Types of money

in Be Entrepreneur3 months ago (edited)

[English Version] Good evening, it is evening from my end and happy Sunday, to everyone.

I am having a great time today and I hope you are doing the same.

Still on business, skills, development, and everything related to financial matters as it concerns us entrepreneurs here.

I hope you relate freely with my post today.

So today, I was just thinking out of the box about something very new and fresh I should write about.

Boom, just then this idea came into my mind. Something that after reading and giving it a practical trier would improve your business connectivity.

I was just thinking of how people make money and what value is all about.

Because I have been thinking that money is cash, isn't?

So let's move into the business of the day and learn from this view of mine about money and what money could be in actual worth of value.

There are five levels of money

I'm sure I would let us know them today as I progress with this article.

As the least of them is called cash and the first level of money is called

Credibility: Credibility is things you do on a constant basis over a period of time that is recorded up to date, that people can trace to and people can say this is who you are.

In business, being credible enough is a huge amount of cash and assets in your position without knowing.

It yelled profits and numerate figures, just like cash. Every buyer wants to pay for credible value and commodity!

Another level of money is what I call credible relationship: Your relationship with clients and business partners and people aside, business gives birth to cash.

Image a scenario you work into a complex, a way house, selling more to get a supply. But you do not have money.

And you ask for these goods when you are not credible enough, and they refuse to sell to you.

When you have promised they should sell it to you that in two weeks you will pay, you know the person will not give it to you.

This is because you don't have some record of Credibility.

But putting on a call across to reach out through a credible business associate and the person puts same calls across to the seller, supplies and dealers.

Just because he or she has a credible relationship with the boss, or a senior business associate of these selling company.

You have put a call across to him and the individuals avails their credibility to you to get that goods, commodity, and supplier or even that service.

Which could worth a huge some money, and they should let you go with the goods.

That you will pay in two weeks just as you have earlier said, and he knows you if you don't pay, he will pay.

Do you think they will not let you go with that commodity and service?

You don't have it, but somebody avail it to you. You don't have cash, but you have somebody who can give you hos credibility.

*That's another level of money!

I have often advised if allowed to young and every set of entrepreneur, if a rich man gives you cash, mostly the young entrepreneur he has totally not done you good but has cheated you.

What you need is asses as an entrepreneur, mostly the new cast in the business, even the old tacos.

Instead, let him keep his doors open for you that you can call because that can put billions in your account not 50,000 or 100,000 or even 1 million naira given to you.

What you require from a wealthy man is access, so the first level of money is credibility or credibility relationship.

So the second level of money is one of the most scarce of all commodities in the world.

And you can only make a profit on a product that is not seen, not available, and that is called integrity.

It is not in plenty of supply, not many places you can see it, but if you have it, you have cash.

So what is integrity? It is not what you do in business when people know. Integrity is what you will do if you know there's no way it can never be discovered, nobody can find out you still choose to do the right thing.

Business requires integrity, some entrepreneurs lack integrity and that is lost to the business because you're going to lose that cash.

The fourth level of money is character: Character and integrity of money are two days different assets for an entrepreneur.

Any business person who doesn't have a good character is destroying the foundation of their business.

If a building wall cracks, they may say repair it, but if the foundation has problems they will say bring it down.

That's how customers and potential buyers see a wrong business laid by bad character staff and management. Because it is a foundation to leadership in business generally.

Character is cash in business, it is not what many entrepreneurs understand to be.

God Himself is a character, and why is God character because He's holy.

You must be holy in these areas as an entrepreneur and one building a career in business area.

Character in business refers to profit. Character is like the alphabet.

2 is 2 in Japan, in Saudi Arabia, in Dubai and in China.

If you have this quality, and people know you for that in any area, you have cash and another level of money.

Because your business characteristics, and how people perceive that quality in you and in your products and service, doesn't change.

An entrepreneur has to work it out because it doesn't come so easily.

Having it in your endorse gives advantage of another level of money in life and in business because it is scarce.

If you have this, it means you have another level of sales and financial level.

The fifty levels of money is what I call competency: You got to know what you're doing.

It is not just enough to covey a business, establish a business, own an entrepreneur license and a massive complex.

Not how you believe in your religious affairs, speak in tongues like some part of the world.

Because some prayers to me that business people and entrepreneurs pray are we are making it useless.

We pray in maids when you are not doing the correct thing. You need to be competent.

Need to be properly schooled in business, production, service offering and manner of approach.

If an entrepreneur has this, he has another level of money.

That's why entrepreneurs must give themselves mentors. You necessarily don't need to pay for it.

Reading people you deem their post worth your need and could offer solutions in real life is put in practice is also a way of having a motor.

That would be a discussion for another they

Now the last and not the least that everyone knows is cash

But before I further talked about this.

Note that anybody who you see that has money, and they don't have these value qualities to offer, is a thief

They stole the money, and they are not a genuine business person or an entrepreneur.

You only make money when you create an exchange for a value

So if, there's no value anyone delivers to get money, it assumes they stole it.

Tipos de Dinero

[Spanish Version] Buenas noches, desde mi lado ya es de noche, y feliz domingo para todos.

Estoy pasando un excelente día y espero que tú también estés disfrutando el tuyo.

Seguimos hablando sobre negocios, habilidades, desarrollo y todo lo relacionado con las finanzas que nos concierne a nosotros, los emprendedores.

