Sunday, June 15, 2014

Innovation and Distribution

One way to make money:

Innovation and distribution:
Innovation: you don't have to completely invent a new product or service. You can just reinvent a product or service, or modify or improve an existing  product or service, or add a modern element into a traditional product or service, repackage it and reintroduce it to the world. Innovation is just half of the battle while distribution is the other half of the battle which eventually determines the failure or success of a business. Sometimes you can succeed with a mediocre product or service if your distribution is immensely successful, while sometimes you will not succeed if you have an excellent product or service if you can't successfully deliver it to the hands of million people. People don't pay you just because you invent or have an excellent product or service, people just pay you when you invent or have an excellent product or service and actually deliver it to them.

Methodically/technically, it is easy to make a lot of wealth. Think about what value you can offer to the world, think about what value you can offer to other people that can help other people, and you know how to distribute this value(product or service) to millions of people, you can be rich. Money is a reward for your contribution to this society, the society values rich people because rich people have made great contributions to this society.

Or think about what goals you have, and how you realize your goals, think about it, can how you realize your goals help other people realize their own goals, if yes, tell other people how to realize their goals, if you can successfully tell millions of people how to realize their goals, you can be rich.

Or how do you improve your life? Can how you improve your life help other people improve their own life, then tell it to millions of people, if you can tell millions of people how to improve their life, you can be rich.

Simply put, to get rich is to deliver value carried by either a product or a service to millions of people, or to deliver huge value to hundreds of people.





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