Escaping The Rat Race II
Some are born wealthy
Others achieve wealth
And some others have wealth thrust upon them.
So last week I talked about how to attain financial freedom & in that article I outlined that the most important goal is to create multiple streams of income called passive income which doesn't necessarily require your presence for money to come in. So basically you could have a job which brings you active pay & then create other passive income.
Today's article is one of a four series article on the same topic which I would be discussing on all through the month of July. Today's topic is Escaping the Rat Race II: Creating Value.
There's a reason you're broke
It's because you wanna be broke
Some people think you stumble on wealth, you don't stumble on wealth. You create it. Unless you're born lucky ofcourse which is still not a guarantee that money you get would remain.
Financial freedom is a process & just so you understand how it works. Every self made millionaire has his or her own story to tell. For you to acquire $$$, you have to want it bad, you have to dream $$$, speak the language of $$$ - most importantly you have to create value.
Money is a means of exchange. You can get paid for two reason - helping others actualise their dreams & creating value (something people APPRECIATE parting with money for). Again APPRECIATE in capital letters cause if people don't appreciate your goods, if they do not appreciate your services. They are not going to want to be repeat customers. Creating value means getting them to part with money over & over again!
Now when I talk of creating value do not misunderstand me. I'm not saying that you must think of something that has never been done before. You can have an existing business or concept but improve on it.
Sometimes you find competing brands in the market but you find one doing better than the rest. Some might say it's brand loyalty but what do customers care about loyalty or selling at a cheaper price if they are not getting what they want. If there is no value for money.
I'll have to stop at this point so be sure to stick around for the 3rd installment of this series. But just to buttress my point again, remember - Creativity is the source of wealth. Achievers create wealth from what they do. So get to work & discover the keys to your financial freedom!
