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HOW MONEY IS BASICALLY MADE

The most basic form of money making is to exchange time for cash. Some work requires you to sit there and do what you are told, may it be collecting payment as a cashier, doing data entry as an administrative assistant or serving food to people.

The next level up is work that requires some specific knowledge or skill, such as to balance the balance sheet as an accountant, fix teeth as a dentist, find logic as a lawyer, design as an engineer or architect, prescribe medicine as a doctor or pharmacist, dance as a dancer and cook as a cook.

These occupations are better known as professionals. Still, most get paid to do what they do, by the hour.

WHO CREATES THE MONEY TO PAY OTHERS THE BASIC WAGE?

Then comes the route least taken in the modern world, the path of the Entrepreneurs, businessmen and investors. A place where you need to use skill, knowledge, everything, even things you don’t know, and courage that you can muster and lessons learnt in your entire life.

In a single word, it’s a beautiful nightmare where you get tested to the core if you want big results. This group of people are creators, they are builders who accelerate and fuel the progress of the World by creating new value.

The ironic thing is that, although it holds the most potential for the highest earnings compared to all other occupations, it is the least stable when we compare it to other choice of careers. Some, even the smartest of all, might make less than the staff at Macdonald’s at some point of time in their career. Yet, the richest of the world come from this breed of people.

You either make it or break it.

Going somewhere in between does spoil the purpose.

TAMING THE MONSTER

I think that I have gone through the first two levels quite well and in the realms of the third arena in the business world, I have in certain degrees, tamed the monster sometimes in the Entrepreneur’s journey. But I haven’t ride the monster as yet…for those who understand what I am about to say, thank you.

The most difficult part of the journey is not to actually be productive and make money, the most difficult part is to find a purpose to do it, the meaning of what life means to me and staying true to my core values.

Before we sink our teeth into the meat and bones, let’s look more into the topic of money.

THE MEANING OF MONEY

In times of peace, it is of paramount importance for one to protect his or her family. When the need arises, we will seek to protect those close to us outside our immediate family, our friends and relatives, within the best of our abilities. We have an invisible barrier circling “us” against those we do not know and whom are strangers to us.

A willing man who has financial difficulties to provide for his family, will be unlikely to help people beyond his first circle of protection. An unwilling man who is capable to help those beyond his first circle will be unlikely to do so as it is not to his interest to help others beyond that.

THE TOPIC OF MONEY

In a world whereby the topic of money is taboo within the family and friends, the inevitable question will appear in our minds ever once in a while…why become rich? Is money evil? Is that why it seems that so many around us seem biased against those who are richer than them? Is that why so many stories have been written about misers and rich people who are stingy with their money? Do you remember Uncle Scrooge? The rich but lonely and sad person…

Nothing could be further than the truth.

In contrast, many notable researchers have examined the lives of those who are rich, millionaires and billionaires to be exact. Although the rich but lonely and sad person does exist in the real world, they are not common.

It has been noted that the rich live considerably comfortable and fulfilling lives. But could their happiness be achieved without the successful culmination of that much wealth in the first place? It is anyone’s guess, but it is certain that without the financial burden of struggling to survive on their own or to support their families, life has one less major worry off their shoulders.

IS MONEY IMPORTANT?

Basically speaking, in the modern world, money is a form of paper currency to trade for exchange of commodities such as food, water and electricity. It has a value fixed upon it. The more we have of money, the better we are able to exchange it for the things we need and want more easily.

To the common world, money is used to exchange for convenience. For if a person has no money to buy food, he still has the choice to find or grow some to satisfy his hunger, only that it will take much longer to do so than to just grab a loaf of bread from a supermarket shelf. If he can’t pay for electricity, he still can survive with the use of it.

“Money is to make things happen, to exchange for the time and effort of others so that we can carry on doing what we want to do. Just remember, in the whole world, the concept of money is that only humans accept it in exchange for anything. Most other animals have no use for paper and metal since they can’t be eaten.” - Maynas Chua (Eric)

THE NEED TO BECOME RICH

It is a fact that even though money is not absolutely essential for our survival, it remains true that it is not possible for people in the modern world to live a successful and complete life unless he holds some wealth and is rich.

No one can rise to his or her fullest potential without having enough money to free himself of unnecessary efforts that do not comply to his goals. Taking for example, Henry Ford will not be able to manufacture so many cars by himself if he did not have the money to buy expensive machinery and hire people to not only invent, but to build and also sell the cars. He has freed himself from much of the work so that he can focus on achieving his fullest potential on his ability to build systems to get things done. Henry Ford is the “Master Mind”, the one who makes systems work through his distribution of money to make more money and to achieve what he set out to do. To let more people enjoy the benefits of owning a car.

Throughout the history of mankind, people who have been deemed as very successful in life are often people who had the courage and capable enough to develop their potential with the “Master Mind” within themselves. Can Thomas Edison , Andrew Carnegie and Henry Ford achieve what they had in their lifetimes if they are not wealthy? I will believe not so.

The modern world has become so organised that if man wishes to possess more of things and to employ a greater number of manpower to buy the time of others to multiply his efforts, he must first, be rich. The richer you are, the more capable of doing more of the things you can get done through the efforts of others.

No matter how gifted you are, remember that one person alone cannot change the world. You will need the help and support of many others, the bigger the change you want to see, the greater the size of wealth you will need.

It is clear now that if you are serious about making a change to the world and to develop your potential to the best of your abilities. The first and most important skill that you must possess, is the ability to make money, to first relieve yourself of lifelong financial burdens and next, to be able to use money to hasten the speed of things that you want to be done, to be able to make full use of available technology, brains or brawn.

If you are someone who wants to make an impact in this World, chances are that you stand a much better chance making the pursuit of meaning and wealth the priority of your goals first.

The path is lonely but hey, we are here for each other, aren’t we?  *Smiles*

Photo Resources: rick , Edge of Space, Untitled blue, tommy THE pariah