28 March 2014

Four Basic Ways to Earn Money

In order to survive in this world, we need to earn sufficient money that can support our daily basis. Money or cash or asset is a tool that stores or accumulates the value that we have created to other. In other words, the more value we have created, the more money we will earn. In this post, I would like to present four basic ways to create money (value).

1. Use the basic function of our body

-We can use our body energy to help other to move things from one place to another.
-We can use our eyes to help other to take care their goods or assets.
-We can use our appearance to help other to promote their goods or services.

This kind of way to earn money is mainly using our body function.

2. Skills = Use our mind + the basic function of our body

We can train our self to equip our self with specific skills such as:
Technical skills,
Mechanical skills,
Communication skills,

3. Knowledge = Use our brain

We need to always up-to-date via intensive reading, thinking, sharing, and writing. If you do not like to the four essential steps - reading, thinking, sharing, and writing, then you may not suitable to use your brain to earn money.

4. Other people's skills / knowledge 

I think one of the biggest mistake for many people is too crazy in networking. Yes, networking is good, but it is only for those organic network.

An organic network is only achievable if each party that involved in the network has at least one of the three basic ways to earn money.

For example, your boss may use his / her experience (knowledge) to decide whether it is worthy to hire you. If you possess his / her needed skills or knowledge, then the chance you will be hired is very high.

In other words, a success of a long term network is highly dependent on whether you possess specific skills / knowledge that can benefit other,

The same thing happens to other networking. The bottom line is to achieve win-win situation. Without win-win situation, the network is weak and only temporary - brilliant players never simply let you to take advantages of them.

That's all for today. More fascinating articles and sharing will be updated from time to time in Xaivier Blog. So, you are welcome to subscribe our feed, look at our sitemap or simply visit our Homepage for latest sharing.

Written by: Xaivier Chia

P/S: The above sharing is solely based on personal insight and information that believed to be reliable. Your valuable feedback are very welcome.



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