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Developing Value Stronger Than Money

January 16, 2011

Ireland Bank

Increasingly people think I’m rich so this is in a series of articles that I’ve drafted to break down my concept of value and wealth to open up a path of discovering what real "rich"ness really is. Even though I am not rich financially (though people think I am), I’ve talked to many who wonder just how I am able to make the moves I do.

Let’s get started…

Encountering Money

The first time I encountered a significant amount of money was when I was 16 and even though I was making far more money than anybody around me I still felt, “stuck”. I realized then that with more money comes more responsibility and not necessarily anything to do with freedom.

Brick Walkway

Just a few days ago I had a three-hour long call with a guy who had made $325k in three months. But, he felt terrible in the middle of it from the physical stress and pressure and that was not what he could or wanted to do long term.

Depending on what kind of system you set in place to make money the results of your hard work can result in less happiness and freedom.

Abandoned Money for Wisdom

If I would have stuck with the first business I created I may have had much more money than I do now, but I wouldn’t have had near the skills, knowledge and wisdom that I’ve accrued over choosing this route.

Crafting Your Career or Business Around Value

Israel Market

When crafting a business or a career you really have to think about the entire picture throughout a lifetime. The goal in life shouldn’t be net money earned because if you live for money you can easily end up building systems that can enslave you instead of set you free.

Delivering Value for the Benefit of Humanity

Ultimately my suggestion through this article is to build your career or business in a way that gives others back more than it gives you. People say if you charge $1 at the door and deliver $10 of value you will be rich. I would go further and ask the following:

Serving Food

In business, it is an exchange of value and I think developing businesses and careers around the concept of putting value on the table really opens up your options as a human being.

My goal is to be incredibly idealistic while simultaneously succeeding (my terms of success are different from most, will explain in another article). I believe I’ve done this on many levels with MJG International and the feedback from the conference we put on at Google HQ, Day of JavaScript on Mobile was indication that you can do amazing things for people while not requiring an entry fee. The conference was wildly successful in all ways I measured the success which didn’t include dollars.

Idealistic Thinking

Build a business or career in terms of how much value you can create not just financially but also use other metrics important to you like knowledge, happiness and progression. This change will really open up a new light into the way you approach your career.

If you approach every new situation in terms of what can you add instead of what you can subtract I guarantee that you will find out that you receive much more rewards throughout the entire life-cycle of your career.

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4 comments

#1. Brandon Benvie on February 11, 2011

I agree with this wholeheartedly and wish it had gotten a bigger response. But I’ve been seeing a bigger picture. The community we’re all apart of, and the amazing things it has given back to the world so quickly go largely unrealized. That’s not really a problem though, we’re not looking for fame.

The problem is that there are sets of people doing the exact opposite of that philosophy: sucking the value out of society while providing nothing in return. I think an even more valuable endeavor on top of what you indicated would be to find ways to enrich humanity while simultaneously undermining those who feed off it like parasites.

#2. Marc Grabanski on February 11, 2011

Oh yes I know…the way things are setup the world actually rewards the parasite class. The system I’m developing doesn’t undermine these people as it just doesn’t include them. The company is formed of people who add far more than they extract from society.

#3. Walter Roth on February 22, 2011

A self selecting process …

#4. Andy on July 01, 2011

I’m at odds with this article. In business it’s difficult to compete effectively unless you submit yourself to the fact that money talks. All I wanted out of running my own company was the freedom to work to my own hours and set my own work that I could do my way. Let’s face it, that;s why most people go into business.

I soo found that my utopian views had to change to chase the money or I;d simply ruin myself and my family.

As much as I’d like to do it simply for the buzz of creating a great system, the truth of the matter is that this world and society is built on the monetary system – you either play along or you drown.

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