Somewhere in a musty room in India, a business owner makes a transaction from din of his living room where his internet connection stretches from the plaster wall. Across the globe in New York City, another business man accepts the transaction from his studio apartment office. What do these two have in common besides their strange office arrangements? They do not allow their geography to limit their business capabilities.
Before the age of the internet, business was limited simply to the local geography of the businessman. A home business owner in Michigan had to do business with clients in Michigan for the most part. Furthermore, he was limited to those who lived within a reasonable distance from him. He would market his product using the United States Postal System, and he would receive moderate gains from much hard work. Today, the small home business owner has the world at his fingertips. Geography no longer makes much of a difference. As a result, a man living in Iowa where the cost of living is moderately low, can make the same amount of money as woman in Los Angeles where the average monthly apartment rent could pay for a month’s mortgage of our...
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