What are you paying for?
As an expert, as a businessman, in fact as a human being, it’s expedient to know what you’re paying for in every transaction. This is one of the orders of financial strategy and intelligence.
Every time you make a transaction involving financial or fiduciary measures you’re paying for one or more of the following things;
I’ll only show 8 measures for this level.
3. Emotional satisfaction.
I’ll highlight 1-3 today.
1. Paying for information is simply paying for access to contents or facts and that usually comes very cheap compared to the information given. This is usually because the one who has the information doesn’t value it as much as the one who needs it.
2. Paying for knowledge with the understanding of its empowering nature. That’s why you pay to go to school. That’s why you seek to be trained to be better. AND THAT’S WHY YOU SHOULD PAY FOR KNOWLEDGE. (You may choose not to pay for information but don’t treat knowledge as just information)
3. When a product makes you feel good. You can pay anything for it depending on how good it makes you feel. (Actually its according to how good YOU THINK it makes you feel). The bargaining chip here is your perception of comfort. That’s why new things will always trip many people.
If you have a “producer mentality”, this will change the way you see business and how much returns your business can yield to you.
To be continued on the next post.
Unleashing Soteria, Lambano Soteria
Harkheindzel Kenny Omiyale
Development and Empowerment Strategist