Secret That Guarantees You’ll Be Rich Or Broke

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Secret That Guarantees You’ll Be Rich Or Broke

Let’s talk about how money works. I’m going to share a secret with you that guarantees you’ll be rich or you’ll be broke. I want you to think about how money came about. Think about back in the days in history, you have a farmer, you have a hunter. Back then let’s say I am a farmer and I grow vegetables in my garden, in my farm or I have some crops. If I want to eat some meat, maybe you also have a farm of some sort and you have some cows in the farm. Back in the old days, what we want to do if I want to have some meat, we need to trade. You’re going to bring me the meat or you’re going to bring me the whole cow, you’ll bring it to my farm. Then I’m going to give you some vegetables in exchange. When you get to a point where people are saying, “It’s difficult to have everything that I want to trade with me all the time. It’s difficult to have ten cows with me or three horses with me all the time. What can we do to be just a little more efficient? How can we make this a little bit more convenient for each other?” People came up with a concept of money.

Back then, we’re talking about it could be like these certain types of stones and precious metals or gold coins and things like that. Now, we are talking about of course paper bills, dollars or even digital currency. That’s how money works. You have to understand the world. We evolved around value. If you understand the world revolves around value, the business of making money is nothing more than a value and value exchange. Once you realize that, that is how money works and that’s how the game works. What we do is we trade our time, if you’re an employee, our products or services, our expertise as an entrepreneur or our skills. We trade that and exchange that with other people for money. What it means is the more value that you can provide, the more money people are willing to trade you with it. It’s that simple. Instead of just focusing on, “I want to make more money,” being all desperate and all panicking, what you focus on is instead of becoming a person of success, become a person of value. If you want to make more money, the question you have to constantly ask yourself is, “How can I be a person of value? How could I become more valuable? How do you become more valuable to the marketplace?”

Once you understand this, money is not an issue because the marketplace is always willing to pay good money for good value. What’s the difference between someone making $10 an hour instead of someone making $500 an hour as an attorney? Someone making $10 an hour, the marketplace is saying, “You’re only worth $10 or $12 or $15 an hour,” versus “I’m willing to pay $500 to spend an hour with an attorney.” The difference in value, not value as a person but the value the marketplace is willing to pay. You notice that people who don’t make a lot of money or the people who are struggling or people making minimum wage are easily replaceable. This is someone working at a restaurant, a waiter or waitress. Maybe they do a very good job. They work very hard but if they leave or the boss, the manager fires them, they could be easily replaced. When you could be easily replaced, you are not very valuable. The more difficult you are to replace, the more valuable you are. That’s the secret that will guarantee if you’ll be broke or you’ll be rich.

Creating Wealth: The world revolves around value. The business of making money is nothing more than value exchange.

The next step, assuming you’re working hard, you are developing your skills and you’re becoming more valuable in the marketplace. What you want to get to is to become invaluable. Invaluable meaning irreplaceable. When you are invaluable in the marketplace, the marketplace will reward you handsomely because you are irreplaceable. Let me give you some examples. Michael Jackson, he’s invaluable because there’s only one Michael Jackson in the world. Michael Jordan, he is invaluable because there’s only one Michael Jordan in the world. That’s why fans, Nike, are willing to spend millions of dollars with one person because he is invaluable. Oprah, Beyoncé, and all the celebrities, there’s only one of them.

There are many other singers and dancers, but there’s only one Beyoncé. Being invaluable also means you are wanted. You are needed. You are being desired by a large group of people. The more people who desire you, who want you, who need you, the more invaluable you are. The more difficult it is to replace you, the more invaluable you are. The more invaluable you are, the more money you’re going to make, the more wealth you can create, so become a person of value. That’s how money works. It is a value and value exchange. Until next time, I’ll see you.