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Even before the ship he arrived on had landed, Aster began scouting new markets by questioning his fellow passengers. As soon as he discovered that the fur trade was booming, he quickly changed business. He converted the resources he had, pianos, into funds with which he could enter the fur trade and make his name.
Aster eventually became very wealthy through the fur trade, but that didn't stop him from abandoning the business in its entirety when he saw better opportunities elsewhere. When his fur empire was threatened by over trapping, changes in demand, and the turmoil of the War of 1812, Aster sold everything related to his existing fur business...
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Common topics in this essay:
- Shames, "The More Factor”
- The Demography Factor
- Labor mobility in Egypt
- What is Capital Mobility?
- Aster and Factor Mobility
- Fear Factor
- Social Mobility
- Motivation Factor
- O'Reilly Factor
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