LIVE MONEY AND DEAD MONEY

Many people make money. Only some people make money which will be useful and helpful to society. One woman told me “in my younger days my parents used to save money, they used to say that it will be useful for the future. Actually they bought land, which we lost money in the end. We never enjoyed money because we were supposed to save”.

I know a man who eats old food and will give minimum money to his wife because of his obsession for savings. He has given 100 sovereigns of gold to his daughter besides the vast amount of land he possessed. What is the use? He can not enjoy his life or his wealth. He makes money dead.

There are two kinds of money: live money and dead money. When you make money, are enjoying the money, do make life better, make people’s life happy, you fulfil the wishes of others, can take a holiday without thinking of the future then that money is the live money.

If it is a dead money, then people do not enjoy money, they think of tomorrow which never comes, they save in the hope of tomorrow which mostly never comes, their earnings are spent on medicine, hospitals and someone will steal it from them.

I know one homeopathy doctor who made a lot of money and was well known for her stinginess. One day, a bunch of robbers came to her house, tied her and took away nearly to the tune of seven lakhs.

I know a man who used to squeeze his family and he never had increments. Every job he went to was lower than his previous one. The reason is that he employs the squeeze cycle with his family members. Contentment and frugality can be accepted. But then people torture others. See this famous dialogue; one lady wanted a slipper of some good quality. Her husband asked her why she wanted to waste money and why not wear a cheaper one. He added “any way you are old and what is the use of you being attractive”.

Women are the last priority in the house. They will have to give everything to men. One woman told me, “When we want something, people will obstruct and create problems for us”. Many people make money dead, useless and will spend on negative causes like death, medicine etc.

My teacher Deshika Kirtie never saved money. He used to spend money and when someone asked for money, he was generous. I asked him one day about insurance and he said “God is my insurance and my sadhana are my investments”.

People can not enjoy money. They will wait for a golden tomorrow which will never come. In the name of savings and investments they treat people shabbily and expect everyone to sacrifice for them.

I hope we woke up to this reality.

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The art of making MONEY

The major question in many people’s lives is how to make money ? 

Many people are frustrated with life. If you are earning in 10, 100 and 1000s  you will be very frustrated  with life. If you make money in lakhs in a month and save in 10,000s then most of the needs in India can be met. If you make money in crore it will be difficult and save In lakhs the life will be really sweet and nothing can be unaffordable in this world .

Money making is different levels which are

10s 100s 1000s 10,000s lakhs, crores, 1000 crore etc. so if you ask the question how to make money in 100’s, 1000’s, one lakh each one will have different answers. The following are a set of principles, which work most of the time. There are many books in the market, most of them cover some principle, which is written in this article. I have stripped examples and lengthy explanations. Please even reread many times it will be easy for you to understand.

• Education– true, being educated helps you to have money at a certain level. How much depends on the type of course. Engineering, MBA will have far more chances of money making. Phd also will help you to make money. If one has studied only 10th std or so, money making capacity will become less.

• Learning a skill or technique- plumber, electrician fitter etc do come under this category. The same principle can be applied with doctors.

• learning an art – music, singing, dance, astrology will help to make money.

• family name – like that of ambani etc. being born in a rich family.

• Aligning with big names- for example, someone who is friendly to Illayaraja can have doors easily opened for him and be very successful.

• Aligning with negative people selling, liquor, prostitution, murder, smuggling can help you to make lot of money.

• Aligning with the right field- software, IT retailing, BPO etc. depend on time each century one can align in the field where maximum money is poured by humanity.

• Aligning with right place- like in cities, one will make more money than that of villages, the metropolis will be higher. If one wants to make money in India in the capital market then Bombay is the best place. So is with Bangalore in IT.

• Going abroad is the easiest way where one can make money due to currency differences.

• Gaining experience in one field will be helpful because people tend to trust you and are willing to employ you because of the track record.

• Position – being in a responsible position of power like GM etc one will make a lot of money.
• Power brings in money and money will attract power.

• Also reaching the first 20 lakhs will be more difficult than reaching the first one crore because multiplying money which is big is easy. The basic level of money, which is called seed money, is difficult.

• Learning psychic skills like creative visualization will be helpful.

• Following the next big trend for example In software there was time 100% bug free was not there. Maybe if one is able to do so then one can make a lot of money.

• Law of imitation- big people imitated by small people. HLL products by karsina bhai. Bill gates by Naryana Moorthy.

• Law of contacts using the place of birth, friendship and known people will help you succeed very fast.

• Law of reversing the trend for when everyone was selling more quantities of chik shampoos with the price of one packet for Rs one.

• Doing new things not attempted by many people for example listing in Nasdaq was done by INFOSYS which  helped them break new ground.

• Taking risks is also another way of manifesting money. The more you take risks the more it will be easy to make money provided it works fine.

• Aligning with the latest technology is also another way to manifest money.

• Aligning with the latest principles – like six sigma, outsourcing will allow one to make money.

• Selling a product – this is done in business.

• Good noble qualities like persistence, hard work talked by Norman Vincent peale is a fine example of making money. Lazy people or sick people never made money.

• Using media to become popular cricket, football or any kind of sports thrive on these simple principles.

• Selling products to masses for example selling products like soap and powder to masses like Hindustan lever which had become rich. So are most multinational companies.

• Same product in different countries for example Pepsi and coke who sell the same product in different countries.

• Selling product in niche segments like that of Bose radios, this is the principle of the selective class of people.

• Selling products to classes- luxury brands like Mercedes, Gautier furniture.

• Tell more and u will sell more products. Any kind of advertising works that if more people know the product more will buy easily.

• Make it available in all areas– many FMCG companies make the urban product available in rural areas.

• Make people buy the same product again and again. Bill gate did it in software, Saravana Bhavan in food.

• Make people have more than of one on the same product – for example titan aamir khan having more watches, Lay’s chips make actors eat more than one packet. Companies make people buy two cars.

• Get yourself associated with big company or leaders In field. If one works for satyam computers or takes order In multi national company, money making is very easy. Bigger name is easier money.

 In Some areas of work, money is more and power is less. This can be working for companies like software.   In Some work, power is more but money is less for example being an astrologer. . In some areas fame is more than power as it is in acting.

If one wants to make really more money in lakhs the best way will be business. New models like the internet can be found for making money. New theories like investing in global funds will be a new trend. New ideas like that of angel investing can multiply money.

I have outlined different ways, which have covered the basic principles. Some more ways can be also added in future.

STILL NOT CLEAR ABOUT THE ART OF MONEY MAKING, WANT TO KNOW HOW YOU CAN MASTER THE ART OF MONEY MAKING, CONTACT – 9840572247