Make Money in a Better Way

It Doesn’t Need to Have Money to Make Money

We know that many successful people dropped out of school without getting a degree or never went to college. General Electric founder Thomas Edison, Ford Motor Co Founder Henry Ford, Microsoft founder Bill Gates, CNN founder Ted Turner, Dell computer founder Michael Dell, Apple Computer Company founder Steve Jobs, Polo’s founder Ralph Lauren did so. Higher education is important in traditional professions, but for these men it wasn’t important in accessing great wealth since they started their own business.

So, What Do You Need?

If money isn’t needed to make money and schools don’t teach how to achieve financial freedom, then what is needed?

It is necessary to dream, to be determined, the desire to learn quickly, the ability to use God’s blessings, and to know how to earn income.

Which Way Do You Make Your Income?

Different ways of earning income.

An employee earns money by getting a job, working for someone else or working for a company. A self-employed person earns money by working for himself. An employer has set up a business that generates income. An investor earns money from the various investments she makes.

There are different ways to generate income. It requires different mindset, different technical skills, different learning path and different people. Different people find themselves closer to different areas.

Although money is the same everywhere, the way it is earned can be very different. Think of the different qualities required in all four ways and ask yourself which way you get the most of your income.

Each one is very different. Earning income from different segments requires different skills and different personalities, even if the person in each segment is the same. Switching from one method to another is like playing golf or tennis in the morning and going dancing at night.

You Can Earn Income in These Four Ways

Most of us have the potential to generate income in all four ways. Which one we choose has nothing to do with what we are taught at school. It is more related to our values, strength, weaknesses and interests. What kind of person we are determines how we will earn our income.

Whatever we do professionally, it is possible to earn income in these four ways. For example, suppose a doctor chooses to earn income as an employee. He can work in a hospital or a public institution. He can even become a military doctor or become a permanent doctor of one of the insurance companies.

The same man can also open a clinic and work as a self-employed. He can also choose to be an employer. He hires other doctors. He doesn’t have to work in his own polyclinic, then he can employ a administrator. If this doctor does not necessarily want to have a job in the field of health, he can also establish a company operating in a completely different sector. 

He can also invest in other people’s business or other investment instruments such as stocks, bonds and real estate.

Different Methods of Generating a Source of Income

The way we earn income depends on our character. Some prefer to work for someone else, some hate it. Some people like to own a company but also like to run that company. While some people like to invest, others avoid it by citing the risk of losing money. Most of these attitudes can be found in us.

You Can Become Rich or Poor in All Four Ways

There is no clear relationship between these methods and wealth or poverty. Earning millions or being broke is up to the person himself. Choosing one way or another is not a guarantee of financial success, and no one can give you any advice.

These Methods Are Not Equal

Knowing the different features of each method is useful in understanding which one or which ones are more suitable for us.

Let’s say I choose to earn my income primarily as an employer and investor. Because I would like to take advantage of tax benefits. Legal tax privileges for groups at the top of the table are limited. On the other hand, there are plenty of loopholes regarding tax that can be used by those below in the table. If I get my income as an employer and investor, I can earn much more money in a shorter time and I will not pay high tax.

Money Supports Life

I believe it is absurd to spend a lifetime working to earn money and pretending that money is not important. Life is worth more than money. On the other hand, money is also important in terms of supporting life. We must learn to make money without working long hours. That’s when we get plenty of time to do other things.

If you take a closer look at this simple table, you will see that it contains not only different views of the world, but also very different worlds.

Neither is better than the other. Each of them has strengths and weaknesses.

Some of us can walk more than one path, maybe even all of the paths. We are all different individuals, remember, one method is not better or more important than the other. In every village, town and city of the world, all kinds of professionals are needed in order to balance the financial stability of the society.

