Why should people do a Portfolio

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A portfolio is more than a collection of matted prints in a clamshell box - it is an idea, a story, even a motivator and a flexible medium worth exploring. Even if you apply a work for example as a Teacher, the company school should required you an example of you portfolio in order they satisfy. This is why people need to have a good portfolio and this is the only way they can do their work on the company. IS there can suggests why people should do a Portfolio? did I mentioned it? or luck of information