Everything here has energy. It is part of our way of life to earn-a-living by trading and accumulate wealth. That is why people use marketing to get people interested in the products or services of a company.
I just realized everything I’ve talked about in this thread is a direct result of listening to Genesis lol
Globally speaking money is simple. SUPER SIMPLE.
it’s just two things
- within your country,
it’s a comparison of the value you (or your family, or your friend, or whatever) provide to society, as measured by purchases made because of the value provider
Money can be used to make money because you can trade money for the skills of other people, and the skills of other people can be used to skyrocket your own value providing capacity.
Money is not a comparison of effort or worth, merely value provided (as measured by a possibly broken measurement system - purchases)
The janitor isn’t as influential towards the purchasing process as the sales person, so the sales person makes more, but the CEO is more valuable/irreplaceable than the sales guy, so the CEO makes more
Then you can take your money and park it into investments… essentially, people will pay you for the value your money provides.
If you put money into stocks, your money is used by that company as liquidity, and they’ll pay you if they grew off that liquidity (stock prices rise with increase in value). The value you’re providing is liquidity.
If you buy a real estate property, the value your money is providing is in the form of shelter for someone. You will get monthly off the value you provide someone giving them a rental option, instead of them purchasing the full amount. You’ll also see the perceived value of your property increase over time as demand increases in the area, so the pricing/value will subjectively increase, which you can then profit off of objectively.
If you have a skill, the value you provide is that skill, and depending on your risk tolerance, you can make anywhere from less than 1% to over 50% of that income.
If you’re a CEO, you are a skilled individual managing a team of skilled individuals, and the value you provide as the employer is the consistency, aka the paycheck, which you pay for by taking the risk, aka investing your own money with no promise of return, but promising them a paycheck no matter what
If you’re a sales person, you usually get paid much much more than any employee, 10-20% of pre-profit revenue generated, because you take on almost as much risk as the CEO, and it’s a highly skilled position.
Because sales people, programmers, and other highly skilled professionals are highly sought after, employers will compete against other employers to provide more and more value to the employee who is providing extreme amounts of value to them
And because low skilled labor is getting easier to replace with machinery and simply because there’s an oversupply of it, and because it doesn’t add much value to the purchasing process, employers pay less and less seein what they can get away with and won’t stop until the pay is low enough that they can’t get quality applicants.
Internationally, money gets more interesting.
Countries provide value to other countries in a variety of ways.
On a political level, countries governments directly pay other countries governments for natural resources, weapons, protection, consulting, and a variety of importable/exportable goods
But on a societal level, citizens of one country may purchase a product from any other country in the world - weakening their own money supply (currency) and strengthening the money supply of the country they’re purchasing from.
When we go on Facebook, we’re strengthening the US economy, as Zuckerberg gets that money, 20% of which goes to the government directly as tax, for a direct strengthening, and a lot more of which goes to buying American products, as Zuck hires Americans, buys American coffees, etc.
And as those other Americans get money from Zuck’s morning coffee run and employment, they increase their own wealth, increasing their own value providing capacity, increasing their own income capacity as a result… and if they take their value outside of the country, further strengthening their country’s currency as they bring international money into American soil.
Then there’s also the fluctuation of money, and how some currencies can change so rapidly they seem arbitrary and irrelevant, but this is also nothing more than a measure of value one country provides to another
Currency values are measured mainly by stability, but also by other factors mentioned previously. The more stable a government’s financial system and political system is, the more stable the currency will be overall, and then investors around will find that stability profitable, because just like with CEO/employee dynamics, one of the most valuable things any party can do for another is provide stability. If I’m a Venezuelan investor, with inconsistent currencies, I want to convert all my money into the most stable currency possible, as soon as possible, before my “1million hours of value” bank account crashes into a “1day of value” bank account (inflation)
Moral of the story if you’re broke, then you don’t provide value. You might work hard, but you don’t do things that people value enough to purchase. You might clean, but you do a job that is in high supply and less demand. No one is fighting over you.
OR you provided a lot of value and didn’t use that value-token to increase your own value-producing ability, you just spent it frivolously
OR you live in a country that doesn’t provide massive amounts of value on the international scale (low resources, needs aid, etc), and therefore the piece of the pie that your government is able to give you is smaller
I started reading “F.U. Money” by Dan Lok a while back. Got sidetracked. Lately I’ve been seeing references to the idea again of FU Money. So I loaded it back on my kindle and will be reading it.
Dan says that it really doesn’t take as much to be able to say “Fuck You” to people as what “The System” would have us all believe.
It’s about PERCEIVED VALUE
At the end of the day you can’t judge someone for their choices and the system is objective. If people didn’t want the iPhone, they wouldn’t pay for it. Whether it’s because of quality or marketing it really doesn’t matter. Everyone who was involved in the purchasing process of the iPhone got stupidly rich because they created perceived value which is more valuable than real value, in the eyes of those who “perceive value”.
