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Gozie51
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January 19, 2024, 04:56:51 AM
 #181



So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.

This is not an appropriate assumption to being rich or poor. Knowledge is not all that you need to become rich otherwise all professors would have been rich but there are many of the professors who are barely surviving and hard times seeing them only to the level of average people in the society. There is say like if if you try your best and it is not working for you or that you didn't succeed then people should not blame you.... Some people have tried in different endeavours and didn't succeed not because they didn't have knowledge but because certain things didn't just workout.

What about rise and fall? There are many businesses that have risen to greatness and have also crashed whose reason is not only about mismanagement but government economic policies. If government decides not to carry on with certain policy that will help certain areas of businesses grow, it means patronage will reduce and the business will collapse.

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January 19, 2024, 09:24:20 AM
 #182

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of  what he knows or  can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.
To some extent you're quite right and everyone ought to upgrade their thinking and mindset before making money, the mindset must be so ready to make money and that's when new ideas and innovation can start coming, I believe the mind controls the body, so anything we want to engage in the mind must be ready first.
The aspect you mentioned knowledge is somehow complicated cause a lot of rich guys out there earn more than the knowledgeable ones so it's not all about degree and rank when making money, have you asked around and know why a lot of people get there wealth or you're just asumming, I know without hardwork no one can be rich and even with the knowledge you fail to put it into practice it's called wasted knowledge.

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January 19, 2024, 09:57:02 AM
 #183

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of  what he knows or  can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.
To some extent you're quite right and everyone ought to upgrade their thinking and mindset before making money, the mindset must be so ready to make money and that's when new ideas and innovation can start coming, I believe the mind controls the body, so anything we want to engage in the mind must be ready first.
The aspect you mentioned knowledge is somehow complicated cause a lot of rich guys out there earn more than the knowledgeable ones so it's not all about degree and rank when making money, have you asked around and know why a lot of people get there wealth or you're just asumming, I know without hardwork no one can be rich and even with the knowledge you fail to put it into practice it's called wasted knowledge.
Waste knowledge on the sense that you dont able to utilize those ideas or things in your mind just because you dont have the enough funding or capital on which you could really be able to materialize
those ideas for your advantage but just like you do said that ideas wont really become reality and this is the difference in between to those people who do have the capital or money
compared to those who dont have but its true that hard work and dedication do really pays off but it would really be just that depending on how well you do able to hover yourself on working for that success.
No one would really be able to make themlselves successful if they wont really be  that making such hard work and wise decisions to be made on.

We do know that living is never been simple specially to those people who are really just that earing sufficient on day to day living. For those who do have that golden spoon on the time that they've been born
then its good but for those who dont then we would really be needing to work for us to have a better life.

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January 19, 2024, 10:04:50 AM
 #184

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of  what he knows or  can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.
Before earning money they should improve their thinking and mentality you are right that earning requires more knowledge without sufficient knowledge it is difficult to succeed. Improve your skills little by little every day with practice and knowledge and try to improve your work. Only those who have given their work the highest priority and practiced it honestly for a long time have been able to achieve real success.

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January 19, 2024, 10:21:16 AM
 #185

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.
Knowledge is really crucial because that's how you can gain skills to use for improving yourself and to expand your resources to earn money. Sometimes one don't have to be a degree holder in order to succeed. Because even if you didn't finish your studies, but you're still learning through self studying (since it's already available online) that would be a big help to gain knowledge.

Experience will also play a vital role for self-growth. This way, you can maximize your chance to look for more opportunities for a better career since your mind is filled with knowledge and experience as your keys to reach your goal.
Knowledge, when matched with experience, is an invaluable asset in life. Many people who may have a lot of theoretical knowledge but they lack experience will also hinder them, because sometimes the theory is not always in line with what happens in the field. Likewise, experience is not balanced with knowledge or balanced with learning from mistakes it also creates the oportunity we will face the same problems. This is because knowledge and experience will complement each other and live life, both play an important role in the life we live.

