Steve Pavlina just posted a lengthy article which goes all the way in explaining the one thing we all love and hate about- money.
It’s interesting to note how he classified the two ways of earning money.
Steve Pavlina on Earning Money Conciously…
If you think about it, there are two basic ways to earn money:
1. Make a social contribution, and receive payment commensurate with the social value of your contribution.
2. Take advantage of market inefficiencies to extract money without contributing any value.Option 1 includes getting a job, running a business that provides products or services, reselling items with value added, or investing in any of these outlets. Option 2 includes reselling items without added value, gambling, mooching off others, crime, or investing in any of these.
Here’s another way of labeling these two strategies:
1. Contribute.
2. Mooch.
I believe this way of labeling works not only on the personal level, but also on the corporate and even to the government level.
A corporation that contributes by providing good quality products and services will by no means attract a loyal group of customer base while a corporation which is out to cheat the public will eventually crumble upon its own greed.
Similarly, the moocher-contributor model works in a government bureaucratic system. A government which aims at contributing its national wealth back to the people who lives in it will by no means create a very wealthy community whereas a government which is fundamentally corrupted will only lead to the nation’s eventual downfall.
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December 11th, 2006 at 1:08 am
Cashin’ in on the net… Isn’t it just mooching?…
I’ve read the article on Steve Pavlina’s blog. Well, at least a part of it, as I seemed to know a lot of what was said already.
The two ways of making money discussed on the article are:
1) Contributing
2) Mooching.
Well, I might eventually…