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The Secret to Thrive in Today's World

11/13/2021

1 Comment

 
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Our world is rapidly changing and entrepreneurs must adapt to thrive and stay successful.  

The challenge is that much of the old advice that worked for so long doesn't necessarily work nowadays.  For example, "hard work" has always been advice to get ahead.  Work hard and you will succeed, right?  Maybe in some things these days, but I know people that work very hard and they don't get ahead.  They are stuck in the same job or role and no matter how hard they work, there is not going to be a drastic change to their life situation - unless they change where and how they work.

The secret to thrive and succeed is to learn to become more productive - to do more with less and continue to expand it.  This means that you need to work hard, but more importantly, smart at the right endeavor.  You must have a way to create and expand wealth as an individual and as an entrepreneur.  A great example of this is that for much of the last century, people were told to save their money and some day they could retire.  But, since the early 1970's savers have become losers as the US dollar was taken off the gold standard and the currency has inflated ever since, eroding over 95% of the dollar's buying power.  Because of this, saving money can't keep up with the rising costs that will continue, so savings will just continue to erode in value.

I'm not saying that people shouldn't save some money or have some cash on hand.  What I am saying is that saving alone is not a good idea.  Money is currency and that means it needs to keep moving to grow - it needs to be productive.  To do this, it must be invested and used to continuously expand and grow either itself, a business, etc.  

Take time to think about how you can be more productive and gain leverage.  How can you do more with less?  How can you invest to expand and grow?  What old ways of thinking don't work any more and need to be cut out of your life or business?  

Answer these questions and you'll be on your way to thriving in todays world!
1 Comment
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