1-minute Wonders

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This One Fix Will Redefine Your Career
www.1minutewonders.co.uk

This One Fix Will Redefine Your Career

Change yourself from a ‘service’ to a ‘product-based’ business

Geraint Clarke
May 28, 2020
Share this post
This One Fix Will Redefine Your Career
www.1minutewonders.co.uk

Change yourself from a ‘service’ to a ‘product-based’ business

Photo by Will Porada on Unsplash

You earn money and you buy things.

On average, these ‘things’ that you need to buy increase at a faster rate than the amount that you earn. You’ll always be in a deficit.

However, this profound problem can be overcome when you change yourself from a service, into a product.

Being a service means that you need to clock-in and clock-out, your time is what you’re exchanging for money, so there will be an inevitable glass-ceiling to what you can earn — aka there’s a limit to what the market will pay for your service.

By turning yourself into a product, or focussing on a product-based business, you’ll be earning while you sleep. Time stops being a factor in your capacity to earn.

This could mean hiring staff to do your work for you or actually selling a product.

It’s the only way to escape the economic rat-race we’re all in.

Published by One-minute Wonders. A publication for shorter stories on bigger questions.

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This One Fix Will Redefine Your Career
www.1minutewonders.co.uk
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