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January 19, 2024, 01:19:34 PM
 #186

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of  what he knows or  can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.
To some extent you're quite right and everyone ought to upgrade their thinking and mindset before making money, the mindset must be so ready to make money and that's when new ideas and innovation can start coming, I believe the mind controls the body, so anything we want to engage in the mind must be ready first.
The aspect you mentioned knowledge is somehow complicated cause a lot of rich guys out there earn more than the knowledgeable ones so it's not all about degree and rank when making money, have you asked around and know why a lot of people get there wealth or you're just asumming, I know without hardwork no one can be rich and even with the knowledge you fail to put it into practice it's called wasted knowledge.
Waste knowledge on the sense that you dont able to utilize those ideas or things in your mind just because you dont have the enough funding or capital on which you could really be able to materialize
those ideas for your advantage but just like you do said that ideas wont really become reality and this is the difference in between to those people who do have the capital or money
compared to those who dont have but its true that hard work and dedication do really pays off but it would really be just that depending on how well you do able to hover yourself on working for that success.
No one would really be able to make themlselves successful if they wont really be  that making such hard work and wise decisions to be made on.

We do know that living is never been simple specially to those people who are really just that earing sufficient on day to day living. For those who do have that golden spoon on the time that they've been born
then its good but for those who dont then we would really be needing to work for us to have a better life.
Funding is important, but it's not everything. My friends, innovation runs on ideas. Capital aids, but it's not magical. Consider: history is full of underdogs who converted 'waste knowledge' into empires with tenacity and smarts. You should play your hand well, not mourn the cards you're missing

How about hard work and dedication? They're success scaffolding. Some are born with a golden spoon, but even a spoon needs a hand. It requires informed choices, measured risks, and sometimes perseverance. Success is a strategy game, not a lottery ticket. In this game, resourcefulness often beats riches

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January 19, 2024, 01:53:53 PM
 #187

its such abstract concept to be honest and kinda difficult to understand if you really think about it i mean we might deserve more income if we have more knowledge or in other word skill, such as being an expert in certain field but there are something called luck and entrepreneurship where we could possibly just outsource some task to some people that are already expert in that field so we can succeed without even knowing how to do something.
having more knowledge definitely doesn't guarantee that we gonna be rich in any way. i've seen many that are former executives in some company went into poverty, surely they have more knowledge and experience that are more than some ordinary people but anyway they are trapped in debt and won't become rich anytime soon.
earning money is in my formula defined with combination of luck, skills, knowledge, and opportunity, without these, earning more money that equates to success would be significantly harder.
also even with those doesn't guarantee that we will become rich anyway.

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January 19, 2024, 02:40:36 PM
 #188

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of  what he knows or  can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.
You have to do business in this area.  And you have to adopt new strategies through which your business will grow.  Through jar you will get not double money but hundred times profit.  So you have to be an entrepreneur.  This will increase your knowledge and more than double the profit.You work hard.  Then the job will offer you a certain amount of money.  And if you do business you will get a lot of profit.  When it comes to business, you have to take a gamble.  But there is no juke when it comes to jobs.

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January 19, 2024, 02:56:19 PM
 #189

Thats a wrong calculation. For the hardwork we've done, we'll be rewarded. Same as that for what we have done in a smartway we were able to reap the rewards. This doesn't mean only based on the knowledge one have got, the person gets rich or leads the regular life. Based on what you've mentioned what will you say a person who had won big jackpot and turned rich. Her doesn't have any knowledge, all that he did is just bought few tickets. So, knowledge is required to make life better, but that doesn't mean only with knowledge one can be rich.
The harder you work, the higher your income will be. No logic can bring you good income if you can't work hard. There is no substitute for hard work to earn good income. Even those who own very big companies and live very luxurious lives did not reach their positions without hard work. So if you can work hard then you can increase your income multifold or even thousands of times and live a luxurious life.
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January 19, 2024, 11:40:35 PM
 #190

