Small Tips On Wealth Creation......

in #money8 years ago

Hello People....

I presumed we all know that money is a form of exchange.... But this question always pop in my head that "How many of us has thought of what we give in exchange for money" because money only move towards the direction of those who have something to give or offer in return>

THERE ARE TWO(2) PRIMARY WAYS OF CREATING WEALTH(MAKING MONEY)

In my own way and according to what i have seen and feel around, i get to understand that creation of wealth can come from these two(2) ways and this ways are as follows:

  • As an Enterpreneur
  • As an Employee

A) ENTREPRENEUR:
Rather than working as an employee, the one who turns a small business and assuming all the risk and rewards of the ventures is an Entrepreneur. By creating product or service and by solving problems and exchanging it for money is one of the main process of wealth creation and also there many other ways to become an entrepreneur these are :

  • By selling an existing business
  • By inventing or re-inventing a particular product or service.
  • By discovering and understanding what you passionate about,once it is discovered, develop it a product or service that can earn you money.
  • By solving problems, identify a problem and also provide a solution to it by solving it you can earn money.
  • By making use of your gift cos we all have potentials as a human..... We develop it , make use of it and get paid for it.

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B) EMPLOYEE:
As an employee this is a bit difficult sometimes to create wealth, it always take time and one needs to be patient because to get a high paying job as a starter sometimes it is very rare. As time goes on you can get a high paying job in exchange for you experience, skills and time at an early stage and with excellent financial panning and discipline, one can manage what you have in your possession,grow in it and make it work by investing it.

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According to what i study, Do you know that 95% of the world's population are employees???? and funny enough they don't even own up to 10% of world's wealth. The entrepreneurs are mostly those who controls and has almost 95% of the world's wealth.... Clearly those guys are doing something right.

CONCLUSION:

It is not enough to just create wealth, you must also know how to grow it and manage it. And also have it in mind that every starter is a potential winner. Start up some wealth creation by doing something that matters.

Thanks for reading through!

@segunreus cares! aka (professional uncle no kids yet) PUNKY

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What will you call steemians entrepreneur or employees? 😂

hhahahah i'd say is entrepreneur

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