Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-19-10

Privilege

posted by ryan

Privilege is a special right, immunity, and exemptions granted to individuals by a authority or government. It is for a person to enjoy more than and beyond what is considered to be an advantage.

It is like a key that opens to a window of abundance of exemptions and immunity at different places.

Like celebrities have privileges like private invitations to fashion shows, events from big companies due to the relationship they have with media.

Successful businessmen enjoy better privileges than other people, shortcuts from banks, people, and different treatments. Look at the airlines and the difference in service treatments if you need an example.

Privilege is far more exclusive than having an advantage. An advantage can be anything, by just knowing a new strategy other a fellow business competitor, that is consider an advantage.

Having privilege means to have lots of shortcuts, crash course to the top faster saving time, effort and minimizing losses which is the most important with the right advice from fellow businessmen.

Do you have to have an advantage or are you looking forward to have a membership which has its own privileges?

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