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Most of us associate the word currency with money. But informal nonmonetary currencies are still flourishing. Exchanges of this kind have taken place for centuries. Probably most cultures across the globe incorporate favor exchange in their trading practices.

Nowhere is this more useful than in the business world, where a favor from the right individual can completely change the trajectory of a company.

 

To read the original article: The Entrepreneur's Secret Handbook of the Favor Economy | Entrepreneur.com