Is it possible to create wealth in the midst of a crisis? The answer is yes: it all lies in knowing the secrets of the game.
Economic crisis, Spread, Default, Unemployment, Protests, Poverty, Crash of the stock market. We are bombarded with dozens of these media messages every day. Talking about Wealth in this period may seem like a distant fantasy, if not even an insult to those who struggle every day for their survival.
Personally, I don’t believe either in bird of ill omen or in optimists who deny the evidence: there is no doubt, however, that we are living in an age of profound changes.
The system in which our parents grew up, and in which we were born, is crumbling to make way for a new social and economic order. Some people will be crushed, others will generate more wealth than they could imagine today.
I do not have the presumption of having a simple and immediate answer for what we are experiencing, but reflecting on the knowledge I have gained in the last 10 years and on the practical experiences I have lived, I have focused on some fixed points regarding wealth, which I would love to share with you.
The difference between global economy and personal economy
Apparently things are not going and will not be that bad globally, but … are we sure that the global economy is so important to us?
I know people who are very worried about the daily trend of the spread, but who do not care at all about how to develop their career, perhaps differentiating their sources of income. Undoubtedly, macro-economic variables and the decisions made by those who govern us have an impact on our lives, but moving ahead and outside the classical schemes, this impact can be much less relevant than we might think. A wealthy man can enjoy his time in casinos en ligne.
The global economy depends on national and international policies, on the choices of central banks, on the strategies of large financial institutions and large multinationals. You and I don’t know each other directly, but I have a vague suspicion that your (as well as mine) ability to influence the global economy is somewhat… poor.
The personal economy instead depends on your choices: on the training you choose to have, on the projects and objectives you intend to invest in, on the economic and financial choices you decide to make. Is there a link between the two planes (global and personal economy)? Of course, yes, but the more your choices anticipate global dynamics, the more your personal economy will benefit. Your personal financial development will give you a chance to play online pokies australia.
If you want to generate wealth, then you need to focus on your personal economy.
If you want to increase your personal wealth, you have to learn to respect some golden rules:
- Just focus on your personal economy. This principle goes far beyond financial growth and applies to any kind of goal. If you want to reach an ambitious goal, you cannot waste time and energy trying to change what is beyond your reach. You need to focus exclusively on what is called your sphere of influence. Translated: don’t care about the spread and think about how to save and make money.
- Observe mainstream television and information with detachment. Do you really think you’re changing the state of things with your chatter and a like? Mind you, there is nothing wrong with wanting to be informed, but when you let yourself be influenced by this media bombardment, perhaps giving up a business project for fear that the time is the wrong one, you are delegating the decision on the your future. In these cases, the most effective solution is to adopt a healthy media diet.
- Respect and honor the law of value. There is no crisis, spread or stock market crash that can oppose the law of value. The law of value is a principle as simple as it is effective, and argues that: “if you want to generate wealth, you must create value “. Value and money are in fact comparable to energy and mass: just as mass is solid-state energy, so money is solid-state value. If you create a product / service that helps people achieve their goals, those same people will help you achieve yours targets. So don’t ask yourself how you can make more money, ask yourself how you can create more value for the people you target. Money is nothing more than a consequence of the value you have generated.
Of course, in words it always seems so simple.
