As the world slowly prepares to return after the lockdown period, it’s becoming apparent that the global economy has had a major setback as well.
People and their finances
People are asking important life questions like: Will I get paid the end of the month? Where will our next meal com from? What about the house mortgage? What if we can’t pay our children’s school fees? Etc…
Small businesses are especially hard hit as they rely on daily income to sustain their business. Large companies wonder if the lockdown period will be extended and they will not be able to pay the staff if they don’t go back to work.
The oil price has fallen to an all-time low of -$30 a barrel. This means oil producers are paying their customers to come and take the oil for they might run out of storage space. Global economies are under heavy pressure.
The Covid-19 pandemic has forced us to take a new look at money while in lockdown.
While he was in prison, Nelson Mandela also reminds us to have a new look at money.
But before I share this wisdom with you, we first need to have a closer look at ‘money’. The question is what is money? How do we make money?
What is money?
There was a time when money, as we know it, didn’t exist. For example, someone with a crop of vegetables would exchange their produce for poultry. This was based on the direct bartering system and direct exchange.
But, what if the person with the veggies, didn’t want the meat – but the guy with the poultry wanted the veggies? They then went into an indirect swap using a symbol – we now call ‘money’. In the beginning this symbol was in the form of stones with holes in, representing a certain amount of bargaining power (swapping power). Later coins emerged, then notes and today we have ‘electronic money’. This all represents you ‘swapping power’. Most people think that having a lot of money is ‘success’.
Today we have a sophisticated financial system and advanced economical process to manage the complexity of this money system. However, the basic principles still remain.
An important question arises: How do we make money? The answer is easy: You go back to the basics of business.
How do you make money?
In essence straight forward business and making money, is easy. The system is based on two processes. On the one hand we have the wants and needs of people. On the other hand, we have a provider and/or producer supplying a product or service to meet these wants and needs. Money is exchanged in the process.
If you want to make more money – then you need to ask yourself the following questions:
- What product and/or service do I have to offer?
- What product and/or service do people want and need?
- What value/price do I attach to my product/service?
- How do I bring my product/service to people who are prepared to pay for it? (swap their ‘money’ for)
Yes, these are very basic questions. But, we all have the ability and opportunity to bring who we are in the form of a product and service to the market place. We can make our self available and we can become of service.
Making money comes from the heart and soul as it is a symbol of you being productive by brining your unique services and products to the people. You place yourself in service and you become a producer. This is a bit different to the current world we live in that is driven by consumerism. Becoming a producer, goes beyond mere survival that comes from the ego and fear.
So, if you want to make more money – become a producer.
However, wants and needs change. What people want and need today, is different to what their wants and needs were ten years ago. This means that the economics of the world is constantly changing. Nothing ever stays the same. Our challenge is to keep up. As producer, you need to keep up with the demand and produce what people want and/or need.
We are free to choose how we do this. The only thing standing in your way to making money – is fear. We will focus on overcoming fear and living fearlessly, tomorrow.
So, the question is: What did Nelson Mandela say about making money while he was in lockdown?
Nelson Mandela, prison and money
Money is of little concern while you are in prison. Here success is not determined by the amount of money you have. It’s determined by how functional, productive and creative you remain, even under difficult circumstnaces. Here you redefine what authentic success, really means. (See day 3.)
Nelson Mandela left us a message about money.
How much value do you place on the freedom you have to be of service, to become a producer, to let go of being a consumer, and to make money? Remember, the lockdown period is not going to last forever.
To do list
Here are a few ideas to help you on this path:
- We all know that the lockdown won’t last forever – what will you finances look like after lockdown?
- Do you believe someone owes you something? Why?
- Do you believe that someone will come a save you financially? Why?
- Are you primarily a consumer or a producer?
- Do you want to be of service? Why?
- What products and/or service do you have to offer? Make a list.
- How do you intend to bring your product/service to the marketplace?
- What is you underlying fear about money?
- How did you parents, culture, society program you about money?
- Are you financially dependent/co-dependent?
- Do you want to become financially self-sufficient? How?
- Do your ‘money-making programs’ come from survival and your ego – or from service and your soul? (See the real-me-revolution)
- How are you coping with the economic changes?
- How will you cope with the fact that people are now developing new wants and needs?
- Is it time for you to develop a new program concerning money?
- Contact us if you need any assistance
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