Espero que conectes libremente con mi publicación de hoy.

Hoy, simplemente estaba pensando “fuera de la caja” sobre algo nuevo y fresco para escribir.

¡Y boom! Esta idea vino a mi mente. Algo que, si lo lees y lo pones en práctica, mejorará la conectividad de tu negocio.

Estaba reflexionando sobre cómo las personas generan dinero y qué es realmente el valor.

Porque siempre he pensado que dinero es solo efectivo, ¿cierto?

Así que pasemos al tema del día y aprendamos desde esta perspectiva mía sobre el dinero y lo que puede representar realmente en valor.

Hay cinco niveles de dinero

Estoy seguro de que hoy te los voy a compartir a medida que avance con este artículo.

Ya que el nivel más bajo es el efectivo, y el primer nivel de dinero se llama:

  1. Credibilidad:
    La credibilidad es aquello que haces de forma constante durante un periodo de tiempo y que está documentado, algo a lo que la gente puede hacer referencia y decir: “Este es quien tú eres”.

En los negocios, tener credibilidad equivale a tener una gran cantidad de efectivo o activos sin siquiera saberlo.

Produce ganancias y cifras, como el dinero. ¡Todo comprador quiere pagar por un valor y una mercancía creíble!

  1. Relación creíble:
    Otra forma de dinero es lo que llamo relación creíble: tu relación con clientes, socios de negocios y otras personas fuera del entorno comercial también genera dinero.

Imagina que entras a un almacén a buscar mercancía, pero no tienes dinero. Pides esos productos, pero si no eres creíble, no te los venden.

Dices que pagarás en dos semanas, pero si no confían en ti, no te los dan.

Esto sucede por falta de un historial de credibilidad.

Pero si haces una llamada a un socio comercial confiable, y esa persona llama al proveedor o distribuidor…

Solo por tener una relación creíble con el jefe o un socio senior de esa empresa, te prestan su credibilidad para obtener el producto o servicio.

Esto podría equivaler a mucho dinero, y aun así te permiten llevártelo, sabiendo que pagarás en dos semanas. Y si no pagas, esa persona pagará.

¿Crees que no te dejarían llevarte esa mercancía?

Tú no tienes el dinero, pero alguien más pone su credibilidad por ti. Ese es otro nivel de dinero.

Siempre aconsejo, especialmente a jóvenes emprendedores: si un hombre rico solo te da efectivo, no te ha hecho ningún bien; de hecho, te ha estafado.

Lo que realmente necesitas como emprendedor es acceso.

Es mejor que ese hombre mantenga sus puertas abiertas para ti, porque eso puede significar miles de millones en tu cuenta, no solo ₦50,000, ₦100,000 o ₦1 millón.

Así que el primer nivel de dinero es la credibilidad o las relaciones creíbles.

  1. Integridad:
    El segundo nivel de dinero es una de las cosas más escasas en el mundo: la integridad.

Solo puedes ganar en un producto que no se ve fácilmente, que no está disponible en todas partes, y eso es la integridad.

La integridad no es lo que haces cuando los demás te ven, sino lo que haces cuando sabes que nadie se enterará, y aun así haces lo correcto.

Los negocios requieren integridad. Muchos emprendedores la pierden y con ella, pierden dinero.

  1. Carácter:
    Carácter e integridad son dos activos distintos para un emprendedor.

Un empresario sin buen carácter está destruyendo la base de su negocio.

Si una pared se agrieta, se puede reparar. Pero si la base está dañada, hay que derribar todo el edificio.

Así ven los clientes y compradores potenciales un negocio mal gestionado por personas sin carácter.

El carácter es efectivo en los negocios, aunque muchos emprendedores no lo entienden.

Dios mismo tiene carácter, y es por eso que es santo.

Debes ser íntegro como emprendedor y constructor de una carrera en los negocios.

El carácter es como el alfabeto: el número 2 es el mismo en Japón, Arabia Saudita, Dubái y China.

Si tienes esta cualidad, y la gente te reconoce por ella, tienes efectivo: otro nivel de dinero.

Tu reputación y cómo la gente percibe tus productos y servicios no cambian.

El carácter no es fácil de conseguir, pero si lo trabajas, obtienes otro nivel financiero.

  1. Competencia:
    Debes saber lo que haces.

No basta con crear una empresa, tener una licencia o un edificio grande.

No se trata de cómo vives tu fe religiosa o hablas en lenguas.

Algunas oraciones que hacemos como emprendedores no tienen sentido si no hacemos lo correcto.

Debes ser competente, educado en negocios, producción, oferta de servicios y trato profesional.

Un emprendedor competente tiene otro nivel de dinero.

Por eso necesitas un mentor. No siempre tienes que pagar por uno.

Leer a personas que publican contenido útil y que puedes aplicar en la vida real también es una forma de tener un mentor.

Eso será un tema para otro día.

Ahora, el último y no menos importante es el efectivo.

Pero antes de seguir hablando de eso…

Nota: cualquier persona que veas con dinero, pero sin estas cualidades, es un ladrón.

Robaron ese dinero, no son verdaderos empresarios ni emprendedores.

Solo se gana dinero cuando se genera un intercambio de valor.

Así que, si alguien no ofrece ningún valor a cambio del dinero que tiene, simplemente lo robó.

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