Thats a wrong calculation. For the hardwork we've done, we'll be rewarded. Same as that for what we have done in a smartway we were able to reap the rewards. This doesn't mean only based on the knowledge one have got, the person gets rich or leads the regular life. Based on what you've mentioned what will you say a person who had won big jackpot and turned rich. Her doesn't have any knowledge, all that he did is just bought few tickets. So, knowledge is required to make life better, but that doesn't mean only with knowledge one can be rich.
The harder you work, the higher your income will be. No logic can bring you good income if you can't work hard. There is no substitute for hard work to earn good income. Even those who own very big companies and live very luxurious lives did not reach their positions without hard work. So if you can work hard then you can increase your income multifold or even thousands of times and live a luxurious life.
But there is "work smart," or the saying "work smart, not work hard." The thing is, working harder than you do cannot always be the case or the key to more income or success. Yes,  it can be one of the factors, but not for all people. For example, in a poor family, no matter how hard the members work, they are still in their position. Why? It's because working hard doesn't mean more money at all times; the salary is fixed, or worse, they don't have a stable income even though they work harder and harder. That's where "work smart" comes in, meaning that while working hard, of course, you also need your knowledge so that you can find a way to earn more than you can. You can use your skills and wise thinking so that even if you are not going to work harder and harder, you can earn more because you know how to crack the system of this world.

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January 20, 2024, 02:44:36 AM
 #191

I have heard of many logics but this particular logic I haven't heard of before. So if the more knowledge I have the more money i will make is going to be possible what happened to my professors in university, because if it's measured by the knowledge or skill I suppose this calibers of human being are supposed to be the richest in the world right now. so what really happened that they are not the richest is it because they don't have luck or they haven't read enough so I guess this logic is not correct.

I believe your perspective of reasoning is based on where you are; maybe you were brought up in such a way that education (knowledge) is the primary key to money or success whereas they are more to that than just learning or having knowledge or skill because if you ever evaluate from the rich people you will know that sometimes luck applies, sometimes some people are born with silver spoon so they are fortunate enough to become more richer than every other person or that's an ancient logic that is not longer working now.
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January 20, 2024, 06:08:19 AM
 #192

Thats a wrong calculation. For the hardwork we've done, we'll be rewarded. Same as that for what we have done in a smartway we were able to reap the rewards. This doesn't mean only based on the knowledge one have got, the person gets rich or leads the regular life. Based on what you've mentioned what will you say a person who had won big jackpot and turned rich. Her doesn't have any knowledge, all that he did is just bought few tickets. So, knowledge is required to make life better, but that doesn't mean only with knowledge one can be rich.
The harder you work, the higher your income will be. No logic can bring you good income if you can't work hard. There is no substitute for hard work to earn good income. Even those who own very big companies and live very luxurious lives did not reach their positions without hard work. So if you can work hard then you can increase your income multifold or even thousands of times and live a luxurious life.
But there is "work smart," or the saying "work smart, not work hard." The thing is, working harder than you do cannot always be the case or the key to more income or success. Yes,  it can be one of the factors, but not for all people. For example, in a poor family, no matter how hard the members work, they are still in their position. Why? It's because working hard doesn't mean more money at all times; the salary is fixed, or worse, they don't have a stable income even though they work harder and harder. That's where "work smart" comes in, meaning that while working hard, of course, you also need your knowledge so that you can find a way to earn more than you can. You can use your skills and wise thinking so that even if you are not going to work harder and harder, you can earn more because you know how to crack the system of this world.
Apart from working hard and working smart, we will get maximum income, but we also have to have good financial management, because no matter how big our income is without good management it will be useless. This is closely related to a person's lifestyle, we can see rich people who live simply, so that their wealth accumulates and grows continuously because they have good financial management.

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January 20, 2024, 06:47:42 AM
 #193

I have heard of many logics but this particular logic I haven't heard of before. So if the more knowledge I have the more money i will make is going to be possible what happened to my professors in university, because if it's measured by the knowledge or skill I suppose this calibers of human being are supposed to be the richest in the world right now. so what really happened that they are not the richest is it because they don't have luck or they haven't read enough so I guess this logic is not correct.