But even right now, right there, whatever you read “real value” to be was just one definition, YOUR definition of value.
Who is to say that yours is right? Perhaps you perceive things differently? Perhaps you literally measure value differently. An iPhone for someone making $2000/mo is a huge investment, it might even have to be more important than food and shelter, so the perceived value comparison isn’t even close.
But for someone making 2M per year, is an iPhone purchase for them really any different than the cup of coffee the average person makes?
And then for the people who purchase an iPhone over a nicer place to live…. Welll…. That’s their choice. I personally make damn good money, but I have a broken 2016 iPhone, a run down 2003 car that smells like mold and screeches when I turn, a wardrobe I don’t love, and I’m a cheap mofo that won’t buy chicken breast for meal prep because the protein in thighs is the same but a dollar cheaper.
Meanwhile I invest tens of thousands into sales coaching, I like to travel, and I invest heavily into my personal happiness through nutrition and counselling because that’s MY perceived value
You exchange your personal energy in the form of work for an hourly wage, in the form of currency. Thus, money is a physical expression of energy. Crystallized. Because of this process, the easiest way to “manifest” money is create multiple income streams in which you will be paid a higher value for the work you do.
The process is simple. You create a product or service. You market said product or service to individuals who want to exchange money for that product and service. Profit! Everything starts with, “what skill do I have that I can use to create a valuable service or product?”
You figure that out by listing all of your skills and all of your interests, then determine if there’s something you can create using those skills that you’re also interested in. Then, sell it.
and from what I’ve seen here, the “Lean Startup” methodology seems to truly kick ass.
I understand where you’re coming from. But my main criticism is how people think they have freedom of choice but don’t. The iPhone is a status symbol to some people. I’m sure you’ve seen that stupid green bubble vs blue bubble thing? If someone isn’t making enough money to have an iPhone be a responsibly budgeted decision, they’re putting themselves at financial risk.
You may think to yourself “oh well be smarter with your money”, but it’s not that easy. This is what I’m trying to get at. People should be able to take perceived value and weigh it against their current circumstances.
There’s marketing and then there’s psychological manipulation. It’s a real grey area at times. Yes it’s the own individuals perceived value, but where is that coming from?
I have to reread what you wrote in your other posts later. This is just the one that stood out to me.
I guess this is more along the lines of how to maximize your own perceived value in the most ethical way possible. Or not if you don’t let morals get in the way of wealth acquisition.
“The universe”
I literally have a broken iPhone 6 and yet I could afford the newest Samsung. I actually think iPhone is total garbage and would prefer a Samsung.
I have the freedom of choice to CHOOSE to laugh at anyone who thinks they’re better than me because they have an iPhone and I don’t. I choose to perceive them as competent status wiped and incapable of thinking for themselves. I choose to hang out with better people than them. I choose to be so skilled that my hiring can’t be swayed based on whether or not I have a phone, and I chose to do so through years of working on skills while having absolutely zero fucking money.
If you’re saying you don’t have a choice, you’re just choosing to accept victim mindset, choosing to accept societal standards, choosing to think of yourself as less-than because you don’t rank up to someone else’s measuring stick, choosing to accept that measuring stick but complain about it instead of living life on your own terms
It sounds like you’re choosing to continue to allow your wealth caps to persist because you view money as
And with those beliefs I don’t blame you. If you believe money is evil you’ll naturally distance yourself from it.
But then you’ll always have a wealth cap, because who would choose to become something evil.
But you always have a choice.
I try to consider all sides to situations. Admittedly I skew towards negative when it comes to money due to my experiences with it. I appreciate the thoughts you’ve shared, I will have to sit on them for a bit. This might be the wealth scripting from Genesis I’m working through right now.
Yeah maybe I’m a broke ass and I’m salty about this.
In my view, this conversation is about Economics (the assigning and negotiation of Value) more so than about money in particular.
I get what you are coming from. Though when @Jouissance talk about value he talks about perceived value. You may disagree with the perceived value concept but you can’t really change the game, specially if you live in a western country (well you can work on it but that’s another story).
I am not sure you need to go full on the “value creation” framework, but if you want to make money you need to accept the rules of the game, remove the bitterness and try to stay pragmatic towards your goals.
For example I think lots of job are overpaid for the real skills they use (my line of work included), but it is their value on the market right now for lots of reasons so
This is true.
But that word ‘accept’ is pretty broad.
There are lots of different ways to approach it.
Por Ejemplo:
He deals the cards as a meditation
And those he plays never suspect
He doesn’t play for the money he wins
He don’t play for respectHe deals the cards to find the answer
The sacred geometry of chance
The hidden law of a probable outcome
The numbers lead a dance