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  “Stop chasing money,” James Jani began, “Start chasing problems.” You are not going to be wealthy by earning a salary, working 8 to 5, 24 hrs/7 days. Nope. You won’t make wealth that way. You might only end up being average.
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People are going to pay you according to the value you add to their lives. People are going through problems, many wish there is a better alternative. If you can exploit the alternative, and carve a niche out of it, you are on your way to wealth.
  1. Money Go In The Direction Of Convenience

Now, let’s talk. Look at Jeff Bezos, what problem is he solving? Convenience, Cost and Time. Before Amazon, people go to malls, some end up spending huge amount of money on transport, some will have to allocate a special time for shopping, sometimes they take from their working hours to go shopping. It could be stressful. Other times, you might get to the mall and discover that the price has tripled compared to the last time. You cut a chunk from your savings just to get a product. But Amazon came and cleared this handicap in one sweep. You have a whole mall foisted into your phone, all you just need is to navigate through, see the products you desire, the price, and boom, you order, right in your bedroom. And in a few days, your product is at your doorstep. Magic. Who wouldn’t be happy?
  1. Money Flows Top People That Make People Happy

Aristotle echoing his master Plato, said: “The aim of all men is to be happy”. If you can make men happy, they will gladly pay you. That is why footballers are raking in outrageous money. They are making millions happy. The sporting sector is a huge market. They get money from selling millions of tickets, they generate money from sponsorship and viewing rights.  And if you are on top of your game as a player you will earn like Messi or Ronaldo. This brings me to the next point:
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  1. If You Want To Earn Money, Increase Your Market Value

How valuable are you? An accountant who spends three hours on his laptop will earn more money than a cleaner who spends the whole day washing toilets. Increase your value. Read. Read. Up your game. Be indispensable. But I don’t want you to just be an employee. Solve a problem. There are several problems plaguing mankind.
  1. What Problem Are You Solving?

Now, what problem is Elon Musk solving? He built an electric car called Tesla. All you need to do is charge and recharge your car the way you charge your phones. Boom. No more buying of fuel every day; you can now save that fuel money and cancel it from your budget. Secondly, Tesla cars allow for a clean environment. No more smokes puffing from the exhaust. There is now healthy air to breathe and the world government who wants to end climate problems will definitely subscribe to using Tesla. More money for Elon Musk.
  1. Get A Genius

”But I can’t build an electric car or an app, you say.” There you are, again with your scarcity mentality. Get the idea first, look for the genius who can do what you can’t. Thomas Edison wasn’t the guy who built all the machines in Edison Corporation. In fact, Apple by Steve Jobs was only an idea by the founder. Steve Jobs brought in a tech guru, Steve Wozniack. Woznaick built the flexes and other components that made the Apple computer. He did this alongside other tech geeks. All Steve Jobs did was to market the product and get investors. Thomas Edison says: “If aren’t a mathematician, don’t bother cracking your brain. Get a mathematician.” If you have an idea that demands you build an app or website, don’t stop because you can’t build it. Collaborate, employ. Finally, ”So, Stop Chasing Money, Start Solving Problems.” Salary won’t put you on the Forbes list. Featured Image Source: Wealth Within
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This article was first published on 28th August 2021

nnaemeka-emmanuel

Nnaemeka is an academic scholar with a degree in History and International Studies from the University of Nigeria, Nsukka. He is also a creative writer, content creator, storyteller, and social analyst.


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