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Author Topic: Do your work.  (Read 1829 times)
Cryptomultiplier
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January 19, 2023, 09:57:32 PM
 #141

We all have different occupations and work for different companies. We work hard and keep improving ourselves to show our company owner how good we are at our work and how efficient we can be in growing the company. But all we are doing is helping grow someone else's companies. All our talent and struggle is to help someone else earn more money. What are we doing for ourselves? At some point in our life, we must grow our own businesses for our own safety.

The title "Do your work" refers to growing your own business. We all have some skills in different sectors and we use all of our energy to work for a company and get a monthly salary. But we are not supposed to work for that company till death. so how will we bear our living expenses after retirement? Most people do not think about that.

You can say yes they do. They do monthly savings for their retirement plan.

But this is not savings or investment. Your fiat currencies lose value every year. So Your 30 years of saving will be the same in numbers but not in values.

So what can we do then? We have so little to grow a business.

Invest your saving in precious metals like gold and silver or digital assets like bitcoin, or it can in some potential stock or it can be in real estate. Invest your money where ever you want. Just do not keep it in a bank. The Bank interest rate is not higher than the inflation. You are losing money not gaining it. The point is to invest even if your saving is negligible.

Well said OP, I could almost swear you knew me in person, because what you just posted is more or less a projection of my thought.  
When they say one should do his/her work or water his/her garden, it simply refers to what you have said and anyone who regards growth mostly as concerns value, is and will  be given special accolades for the contribution to humanity in respect to the excellence he/she has achieved in becoming successful at an endeavor which somehow contributes to society.

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January 20, 2023, 05:35:50 AM
 #142

 People have different views and principles, so not everyone is open to cryptocurrency or bitcoin. And some people are destined to be employees until they grow old, because that may be what their family has taught them and brought them to life.

    There is nothing wrong with that, but if you are the kind of person who dreams in life and will do everything to achieve it, this is where the solution comes in to enter the business or investment industry because most of them have nice houses and land, beautiful cars is actually due to having a business or investment, so there is a saying that the rich get richer and the poor get poorer.



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January 20, 2023, 03:56:22 PM
 #143

There's this common mistakes we often make atimes, we look at other's success a d think the same way that works for them will be applicable to ours as well, so we keep on wasting time on what is not, am not saying that we should not be a trail blazer but we must do our own work to make things work out, if we don't see or reason the the same way they do, let's do the work needed to be done now as a means of paying the price to what it takes to making it in life.
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January 20, 2023, 04:01:46 PM
 #144

Not all people are skilled to have their own business and most people receive their knowledge to not build their own business but to work in a company that's why its hard to ask them to start their own business. Those people who work in the company are better to start saving their money on an asset like a house, gold, etc.

Well, people have their own passion, we can't force them to have their own businesses and they have their own way to make a living. Also there won't be a businessman who has their own company if there's no worker who willing to work for him.
Get to know yourself. We cannot force that we have to really do business in the life we live because everyone has their own competence.
As you said, not everyone can do business, even though many say that sometimes doing business is better, but if we don't have the skills and competencies needed, then things won't go well.
indeed in this case we won't know if we don't try but in other cases we also have to recognize ourselves so we understand what qualifications we can do not just try casually only see other people succeed from there.

To recognize yourself is quite difficult, most of the lower middle class can only do their usual routine every day. I mean, work and work without thinking about the future or doing business to improve their standard of living to make it better. in fact, they are well aware that doing business is not as easy as we talk about. there are many factors that become obstacles, whether it's capital, ideas, or a lack of knowledge in the field of business and low education factors are one of the biggest obstacles to changing one's perspective.

So, as you guys said. not everyone is competent to do business even though in this technological era everything can be turned into a business. after all, everyone has their own fassion style. after all, we ourselves are not necessarily successful if we are in the business world. so, keeping with the theme of the title of this thread. do your job.

