Ways to Earn Money
There are 3 basic ways to earn money:
- Trading time for money
- Trading money for money
- Trading expertise / value for money
Society and the formal education system always promote the first method of earning money which invlove trading time for money. In other word, you work for someone else for a specific amount of time and then they pay you. Or you working for someone else, drain your energy and you don't make much money.
Second way of earning money is utilize by some portion of the population that involve trading money for money. In another word you are earning money through investing. Investing can be risky because if you are lack of additional fund, how could you invest any money in the first place? Therefore many people cant even try this method because they don't even have enough money to pay their bill.
The third way of earning money is always the best option. This entrepreneurial option involve trading expertise and value for money. This is the strategy of entrepreneurial expert. You have a flexible schedule, work less and earn more. you can make a thousand of dollar a day. In order for you to earn money from trading expertise and value for money, you need to first figure out who you are and what you can give to the others. What information do you know that could have help others? You can find value from previous work experience or even from your hobbies. From these you can create your own intellectual property.
First of all everyone can create intellectual property, you don't need to be a rocket scientist. You just need to have an area of expertise or access to an expert and a drive to succeed.
Intellectual property combined e-commerce and book publishing. For example you can write and sell an ebook. Recent research had found that a proximately of 6 out of every 10 American suft the Internet on a daily basis seeking out Entertainment, Education and to shop for products. People are more confortable in buying online than in the past. The market in the Internet is global and it accomposite of million of people. Therefore the information marketing business has room for everyone.
When you market on the internet, you need to find your niche. Therefore you don't have to worry or not whether your neighbor will want to buy your product. The Internet open the niche market for you.
If creating and selling intellectual property on the internet is so simple, why isn't everyone doing this? The formal educational system are to blame. In school we are taught to finish school and then become an employee in a company. The entrepreneurial spirit is not promoted. In fact, it is almost shunned.
Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game is on it's way to passing the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
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