
Both Donovan Baldwin & Bruce Moilan are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Donovan Baldwin has sinced written about articles on various topics from Women, Health and Bodybuilding Supplements. Donovan Baldwin is a Dallas area writer. He is a University of West Florida alumnus, a member of Mensa, and is retired from the U. S. Army. He is the owner of
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