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January 20, 2023, 04:04:41 PM
 #145

There's this common mistakes we often make atimes, we look at other's success a d think the same way that works for them will be applicable to ours as well, so we keep on wasting time on what is not, am not saying that we should not be a trail blazer but we must do our own work to make things work out, if we don't see or reason the the same way they do, let's do the work needed to be done now as a means of paying the price to what it takes to making it in life.

Having said that it is a common mistake, many people still think they can succeed if they follow the advice of billionaires or other successful people. They forget one thing that our starting point is not the same, our circumstances are not the same, so we cannot use the same formula for success. Too many people make the mistake of imitating others, while they never find the recipe for themselves, those people will never have success. 
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January 20, 2023, 06:59:02 PM
 #146

Having said that it is a common mistake, many people still think they can succeed if they follow the advice of billionaires or other successful people. They forget one thing that our starting point is not the same, our circumstances are not the same, so we cannot use the same formula for success. Too many people make the mistake of imitating others, while they never find the recipe for themselves, those people will never have success. 
Learning from the experiences of billionaires is not bad, although there is no guarantee that we can achieve success like them, but we must focus on trying as much as possible without giving up before reaching 80% of your work has been successful, it is better that we have our own formula for work according to our abilities, so keep going continue your work because everything takes time to achieve all the planned targets.

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January 20, 2023, 11:29:43 PM
 #147

There's this common mistakes we often make atimes, we look at other's success a d think the same way that works for them will be applicable to ours as well, so we keep on wasting time on what is not, am not saying that we should not be a trail blazer but we must do our own work to make things work out, if we don't see or reason the the same way they do, let's do the work needed to be done now as a means of paying the price to what it takes to making it in life.

Precisely, we look at their success right away without focusing on how they do it. There are always different perceptions and anticipation the only good thing that I can tell is we can use their success as basis and following their footstep to find what is fit for us can really help in achieving our goals, never to think that you can easily have the same outcome with how successful investors/traders already achieve, they also start as beginner and they look for the right pattern to used to execute the strategy that fits them.

Doing your DYOR and allowing yourself to explore with how you will find the right guide and the right system to work with the way you wanted to achieve your goals.

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January 20, 2023, 11:30:22 PM
 #148

Not all people are skilled to have their own business and most people receive their knowledge to not build their own business but to work in a company that's why its hard to ask them to start their own business. Those people who work in the company are better to start saving their money on an asset like a house, gold, etc.

Well, people have their own passion, we can't force them to have their own businesses and they have their own way to make a living. Also there won't be a businessman who has their own company if there's no worker who willing to work for him.
Get to know yourself. We cannot force that we have to really do business in the life we live because everyone has their own competence.
As you said, not everyone can do business, even though many say that sometimes doing business is better, but if we don't have the skills and competencies needed, then things won't go well.
indeed in this case we won't know if we don't try but in other cases we also have to recognize ourselves so we understand what qualifications we can do not just try casually only see other people succeed from there.

To recognize yourself is quite difficult, most of the lower middle class can only do their usual routine every day. I mean, work and work without thinking about the future or doing business to improve their standard of living to make it better. in fact, they are well aware that doing business is not as easy as we talk about. there are many factors that become obstacles, whether it's capital, ideas, or a lack of knowledge in the field of business and low education factors are one of the biggest obstacles to changing one's perspective.

So, as you guys said. not everyone is competent to do business even though in this technological era everything can be turned into a business. after all, everyone has their own fassion style. after all, we ourselves are not necessarily successful if we are in the business world. so, keeping with the theme of the title of this thread. do your job.

In addition to what you said, most people sacrifice their passion for doing work in order to meet their daily and monthly obligations especially if you live in a thrd-world country. Here in the Philippines, majority of the people are working in order to at least meet their basic needs and provide for their family. To be honest, it somehow baffles me whenever I see people living in first-world countries doing what they really want while at least maintaining a standard of wage that can sustain themselves.

Not all people have the luxury to engage in business. Even if some might have the passion to do so, it is much more harder than it looks given the lack of opportunities that most face.

