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PRODUCT.|PHILOSOPHY.|LIFE.

Getting Rich

Anyone can make more money, but no one can make more time. People with lots of time are the truly rich among us.

Some people acquire wealth by doing what they like.

Many people acquire wealth by working, just so they can afford to do things they like when they are not working.

While the first scenario is the ideal to strive for, the law of probability tells us that, as observed in the world, only a small percentage of people actually succeed in living this way.

Majority of the people and majority of the products fall in the second scenario.

It is ideal to make products the way you would like it to be, and still have a sustainable demand for it. But there are only a handful of products in the world, about which this can be said.

The rest are under pressure to earn more revenues, more profits, more market share or some other metric that its makers are judged against. And the principles which were in place while the product was first envisaged are sidelined to make headway in search for higher performance on the metrics.

This implies that there are a lots of people who are willing to turn a blind eye to the sourcing policies, labour practices, detrimental effects on the environment in making the product, all for lesser prices and easier access.

I see a correlation. The weights attached to the two definitions of wealth will correspond with the weights they attach to the kind of products they demand, the kind of governments they elect and the kind of societies that evolve.

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1 comments:

  1. Success is not a very simple journey that you can experiment in a couple of years and try whether by doing what you like pays off or not,
    Like you said very few percentage of people make success living that way, the reason being, very few percentage of people have the guts to keep going and not give up inspite of numerous failures. People talk about successful men and women, but never do they speak of the path or their journey! The unaccountable failures they faces despite of which it was the passion that kept them going, they did it not for the money that followed but to leave a mark, to do something big and to push the human race forward (as quoted by Steve Jobs).

    How many people have what it takes to reach the heights? How many people are willing to face all the failures and days with no money or barely enough money to survive, for years before they hit success?

    Today people think practically, they want to make their life secured, a decent job, collect enough money then maybe a startup!

    In this scenario, all I would like to say is the CEO's of the biggest companies today did not collect money before they started up!

    Cheers!

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