Showing posts from August, 2012

Adding Value or Money: Which is more important?

Give every man more in use value than you take from him in cash value; then you are adding to the world by every business transaction. - Watter Wallace
All monies are values but not all values are monies. To proof this fact, let’s consider this...
Do you know that at the back of a British 10 pound note is written? "I promise to pay the bearer on demand the SUM of 10 pounds"
I quickly checked the synonym of the word "sum" and there it was "value", if I'll have to paraphrase it will be;
"I promise to pay the bearer on demand the VALUE of 10 pounds"
There you have it! What do you think?
A misconstrue understanding of these two keywords - Value and Money, has affected some individuals such that they fail woefully under the test of conflict of interests. A wise man said to add value to anybody or anything find at least a need and try to meet this need with all Excellency. I was of the school of thought that money in one way or the other is the only v…