ADSactly on ADSACTLY #66
Value Of Time - Part 4
Believe it or not, there are other ways of making money, apart from exchanging your time for your salary. The one exchanging his/her time for salary is at the lowest level of money earning system. If you work for someone else, that person makes money from your work and only pays some of it back for your time. The amount of value a worker produces for the company owner is often more than tenfold.
In case you want to step up a ladder and earn more, you need to become a specialist. Someone who can do a job which not many people know how or can do successfully. In this group, we have people who charge for their services and do not work for a fixed salary. They are still selling their time but not for a fixed salary.
If we all set our minds on earning this way and refuse to 'be employed' would they be able to pay a little for our time? However, we are not all capable of being specialists. Believe it or not, in reality, a specialist has even less time than the employed person because usually he/she works overtime to make more money and fill orders from all clients on time. Both of these groups are workers and sell their time for material gains. However, the position of specialist is way more rewarding.
The next group is people who own companies or enterprises, employ others and pay for specialized services in order to make money on efforts from both groups. A company owner is the first level. He/She doesn't need to do the actual work because others do the work instead. When we look at this from the time perspective, we notice that this person pays for other people's time in order to free his own. Is it fair? It is, and it isn't at the same time. We all have a free will to refuse a deal we don't consider fair. You be the judge.
A level above are the investors. They invest in companies and usually reap a lavish percentage of revenues made by a company. They use their money to make more money. So, for them 'money makes money' is a reality. This is how wealth is built, not by daily struggle. People who work for a salary can never get rich. It is how the system is deliberately set.
In the end, we should mention that both company owners and investors, even they don't do the actual work, spent giant portions of their time on negotiations, agreements, legal issues etc. That fact leads us to a conclusion that there is no exception for anyone in the end. Time is spent every minute regardless of what one does. The difference is that some make absurd amounts of money that'll never have time to spend while some fight for a bare survival.
However, some decide when they want to take time off and enjoy their free time. Most don't.
Let us know what you think about it.
To be continued...
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