09 Mar

                       The essence of wealth

What is wealth?Putting people first, the essence of wealth is human labor, which can also be said to be human enjoyment.

Human labor and enjoyment are one and two sides.Money itself has no value, it can be exchanged for products and services to have value.And the cost of all products and services, layer by layer, can ultimately be broken down into labor costs, which are essentially human labor.

So the value of currency lies in its ability to exchange for the labor of others.But not all human labor is wealth, there are also many useless labor, which wastes time and energy in vain. We call it "futile work".Some labor not only does not create wealth, but also destroys it, such as fraud, theft, and robbery.Labor that is needed by others is wealth.

               The creation of wealth

Wealth comes from labor.Wealth=wisdom * diligence * luck.

1、 Types of laborLabor is divided into production and trade.The wealth created by transactions is three times that of production.The higher the production efficiency and the more free the transactions, the more wealth can be generated.Any obstacle that restricts production and trade is a destruction of wealth.

2、 Labor achievementsLabor achievements=labor efficiency * labor time.So there are two ways to make oneself richer than others, one is to extend working hours, and the other is to improve labor efficiency.

Firstly, extending working hoursIt refers to physical diligence.

Under the same efficiency, if others work eight hours a day and you work ten hours a day, you will work two more hours a day than others. Over time, you can surpass others by a significant margin.

Secondly, improving labor efficiencyIt refers to mental diligence.Improving labor efficiency requires a lot of deep mental thinking to comprehensively enhance the "Dao spell tool".

1. road refers to principles and directions.

The direction is not right, and efforts are in vain. Efficiency is only meaningful when the direction is correct.Determine population trends, industry trends, technological trends, policy trends, etc., and follow the trend.To deeply understand the essence of all things, eliminate illusions, master principles, start with the end, and break through cleverness with strength.

2. Law refers to methodology.

Methodology is a framework of patterns, including patterns of life, patterns of business, etc.You can sell your portion of time once;Can sell one's own time multiple times;You can buy someone else's time and sell it again, only once;You can also buy someone else's time and sell it multiple times.

3. Art refers to technique.

Learn a professional technique, thoroughly study it, and become an expert in this specific field.

4. A tool refers to a tool.

The efficiency of writing with a brush and typing with a computer can be said to be the difference between heaven and earth.By comprehensively improving the "Dao spell tool", your efficiency can be ten to a hundred times higher than others, and you can be richer than others.

   Thirdly, improve labor efficiency and extend working hoursThe intensity of competition does not lie in others being richer than you, but in others being smarter and more diligent while being richer than you.The basic rule for people to cross social classes is to maintain high efficiency and persist for as long as possible.It could be ten or twenty years, it could be a lifetime, it could be several lifetimes, passed down from generation to generation, relay long-distance running.

            Freedom of Wealth 

Wealth freedom refers to the fact that you no longer have to sell your time to meet the needs of life.The passive income generated by your assets must be equal to or exceed your daily expenses.There are two ways to achieve financial freedom,One is to earn enough wealth to achieve a high-quality life;Another is to lower one's desires and lower one's quality of life. The more extreme is to become a monk.One is to move forward, and the other is to retreat. Of course, we choose to move forward.

           The wealth gap

The distribution of wealth in society is not pyramid shaped, but rather pin shaped.Unless revolutionary social changes occur, the wealth gap will continue to widen.But it's not that the poorer the poor, the richer the rich.But smart people get richer and foolish people get poorer.The currency is rapidly depreciating, and labor costs are rising rapidly. This has little impact on those who receive monthly wages, but it is a disaster for those who want to protect their wealth.The social class has never been fixed, and the downward path has always been smooth.It's difficult to cross social classes upwards, but it's too easy to fall.Indeed, 2% of the wealthy account for 80% of society's wealth, but the list of those 2% has been constantly changing.Every year, old people fall from the rich list, while new rich people are promoted.

     The upper limit of wealth

A person's wealth cannot exceed their political rights.A country's wealth cannot exceed its military strength.Violence endures forever, no matter how much money is, it cannot withstand being robbed.




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