I believe your perspective of reasoning is based on where you are; maybe you were brought up in such a way that education (knowledge) is the primary key to money or success whereas they are more to that than just learning or having knowledge or skill because if you ever evaluate from the rich people you will know that sometimes luck applies, sometimes some people are born with silver spoon so they are fortunate enough to become more richer than every other person or that's an ancient logic that is not longer working now.
That's right, now everything comes back to oneself even though there are indeed different levels when starting something to achieve what you want.
Not everyone is lucky, not everyone has the same opportunity, but everyone has the opportunity to try so that even though we don't reach the desired point, if we try, we will move from where we are.
People's logic is different, as is someone's point of view.

Apart from working hard and working smart, we will get maximum income, but we also have to have good financial management, because no matter how big our income is without good management it will be useless. This is closely related to a person's lifestyle, we can see rich people who live simply, so that their wealth accumulates and grows continuously because they have good financial management.
Apart from earning money, of course we also have to manage money well, this cannot be denied because everything that will happen or the planning we do in the future requires money so managing money is important, but this is something that everyone is aware of. but it is difficult to apply it in real life.
I am one of those people who find it difficult to manage finances, there are many theories that I have read and studied and applying them in real life is not an easy thing.


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January 20, 2024, 07:22:24 AM
 #194

There are many ways of increasing your income if you're in the corporate world. Of course, the best way is to climb that up through the corporate ladder and get promoted. Otherwise, get hired with 2-3 more companies and be a consultant while doing less with the other part-time jobs that you'll have. So, it's more of a service and getting paid hourly but you'll have to find the ones that you'll be working for or it's the freelance marketplace.

Another one is what the rich do, they have services that everyone mostly need and they're charging up expensively because it's what everyone's need and it is in demand. While there are the products and the consumables for which the profiting there is about the volumes that they get in sales. So, in everything, you get to revolve around with the sales and that's what people have to understand about how to make money a lot. Learn from them and try to do the things that you love passionately and you'll not get tired of it. Otherwise, you'll have to upskill and learn other new skills for you to cope up with the competition in the market especially that there have been a lot of layoffs lately from most tech companies.

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January 20, 2024, 10:38:01 AM
 #195

Thats a wrong calculation. For the hardwork we've done, we'll be rewarded. Same as that for what we have done in a smartway we were able to reap the rewards. This doesn't mean only based on the knowledge one have got, the person gets rich or leads the regular life. Based on what you've mentioned what will you say a person who had won big jackpot and turned rich. Her doesn't have any knowledge, all that he did is just bought few tickets. So, knowledge is required to make life better, but that doesn't mean only with knowledge one can be rich.
The harder you work, the higher your income will be. No logic can bring you good income if you can't work hard. There is no substitute for hard work to earn good income. Even those who own very big companies and live very luxurious lives did not reach their positions without hard work. So if you can work hard then you can increase your income multifold or even thousands of times and live a luxurious life.
But there is "work smart," or the saying "work smart, not work hard." The thing is, working harder than you do cannot always be the case or the key to more income or success. Yes,  it can be one of the factors, but not for all people. For example, in a poor family, no matter how hard the members work, they are still in their position. Why? It's because working hard doesn't mean more money at all times; the salary is fixed, or worse, they don't have a stable income even though they work harder and harder. That's where "work smart" comes in, meaning that while working hard, of course, you also need your knowledge so that you can find a way to earn more than you can. You can use your skills and wise thinking so that even if you are not going to work harder and harder, you can earn more because you know how to crack the system of this world.
Apart from working hard and working smart, we will get maximum income, but we also have to have good financial management, because no matter how big our income is without good management it will be useless. This is closely related to a person's lifestyle, we can see rich people who live simply, so that their wealth accumulates and grows continuously because they have good financial management.
Exactly! I know a lot of people who have had similar experiences, they have a higher income from their work and businesses but they are still struggling with their budget and savings, one of the reasons is that when their income increases, their expenses increases too, which is one of the wrong way of handling your finances. Financial management is crucial especially if you have a lot of expenses and bills that's need to pay.



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