Post
Topic
Board Economics
Re: Do your work.
by
monineklutak
on 26/04/2023, 09:35:52 UTC
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.


That is right to grow our own business. Being a regular employee the salary is not sufficient for my financial needs. We do really need some extra income to be able to survive and it is hard to save extra money for investment. Having your own business is much better in being an employee, we need to work hard to be able to surpass the target income that we are aiming. When the business is already working really well, we could save up and we can invest it to a  profitable investments.
Having a business is certainly better but on the other hand growing a business to be big is not an easy matter,
we have to do a lot of things and it really takes time and energy,
other than that it doesn't mean that the business guarantee will be successful so indeed all of that has risks and the important thing is we need to have knowledge and skills.