R


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January 21, 2023, 12:38:42 AM
 #149

We all have different occupations and work for different companies. We work hard and keep improving ourselves to show our company owner how good we are at our work and how efficient we can be in growing the company. But all we are doing is helping grow someone else's companies. All our talent and struggle is to help someone else earn more money. What are we doing for ourselves? At some point in our life, we must grow our own businesses for our own safety.
When we still work for others, our goals are only for earning money from the main salary, getting bonuses, and a good position in the workplace. In addition, if we are working in a good and popular place, we will also get acknowledgment from our family and other people. But, that's it will happen only if we are able to do our best job in every task that we can work well. But, every time we are making any mistake, we will be blamed, once more, we may also get threatened to be dismissed and replaced by new ones if we are unable to achieve expectations according to the target. That is what a job for others working.

So what can we do then? We have so little to grow a business.
This is also not as easy as we think, building our own business will face very bad issues, problems, and also obstacles, more than when we work as an employee. However, if we are s startup, this will have many obstacles to pass. However, that's true that whatever the condition, building a business for us will be meaningful if we really has the enthusiasm, consistency big efforts, and also other things to develop our business, including the money. Sometimes, people are still doing their jobs in their recent work while they are also building their own businesses outside. this will be a good idea, but also will spend more time and energy to do daily.

In brief, every job or business will have risks that will depend on what we are doing. So do invest in this crypto world especially in Bitcoin in order to get more income, this will also require risks. But, as long as we can manage the risks, in whatever the jobs, we can pass it well.

R


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January 21, 2023, 12:49:36 AM
 #150

Some people don't want to take a risk and the sad truth is that they more invest in their retirement and stayed in the company until they will retire. Starting your own business is difficult and if you are still working to save for capital then it will take more time others get old but not investing in your retirement are you will feel that your future of getting old is not secure. What I mean is that it is a good idea that we have to set up our own business but sacrificing those retirement investments is risky as this would be your fallback option if your business will fail.
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January 21, 2023, 02:03:54 PM
 #151

Having said that it is a common mistake, many people still think they can succeed if they follow the advice of billionaires or other successful people. They forget one thing that our starting point is not the same, our circumstances are not the same, so we cannot use the same formula for success. Too many people make the mistake of imitating others, while they never find the recipe for themselves, those people will never have success. 
Learning from the experiences of billionaires is not bad, although there is no guarantee that we can achieve success like them, but we must focus on trying as much as possible without giving up before reaching 80% of your work has been successful, it is better that we have our own formula for work according to our abilities, so keep going continue your work because everything takes time to achieve all the planned targets.

I'm not saying learning from their experiences is bad, but we shouldn't be too rigid or rely on it to think we'll become as rich as them. We are too different when compared to them in terms of circumstances and thinking, so even if we apply what they say, we will never succeed. Meanwhile why don't we experience and draw experience for ourselves.
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January 21, 2023, 09:14:19 PM
 #152

Individual people have individual skill sets. But you can't always move on to do something on your own. Some people choose to work, and some people choose to create their own business. But depending on your investment and your plan and also your luck, you can grow in your business. Those people who don't have enough assets to create their own business, they will always work for other people. And those who earn little amount in order to survive their daily life expenses, they will never be able to stand a business on their own. There's a saying that, you only know the value of the light because the darkness exists.
So there will always be workers who will work for the businessman.
And the thing about investments. I am very lazy, and I don't think I will ever work so hard to make money. I don't feel like working for others and too lazy to listen to them. There's a small business that I own. But I am saving money from that to build my own house. That way I can rent that to others and earn constant money from that. And also I won't have to live on rent anymore.
If I can make enough money to build more, I will make more money that way by doing nothing. It's a lazy investment plan, but I think this is the best option for me.

Bitcoin - Price movements makes it risky.
Gold & Silver - It's just a rock that has value because people chose to.
Stock market - Risky and I don't have enough knowledge about it.

