Entrepreneurs have different values than those that are traditional thinkers. Traditional thinkers value money while entrepreneurs value knowledge.
Listen to learn how knowledge creates cash.
Hi, Jay Massey with the CashFlowDiary.com, with another quick tip about real estate and business.
Today we're going to talk about what's more valuable, cash or knowledge?
I've heard it said many times and maybe you're one of them, that you've said, “Hey, I would absolutely do business. I would absolutely start up my real estate, or I would totally do that one day when I had the money.”
Let me ask you a question.
Which do you think is more plentiful, money or knowledge and experience?
Ask yourself this question. Do most of the people you know have, at least, one dollar, or, at least, access to a dollar? If the answer is yes, that’s good, but does most of the people you know how to do and run a business?
For most of us, the answer is no.
More people have access to cash than they have access to the knowledge and experience. In my opinion, that makes knowledge more scarce and therefore more valuable. When you become the person who has access to the knowledge, sometimes what I call the “means of production,” you therefore become the person that is more valuable and able to attract the cash.
Think about it. What if you knew a special new process that could cure cancer? Do you think that would attract capital?
Of course, it would. What if you knew a way to improve travel?
Just travel. From one place, point A to point B, and you could make it happen faster, cheaper, and safer. Do you think that would attract capital? What if you knew a better way to provide uses of land and real estate? Do you think that would also attract capital? Those are the things that we must become good at in order to understand how to attract capital to get our deals done.
If you like information like this and want more of it, feel free to check us out on our website at CashFlowDiary.com. We also can be found on Facebook as well as in iTunes or Twitter. More importantly, when you go to our website feel free to take advantage of our complimentary course, Cash Flow Foundation.
It's step number one in our Cash Flow Creation system. We teach you literally how to develop your own personal cash flow pipeline that comes straight to your door.