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.

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