I do hold some Bitcoin. Which I can afford to lose. Other plans, not much likely to go there anytime.
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January 22, 2023, 10:52:08 PM
 #153

I don't agree with your point, not everyone can build their own business, sometimes it's better for them to work with other people.

In some part of the world like Nigeria, it's better you build your business than working for someone. Working for someone here is like enslaving oneself. They hardly pay good money and anyone that pays too will use all your time and leave you with no time for yourself. Although one may start his/her career working somewhere but it should be a stepping stone. One should try to save and build his own business as time goes on.

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January 22, 2023, 11:36:27 PM
 #154

In addition to what you said, most people sacrifice their passion for doing work in order to meet their daily and monthly obligations especially if you live in a thrd-world country. Here in the Philippines, majority of the people are working in order to at least meet their basic needs and provide for their family. To be honest, it somehow baffles me whenever I see people living in first-world countries doing what they really want while at least maintaining a standard of wage that can sustain themselves.

Not all people have the luxury to engage in business. Even if some might have the passion to do so, it is much more harder than it looks given the lack of opportunities that most face.
In fact, this condition is actually not only in the country, but indeed in other countries it will be like that. We must be aware that with the current conditions and when we work it is clear only to make ends meet now, especially where conditions are much more severe than before where increases in all aspects continue to occur.
As for the desire and desire to do business, actually anyone can still do this, but the problem is not everyone can do that. Trying is obviously a pretty good one, but before that, go back to the initial point by knowing yourself because this is indeed one of the supporting factors that is quite important actually.

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January 23, 2023, 04:25:14 AM
 #155

I don't agree with your point, not everyone can build their own business, sometimes it's better for them to work with other people.

In some part of the world like Nigeria, it's better you build your business than working for someone. Working for someone here is like enslaving oneself. They hardly pay good money and anyone that pays too will use all your time and leave you with no time for yourself. Although one may start his/her career working somewhere but it should be a stepping stone. One should try to save and build his own business as time goes on.

Not just in your place, it is in all countries and people want to get into business it is just they still don't have the capital to start and they are having a hard time-saving money because their salary is just enough for their daily needs. The cycle should also need to be balanced if people want to get into business then that meaning of it there are no people that are working or operating those businesses? as well as if there is no business as they want to work an 8 - 5 pm job then there are no job opportunities.
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January 23, 2023, 08:06:52 AM
 #156

I don't agree with your point, not everyone can build their own business, sometimes it's better for them to work with other people.

In some part of the world like Nigeria, it's better you build your business than working for someone. Working for someone here is like enslaving oneself. They hardly pay good money and anyone that pays too will use all your time and leave you with no time for yourself. Although one may start his/her career working somewhere but it should be a stepping stone. One should try to save and build his own business as time goes on.

Not just in your place, it is in all countries and people want to get into business it is just they still don't have the capital to start and they are having a hard time-saving money because their salary is just enough for their daily needs. The cycle should also need to be balanced if people want to get into business then that meaning of it there are no people that are working or operating those businesses? as well as if there is no business as they want to work an 8 - 5 pm job then there are no job opportunities.
Yes, a lot of things are needed in building a business, so it's not something that's easy,
in terms of capital, sometimes some people work around this by borrowing money from a bank or whatever it is, but of course it requires consideration so that you are not wrong in making that decision.

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January 23, 2023, 11:43:48 AM
 #157

Learning from the experiences of billionaires is not bad, although there is no guarantee that we can achieve success like them, but we must focus on trying as much as possible without giving up before reaching 80% of your work has been successful, it is better that we have our own formula for work according to our abilities, so keep going continue your work because everything takes time to achieve all the planned targets.
This is not a bad or good problem, but rather a person's ability to follow it and try to stay focused on the target that has been planned by himself. I see billionaires as an example only that they can be successful in their own way so that other people cannot take their references without making their own references in their life. Because some of these billionaires have indeed been born into well-off families and not all of them are simple so they can immediately have the capital to make themselves rich.