On the one hand, our interests change as we grow older and our experience increases. For example, many young people who have just graduated from school are elated when they find a job. However, after a year or two, few find that they are not interested in rising up the corporate hierarchy or are not interested in their business. These changes that come with age and experience cause one to seek new ways to grow, challenge, achieve financial reward and achieve personal happiness…

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I urge you to read my DON’T WORK TOO HARD -WORK FOR YOURSELF post.

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The Key To Being a Successful Investor

One tenth of the people in the world own nine tenths of the total assets. If we are not careful, this ratio can reach 95/05 and even 99/01 in a very short time. In other words, 1% of people can own 99% of wealth.

“Ah, but a man’s reach should exceed his grasp, Or what’s a heaven for?”

Robert Browning

It is our dreams that keep us moving forward. If your reality starts with your dreams, I am happy to say that your dreams will become your reality.

Why so? Because if we didn’t have dreams, we would be living just to survive. I don’t believe that most people’s goal is just to survive. Have you ever heard any teenager say that he hopes to be a stray bum? Usually they say things like: “I want to be president.” “I want to be an astronaut.” “I want to be a fireman.” “I want to be a doctor or an engineer.” These are professions that require effort and sometimes heroism, and young people have dreams and aspirations for these professions.

Winners are always young in spirit. They set high goals and have plans and enthusiasm to achieve what they aim for. They may have crazy dreams, but that’s better than not having them. Then they focus on whatever is necessary to achieve these dreams and make an effort in this direction.

Being stubborn is an important part of being a winner. Some people fail because they give up too soon. When I was little, my uncle always told us the story of a man who loved soda and therefore got into the soda business by creating a product called 3UP. It had failed. Therefore, he started to work again and this time came to the market with a soda called 4UP. This product had also failed. So he named his product 5UP and this time he did whatever it took to be successful, but as you can imagine, it failed again. Realizing that he still liked soda, he made another trial and named his new product 6UP. When this product failed, he completely gave up on this business.

A few years later, someone else produced a new soda and named it 7UP, which was a huge success. When I was young, I could not understand why my uncle kept telling this story. He has told us the same story many times. Later I realized that he actually wanted to tell us not to give up. I never forgot this story and never gave up. His story was very accurate. Tell yourself this story if you need it, and see your inner winning side come into play.

The other component of winning is simply having a winning attitude. I tell people to see themselves as victorious. Positive thinking helps. It is a great power. Winning requires you to have that kind of power. Power means durability. Being positive gives you the strength to deal with extremely difficult situations.

Are you stubborn enough to win? Then you can invest to make money! This is not a foreign region, and you don’t need a passport or visa to enter the winning investor class. I have heard many people say “I am too stubborn” when talking about themselves. But then they pretend they don’t have what it takes to invest! They even talk in such a way that you think they don’t have the right to learn about investment. They’re just missing out on a great pastime and also a better financial future.

Ignorance can cost a lot more than education, and this certainly applies to your financial education. Don’t let the fear of the unknown hamper your aspirations and financial well-being. There are people who would like to take advantage of you. As an example of this, I have seen such situations happen to successful athletes. While they had millions during their sports career, they lose all their assets within 10 years of retirement. Do not let such a thing happen on your own. Learn about money and use what you’ve learned in a way that works for you. This is the first and most important key to a successful investment.

Don’t know where to start investing? I suggest you read my THE FIRST RULE OF GETTING RICH post.

If you think you need motivation, you can check out my posts in this category.

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Seize The Power of Money

Today, we all have a duty to manage the money wisely in our pocket. Of course there is no need to get a bachelor’s degree in economics to have this skill. In today’s world, what is taught in schools leads people to be slaves of money. But what we need to learn is to seize the power of money. Unfortunately, they don’t teach this in economics departments.

A university diploma cannot be a remedy for financial difficulties. Graduation is actually a beginning rather than an end. For sure, we need universities for being productive members of the society. However, these institutions do not teach people to manage money or control their economic fears. Therefore, they cannot guarantee economic satisfaction after graduation.


