Business, Ethics.
Value creation creates wealth - one of the greatest fallacies pervading in the middle and low classes is the assumption that wealthy people have done something illegal or immoral or both to get the wealth that they possess. In general, rich people have found a way to create so much value for other people that other people are willing to give there money to the rich people for what ever service or commodity the rich people provide. On the contrary.
If you truly want to be rich then you need to find a way to create as much value in the world as possible. - they understand that if they can make life easier and/ or better for as many people as possible, they will get rich. Rich people go around asking themselves what they can do better for other people. Poor people on the other hand go around thinking about what the rich people should be doing for them. If the poor really wanted to be rich they would begin to think of other people before themselves. The poor people have an entitlement mentality that makes them think they are entitled to the rich people' s money because, the rich wouldn, after all' t be rich if the poor didn' t buy product and services from them.
One of the greatest ways to get rich is to look at others needs and find something wrong with the world. - when they turn that opportunity into a business venture, money will follow. When a person does this, they will begin to see opportunities to better the lives of those around them. It is a universal law that" Wealth follows value creation. " As a person grasps onto these opportunities and creates as much value with them, money will follow. To often in business, people try to sell a product or service with only the desire to get the commission received from selling the product or service. An easy way to get out of entitlement and to start seeing what others need is to start looking at people as assets instead of things as assets.
Though the end desire of the business owner is to sell, he/ she will have much more success if he/ she would ask" what can I do to create the greatest amount of value for this individual. " Ironically by not focusing on the sell but rather the individual, the business owner will make more sells. - it seems like they are almost always trying to sell each person they meet something right at the onset of the relationship. To often I see people treating everyone they meet as a potential customer. If people would treat everyone they meet as an asset and look for every opportunity to create value for them, they will most times automatically become clients. A while back I heard a story of a man going into a car dealership looking for a car. The difference is a person makes friends before they become clients instead of the other way around.
He went up to the car salesman and told him, "I want this deal to be the greatest deal you ever made. - how many people would tell a car salesman that. I want you to make the biggest commission you ever have. " Wow! As a result the car salesman became one of the man' s clients also. Another great way to create value is for a person to find and discover his/ her own unique abilities and talents. As the man treated the car salesman as an asset rather than the car, he was able to create value in the salesman life and he received wealth in return. Everyone does something that no one else can do.
Everyone is unique and different. - even if some people can do similar things, no one can do it exactly the same. It is these differences that bring great variety to this earth. Thus he/ she has created great opportunity for creating wealth. If a person looks within himself/ herself and discovers his/ her unique abilities, he/ she has just unlocked great opportunities to create value. Everyone has great potential to create value and to receive the wealth they want.
They just need to focus on what others need, not what they feel they are entitled to.
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