The 6 Tiers of Riches [Episode 2]
December 2, 2021 2021-12-02 18:47The 6 Tiers of Riches [Episode 2]
The 6 Tiers of Riches [Episode 2]
In the last video, I talked about the seed tier of riches; how it is the stage where you are laying the foundation for wealth creation.
If you have seen that video, then watching this video which I am talking about the profit tier is in the right order.
As the name already suggests, the profit tier is the point where you are getting returns on your investment. You do not attain the profit tier if you have never gone through the seed tier.
If you’ve seen the previous video, you must have seen the three major ways to sow. After the same order, there are three major channels of profiting: Look us have a look at them
- Profit from financial investment: This happens when you begin to get dividends on your stock investment, interests on your fixed deposits, profits from your business, rent from real estate and many more.
- Profit from skill investment: You profit from your skill investment when your services are more coveted by deep pocket clients because of the value it brings to them. It manifests in a raise in by your wages, an increase in your service fees. It becomes evident when your upgraded professional qualification leads to your promotion at work with the financial benefits attached to it. When you get better at customer relations, the attendant increase in sales spells a higher turn-over rate which means your bottom line experiences a boost.
- Profit from relationship investment: After some time in your journey, you begin to realize that it is not just your competence and skill that draws attention to you. There are people whom you have once interacted with and the extra value they got from your attitude towards them lives a lasting impression. Memories of you lingers because people hardly forget how you made them feel. These are the people that speak for you in places where you may never have been heard of. Their recommendation opens you up to greater opportunities.
More people need to learn that in addition to money, property and skills, people are assets too. The more people you gain to your side, the higher your propensity for profit. Therefore, while aptitude is good enough, attitude is greater.
In conclusion if you are sure you have been sowing the seeds, water them with the virtue of patience, and in due time, you will harvest your profits.