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Differences in the Types of Auctions That Take Place Around the World

Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.

Types of Auctions:

Different types of auctions take place around the world. Below mentioned are some types of auctions:

1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.

2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.

3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.

Examples of Auctions:

Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:

1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.

2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.

3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.

4. Horse auction: Bidders can bid for young horses of the best breed.

5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.

The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:

1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction

Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.

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Bowhunting Teaches Many Lifelong Lessons

Hunting Lessons

People, as I have learned, need not to learn to kill during an archery hunt, but to learn more how to live. When I was very young, my Dad taught me the importance of learning how to enjoy “Mother Nature,” not just to hunt. I have passed this on to both of my sons and friends I’ve made throughout my life while bowhunting. By learning to live along side of “Mother Nature,” it can teach you how to become a better person in everyday life.

My Dad taught me how to hear not to just listen. When you listen carefully, you hear many things around, not just what you want to hear. In those moments you may hear the birds singing, the small critters on the ground start to scramble around or if you’re lucky, the footsteps that sound like a human walking on the forest floor, only to find out it is a deer starting to move slowly toward you. He taught me to see, not just look. To see what is going on around you. Next time you are out in your stand take look around you and see the clear blue sky or maybe how beautiful the leaves are on the trees. Sometimes the warmth of the early morning sun hits you just right and you feel good all over, inside and out. He also taught me to be courageous, not just to be satisfied with the way things are now, but to go out and explore the many new horizons yet to be seen. This could mean the next crossing of a small stream or maybe a new job.

I try to stay connected to the animals that I see during an archery hunt. I know when to shy away from something or to forage on, just like that monster buck that didn’t get to be a monster just by accident. He learned just as you did, from others or from his own mistakes where not to be or what not to do. In order to be successful in life, you must see and hear what is going on around you and your loved ones. To share and teach the care of our forest home and hunting heritage may just be the most important piece of education you have ever taught. Even though my Dad has been gone for awhile now, his lessons that were taught to me are now still being taught. The path he led me on, has helped me to determine who I am as a person and he has taught many others, who are still feeling and doing the same as I am.

The sport of archery hunting was passed on to me and I will continue to pass it on to others as if my Dad were still alive. Remember that hunting is less about learning how to kill, and is more about how to respect others and what “Mother Nature” has to offer.

Network Marketing – The Ultimate Home-Based Business

Network Marketing: The Ultimate Home-Based BusinessWhy is Network Marketing considered the Ultimate Home-Based Business? Lets look at a few of the reasons why you and many others are looking to having a home based business as a viable alternative to working for someone else.
You would like the freedom that owning your business would provide.
The J.O.B. or working for someone else has lost its luster.
You have good, creative ideas and plenty of energy yet not much money to invest right now.
You want to spend more time with your family.
Perhaps like many people today, the economic downturn has affected your employment situation and you need to take back control of your income.
Or maybe you just want to take advantage of the tax benefits that are available to those that work out of their home.
Robert Kiyosaki has stated in his books that the first step to creating wealth is to become a business owner. However if freedom is what you are looking for then a owning a business in the conventional sense may not exactly fit your bill. A conventional business brings along with it a list of demands of which the most demanding is employees. Having employees could adversely affect the freedom that you would want owning your business to provide.Owning a conventional business or even a franchise sounds may sound appealing yet you will find it is very similar working for someone else. You may own the company or franchise however in all reality what you have done is create a job for yourself. If you have employees you have the added responsibility of creating work for them also. There goes the luster of owning a conventional business.Starting a franchise or opening a business takes capitol. You may have plenty of energy and creative ideas but do you have enough money to purchase a franchise or have the capitol to keep it going for a year? Most businesses fail within two years because they are under capitalized.The lack of quality family time seems to affect nearly everybody. With commutes getting longer and longer and with many people needing to work two jobs to make ends meet, there seems to be little or no time left for family. Stands to reason why when asked what is important to them, most people answer that the freedom to do what they would like with their time is right up there with work freedom.But the question that lurks in the background is still there: What can I do that will provide a good living, allow me to be my own boss, not take a ton of capitol and also give me time with my family or where ever I am needed.
Let’s look at another situation. Perhaps you have been laid off or have had your position eliminated as the result of the current economic situation. This is truly a disturbing yet all too common situation. You have plenty of time, lots of energy and creative ideas yet little if any income. You realize after the fact that nothing is certain and now you must take control of your career.There is one more reason why people are turning to a Home Based Business; for the many tax advantages. Starting with the fact that a portion of your home is now your office and can be deducted on your income tax and as a business owner all your expenses are deductible. There are too many to go into here so let me just say that if only for this reason, a Home Based Business bears serious consideration.At the top of this article I stated that Network Marketing is the Ultimate Home Based Business. Let’s take a look at my reasons behind that statement.
By becoming a business owner you have taken the first step towards wealth as described by Robert Kiyosaki
Since most people get into Network Marketing at a part time level, you will probably still have your job however you know in your heart that soon you will be able to leave it. That alone will add a spring in your step and a little luster to your work.
It doesn’t take a lot of money to get started and will certainly allow you to use your energy and creativity.
While you may not immediately have the time you want to spend with your family, your goals will ensure that you will and sooner than you think.
You have now taken control of your economic destiny. As a Network Marketer, you are in the distinct position of being able to go as far up as you can imagine. There is no Glass Ceiling and you decide what will be the Top of Your Ladder, not some corporate executive.
Network Marketing while certainly open to everyone, is not necessarily right for everyone. There are some who need the structure of a job, there are some for whom being self-employed creates more anxiety than excitement and there are some who aren’t comfortable dealing with people. There is nothing at all wrong with any of these; it takes every kind of people imaginable to make up this world. However, for those individuals who are looking to own their own business, their own future and genuinely like people Network Marketing is clearly the Ultimate Home Based Business.

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