In fact, we are all “workers”. Let’s not waste our time trying to learn how to make bundles of money or thinking about it. What we need to do is keep control of our budget. When it comes to money, we shouldn’t be trapped by our fears or desires. No matter how much we earn, if we haven’t learned to cope with our fears and desires, then we actually live as high-wage slaves.

We must learn to use our fears and desires to our advantage. We must not let these emotions hurt us. What trapping people is their own negative emotions and ignorance. It is the biggest and most fundamental cause of poverty and financial difficulties. In other words, who are responsible for poverty is not the economy, the state or the rich.

What we need to do is learn to take advantage of our emotions and understand their influence on our thoughts. 

When our boss increases our hourly wages, our desires grow and we succumb to our emotions. Many people look forward to a pay day, a raise or authorization. There is no end to these expectations.

Our desires for what to buy will never end. A better phone, clothes, the latest model car or a bigger house… As our income increases, our desires increase and we always need more money.

Desire calls us, fear takes us out of the door, and we walk away without realizing it. This is the trap.

If we can see, we won’t get caught in the traps. If we keep our eyes open on the road, we will not fall into a trap. Being awake, aware, and conscious keeps us safe from many desires and fears. We have to be honest in determining what we really need. We must always continue our effort to know and understand ourselves. When we want to own something, we must try to find out why we really want that thing. These questions can save us from falling prey to our negative emotions.

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“Lacking of Money” Fear

What exactly is our relationship with money? Do we really want to earn money to fulfill our desires or do we work so hard because of our fears? What is the effect of money on solving problems?

It is natural that we always want to have better and more. In this case, we see money as a tool to achieve our desires. We think that the more money we have, the more pleasure we can achieve. This is partially true. However, we forget that: The pleasant times we create thanks to money actually do not offer solutions to our problems in our lives. We only keep busy and entertain ourselves in the short term.

Moreover, in this case, we tend to want more and more: more enjoyment, more pleasure, more comfort, more prosperity, more security… This is what drives us to work “more”. We hope to soothe our souls by earning more. However, this calming never happens. This psychology can be found in everyone, from the poorest to the richest in the world.

In fact, many rich people get rich because of their fear, not their desire.

As the world’s population ages and more people move closer to retirement, fear is reported to be more about money. Fifty percent of those who were afraid, stated that they were afraid of running out of money in their “golden years”. These people continue to live in fear of lack of money in their daily lives. Millions of them even suffer from insomnia with anxiety disorders. They hope that working and earning relieves them of their worries, but the opposite happens. As they earn more, their fear of being broke grows. So, these people are trapped in a cycle. They are possessed by worries of lack of money. However, they don’t admit it. They try to believe they are getting better.

Believing that earning more will save them from fear of poverty, people start hoarding money. They aim to get richer when they are rich, stack more as they stack, and save more as they save. This is an absolutely unhealthy psychology. And, it gets worse and worse. The more they increase their work and earnings, the more their anxiety increases. They are afraid of losing all their savings. The decline in their standards, well-being, or socioeconomic status has become more frightening for them.

We can find this type of person all over the world. These people believe that they can solve all their problems simply by earning more. The main thing is to see the fallacy of this belief. Because actually not all problems can be solved with money nor wealth is enough for a good life.

Here we can talk more briefly about another group of people. “Money is none of my business.” those who say. This group is those who run away from money. However, they still cannot stop themselves from working. Because these people are not those who do not care about money, but those who deny the importance of money. In fact, this psychology can be worse than having a fear of lack of money.

So what to do?

Our emotions are what make us who we are. Our emotions make us real. We have to face our feelings. We shouldn’t suppress or ignore them. Instead, we must observe, explore, understand, and resolve our anxieties. If we know how to direct our emotions, we will make our lives more livable. Obviously, what shapes our thoughts is basically our emotions. Ultimately, we must learn to use our emotions and thoughts for our own benefit.

You can also read SEIZE THE POWER OF MONEY if you are interested in. 

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