The traditional institution model of the economy is more tasking and exposes investors towards incurring losses as compared to the sharing economy which serves in favor of the latter. Besides, the modern model is highly flexible as compared to the traditional one and gives one a better chance to establish their ventures.

The contemporary model does not serve in favor of the consumer and in some cases it may put them at risk, like in the case of ubers, where they fall high chances of being assaulted by Uber drivers. It is therefore vital to stick to the old methods until one innovates better and reliable economic models to avoid the enormous risks associated with the model according to bloomberg.com.

Ted Bauman has offered a broad range of investment advice to many individuals that have enabled them to establish their business. His publications have inspired many people and seen him gain an excellent reputation. Ted joined the Sovereign Society In September and 2013, and he serves as the editor of The Bauman Letter. Besides, Ted also serves as the editor of the Plan B Club and even the Smart Money Alert, which is an established advisory built around a rule-based trading system. Ted spent most of his life in South Africa and took his postgraduate degrees in history and economics from the University of Capetown. He spent twenty-five years in the country, and he served some roles in various companies where he acquired his current financial and investment skills and knowledge according to crunchbase.com. The vast experience that Ted learned in the South African Country has in the past years enabled him to write a broad range of publications to help people increase their business profits.

Due to his financial knowledge, Ted served as the fund manager for low-cost real estate firms in the country, where he helped them manage their accounts and flow of cash throughout the business. He has also worked with a vast number of prestigious companies including the United Nations where he helped in serving the many clients that visit the firm. Through his publications, he has offered insight to his readers and given them advice on ways they can save money and establish their businesses on tumblr.com. Besides, Ted has helped firm owners identify the various approaches through which they can best serve their customers to ensure that they maintain them. He also encourages investors to employ right strategies in their businesses as they help them achieve their objectives faster.

Follow ted Bauman on https://www.linkedin.com/in/tedbauman

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