Time and value

It is funny how people waste their time on things that don't add value. They should direct their focus on things that add value to them, which should be our all-time goal. Not everyone will be lucky enough to create a business from scratch and will work out because most businesses fail after 5 years. Most millionaires are so lucky to start a business from scratch, and the business sets them and their family free for life. It is most likely that a larger percentage of the population will work under someone.

When you are starting in life, there is a high percentage that you will work under somebody and if you choose to work with someone, they are going to pay you according to your intrinsic value  and mind you your intrinsic value is only determined by what you can offer to the organization you are working with. The more you offer, the more they’re going to pay you, and your intrinsic value determines the kind of money the organization will pay you.

Time and value

At the beginning of our lives, it is good  to add value to ourselves so that our intrinsic value will go up, and no matter where you find yourself, you will be paid heavily because that is the easiest way to escape poverty. When you are able to add value, you will be rewarded. The most important thing is time, and most people don’t know how important it is and how it can also be tricky because it is out of our control. If you misuse your time, nothing can save you; even as powerful as compound interest is, it is most likely that it won’t be able to save you.

Most people believe that even if they can’t increase their intrinsic value to attract more money, they will put in their money into the market to compound and compound interest will save them, but it doesn’t work like that because even as you’re betting against time with compound interest, there is no guarantee that you’ll be able to live long or you will be in good health when you are ready to enjoy the money you've compounded.

You can't control time

One of the things you have to understand is that you can’t control time; it is better to use your time to develop skills that increase your intrinsic value if you want to escape poverty. Investing and compounding your money doesn’t also save you. You can’t control time, and anything can happen to you along the way, even if things require to spend all your savings and the money you are compounding

Some people will tell you that betting against time is the best; they are willing to take that risk instead of spending their hard-earned money anyhow because there is nothing bad in being frugal and living a moderate life, but if it is wealth you desire, you have to look beyond compounding. You have to find a way to increase your cash flow, and to put money in things that can go up over time, not only compounding your money, but using your money to buy value.

Thanks for your time.