The irrefutable truth about making money
Posted 20th March 2017 at 01:57 PM by Rod Delapaz
Why exactly do people get paid?
Well, let's switch the question over to a different angle.
Why would you give your hard earned money to someone else, and then possibly give it to them again?
There are two reasons why you would do such a thing:
1) Value
2) Trust
Let's talk about value:
Value is something helpful to you. Value usually offers a solution to a problem, perhaps making something challenging, a bit easier.
But value has to be priced appropriately, or else it wouldn't be worth giving up your money, right?
So there is a certain price point for money. We'll talk about that in a future post. Hang with me here.
Let's talk about trust:
Trust is probably more important than value, because trust is harder to earn and keep. Once you lose trust in a certain individual or business, POOF...you will most likely never give up a single dollar to them again.
So, to sum it all up,
value "attracts" business and trust "keeps" business.
Now, where does that leave you?
I then have two questions to ask you:
1) What value to you have to offer people?
2) How would you build that trust?
Let those thoughts simmer for a bit.
Well, let's switch the question over to a different angle.
Why would you give your hard earned money to someone else, and then possibly give it to them again?
There are two reasons why you would do such a thing:
1) Value
2) Trust
Let's talk about value:
Value is something helpful to you. Value usually offers a solution to a problem, perhaps making something challenging, a bit easier.
But value has to be priced appropriately, or else it wouldn't be worth giving up your money, right?
So there is a certain price point for money. We'll talk about that in a future post. Hang with me here.
Let's talk about trust:
Trust is probably more important than value, because trust is harder to earn and keep. Once you lose trust in a certain individual or business, POOF...you will most likely never give up a single dollar to them again.
So, to sum it all up,
value "attracts" business and trust "keeps" business.
Now, where does that leave you?
I then have two questions to ask you:
1) What value to you have to offer people?
2) How would you build that trust?
Let those thoughts simmer for a bit.
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