To begin with, it is very crucial that you
settle this in your mind once and for all ; wealth is not about spending money but
about making it. Those who make money are those who add value by creating
products and services. The key to creating wealth is simple. It is called
‘adding value’. Successful and wealthy people are those who are always looking
for ways to add value in some way to a person, a company, a nation, a product
or a service. They seek to make life better by adding value, they seek to
maximize the opportunities in every problem and you can join them by
replicating the same thing.
·
DO IT BETTER
Truth is nothing is in its perfect state of
existence, there are always loopholes in the seemingly perfect system and your
duty is to locate and fill it. Anything that looks great to you today can be
re-invented in a better way, and we have seen this trend in the automobile
industry. Whatever product or service you are presently into or intend to offer
can be rendered in a better way and this is the only way to gain an edge over
your competitors, regardless of your field. All you need to do is find a way of
offering your product or service in a more exceptional way than others are
presently doing. This is a key business secret that can make a world of
difference to you.
·
PURCHASE CHEAPER
A different method to creatively add value
is to buy something in one place at one price and then make it available in
another place for another price. For example, buying a product or service manufactured
in your country and exporting it to another country and making it available to
people to whom it was not available before is a way of adding value for which
you can charge a higher price, and they will be glad to pay for it.
·
IMPROVE THE STANDARDS
Performing a service that enhances the life
or work of another person adds value. A dentist who takes away pain is adding
value. A salesperson who introduces a new product or service to a customer that
helps that customer in some way is adding value. All financial successes
especially business success is based on adding value. It is simply based on
finding need and filling the need in a creative way.
·
HOW ALL FORTUNES ARE MADE
Great fortunes and wealth is created by
adding value. Whenever you see an opportunity to give people what they want at
a price greater than it costs you to produce that product or service, this is
an opportunity to make a profit, build a business and begin moving toward
financial success and wealth.
In conclusion, never blame your failure on
lack of money. If money is what you need to realize your dreams, then make
money by rendering a service that people will appreciate and they will be very
willing to pay you for it.
No comments:
Post a Comment