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Table of Contents

Lead Story

Patent infringement claims muddy waters of innovation

Patti Murphy

News

Industry Update

Android Pay makes debut

MyECheck debuts check-based mobile wallet

MasterCard Express fuels digital enablement

Buy buttons gaining steam on social media

Payments industry advances on 2015 Inc. 500/5000

Features

Payments and the U.S. economy

GSBookNotes

The Mobile Buzz: Mobile Payments Bill of Rights offers best practice framework

Views

Live-streaming POS

Dale S. Laszig
DSL Direct LLC

Square deemed not a money transmitter

Theodore Monroe and Brad Cebeci
Law Offices of Theodore F. Monroe

Education

Street SmartsSM:
Breaking the ice in the MLS Forum

Jeffrey I. Shavitz
TrafficJamming LLC

Benefits of loyalty programs for you and for merchants

Michael Gavin
Cayan

Legal ease: When is an ISO an MSB?

Adam Atlas
Attorney at Law

Company Profile

TouchSuite

New Products

Payment fraud prevention through predictive analytics

Feedzai Fraud Prevention
Feedzai

Real-time, mobile CRM for restaurants

Wisely
Wisely Inc.

Inspiration

Mental yard sale

Departments

Letter from the editors

Readers Speak

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

September 28, 2015  •  Issue 15:09:02

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Inspiration

Mental yard sale

A friend of mine is moving and is having a yard sale. She's been doing an inventory of all her belongings and deciding what she'd like to sell, what she'd like to give away and what she'd like to take with her. She's been running nonstop, going to the dump and the thrift store to drop items off, putting other things aside for the sale and packing up the rest. She said it's a great relief to get rid of things that have been cluttering up her house and her life. "You know that line from the Joni Mitchell song, 'You don't know what you got till it's gone'"? she asked me. "I think it happens before that. You don't know what you've got till you're ready to let it go."

For her, it's a personal thing. Letting go of her possessions is like letting go of a part of her history, her environment, her personality. It's a way of re-defining who she is in the world. It occurred to me that doing an inventory of possessions in this way would be a valuable exercise even if you have no plans to move or to do a yard sale.

What to sell

For those of you in sales, this would seem to be a no-brainer. But then selling personal possessions is not the same thing as selling products and services in the business world. Some valuable items demand sacrifice, in the form of payment, particularly if they're personal possessions. When you sell your possessions, you want to find a good home for them; you want people to really care about them. They're more likely to care about these items if they've paid for them.

What to give away

On the other hand, some personal possessions are too valuable to sell. In the marketplace, they might be worth less than the things you end up selling, but they have a special significance for you, something you can't put a price tag on. These are things you want to reserve for family and friends, those people who understand what they mean to you and will try to use them in a meaningful way. In this case, the sacrifice, the payment, is a commitment to use your things mindfully and creatively.

What to keep

It can be difficult to decide what to keep, but if you – like my friend – are moving from a large home to a smaller place, you need to think hard about what you can bring with you. Often, it goes beyond utilitarian considerations, becoming instead a question of whether the meaning something holds for you justifies the space and care needed to keep it. When you sell something, or give it away, you're saying that these things no longer define who you are. When you keep something, you're saying this is who you are, or who you aspire to be.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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