I'm not saying learning from their experiences is bad, but we shouldn't be too rigid or rely on it to think we'll become as rich as them. We are too different when compared to them in terms of circumstances and thinking, so even if we apply what they say, we will never succeed. Meanwhile why don't we experience and draw experience for ourselves.
Seeing the way they (billionaires) do it won't be wrong because it can also be a guide in life even though not everyone is able to do it, because basically everyone is born in situations and conditions that are not the same in their family in this world so it doesn't have to be completely also see those who are already rich, but as long as we can reap the benefits of the efforts they have put in to become successful, then it would not be wrong to follow them as much as we can.

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January 23, 2023, 01:26:11 PM
 #158

I don't agree with your point, not everyone can build their own business, sometimes it's better for them to work with other people.

In some part of the world like Nigeria, it's better you build your business than working for someone. Working for someone here is like enslaving oneself. They hardly pay good money and anyone that pays too will use all your time and leave you with no time for yourself. Although one may start his/her career working somewhere but it should be a stepping stone. One should try to save and build his own business as time goes on.

Exploitation of employees by employers is a bad practice that sadly occurs everywhere and not just in your country. Owners of business obviously want their start up to grow and succeed, hence would do anything in their power including making employees work more hours with the minimum pay.

Small business owners would have to scrape together every last penny they can to put back into the business. It is not an easy task to start up and run a successful business as the labor market, filled with already established businesses is not exactly a friendly place for startups.
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January 23, 2023, 03:11:55 PM
 #159

I feel bad whenever I open a thread and all they do is speak so much ill of fiat and hoping it gets replaced by Bitcoin and it seems some persons just want to automatically impose the use of Bitcoin on the world if they have their way.
Well your advices are great @OP and people really need to learn how to diversify their assets and there is always a difference between savings and investment and rather than save, I always advice people to do more of investment though it is risky at times but it is always worth it at the most time.
The importance of investment really can't be over emphasized but you should also know that the risk involved in investment are so much especially when investing in digital assets and I always get to tell people that if you know, that one can't handle the emotional stress involved and associated with investing in digital assets one should rather invest in shares.

R


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slapper
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January 23, 2023, 04:04:51 PM
Last edit: July 24, 2023, 04:52:22 AM by slapper
 #160

Individual people have individual skill sets. But you can't always move on to do something on your own. Some people choose to work, and some people choose to create their own business. But depending on your investment and your plan and also your luck, you can grow in your business. Those people who don't have enough assets to create their own business, they will always work for other people. And those who earn little amount in order to survive their daily life expenses, they will never be able to stand a business on their own. There's a saying that, you only know the value of the light because the darkness exists.
So there will always be workers who will work for the businessman.
And the thing about investments. I am very lazy, and I don't think I will ever work so hard to make money. I don't feel like working for others and too lazy to listen to them. There's a small business that I own. But I am saving money from that to build my own house. That way I can rent that to others and earn constant money from that. And also I won't have to live on rent anymore.
If I can make enough money to build more, I will make more money that way by doing nothing. It's a lazy investment plan, but I think this is the best option for me.

Bitcoin - Price movements makes it risky.
Gold & Silver - It's just a rock that has value because people chose to.
Stock market - Risky and I don't have enough knowledge about it.

I do hold some Bitcoin. Which I can afford to lose. Other plans, not much likely to go there anytime.
When determining how to create money and build wealth, explore all your choices. There are people who prefer working for others and those who prefer self-employment. The decision should be based on the person's talents, resources, and risk tolerance. It's vital to understand that starting a business isn't necessarily a definite road to financial success.

Educating oneself about your investment options and weighing their advantages and downsides is crucial. Due to its price volatility, Bitcoin may be a risky investment. Even if gold and silver are safer assets, the market decides their value. For novices, the stock market is risky. Consider your goals and risk tolerance while picking an investment strategy. Asset diversification is essential to avoid losing everything if something goes wrong.

It takes time and effort to realize a return on investment from a small business or the stock market. Monitoring your holdings and adapting to market changes takes time. Making money this way isn't lazy. Be prepared to invest time and work in this long-term plan.

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