Rate this Entry

The irrefutable truth about making money

Share
Submit "The irrefutable truth about making money" to Facebook
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.
Posted in Uncategorized
Views 1074 Comments 0
Total Comments 0

Comments

 


All times are GMT -6. The time now is 08:22 AM.