Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution. The
Rich Make Money by solving problems for other people. They solve problems in
exchange for money. And if you want to become more financially successful this
is what you must do regardless of where you are or who you are.
But
before I show you how to make more money by solving financial problems, let me
first tell you what it means to solve a problem satisfactorily. You solve a
problem when you remove pain, obstacles, or challenges from people’s lives. And
when you help them reach their desired end or destination.
So there must be two elements in every problem-solving equation. The First is the pain a person is trying to escape from, navigate, or change. And the Second is the pleasure a person is trying to gain or achieve. So now that you know what solving a problem means what are the kinds of problems to solve if you want to be wealthy?
The Kinds of Problems to solve if you want to be wealthy
There
are many kinds of problems you can solve in the world but since you want to
make more money let’s focus on the type of problem that can give you the most
money. There is only one problem in the world that carries the most potential
for wealth. This problem is the Financial Problem.
Financial problems
Carry
the most potential for wealth because they are universal in nature, everyone
has them, and they cut across different countries, tribes, and nations. So if
you want to make more money fast in your life focus on solving financial
problems. To solve financial problems there are four people you must focus on.
The Four People to focus on if you want to make more money.
The
first is you. The second is other people. The third is Businesses and the
fourth is the Government. When you solve your own financial problems you do not
make much money because money only comes from helping other people. But the
benefit of solving your own financial problem is this. It gives you the
knowledge, skill, and experience you need to help other people.
When
you gain this experience you become a valuable resource to other people. So
make sure never to waste any financial mistakes or decisions you have made in
the past. Reflect on them to know what worked, what didn’t work, and what you
would do next time. This is critical for refining your problem-solving skills
and for helping other people.
If
you want to make the most money in the world you must focus on helping other
people solve their problems. Part of the other people you must help is business
owners. Business owners like individuals have financial problems and they are
looking for people to help them grow their business revenue.
The
beautiful thing about helping a successful business owner is that they are the
richest people in the world and have the most capacity to pay you. But to
succeed with business owners you must solve problems that are dear to their
heart. This, keeping their businesses alive through the constant flow of cash
is one of the most important things in the world to them.
The
last set of people you should strive to help if you can is the government. The
government also needs financial help like individuals and businesses. But their
kind of help requires a certain level of expertise and global application to
reap a high reward. The more difficult the problems you solve the higher your
chances of reaping a high reward. And the more financially related the problem
is, the higher income you will earn.
So
now that you know the kinds of problems you should solve and who to focus on to
earn the most money. Let’s now see some of the factors that determine how much
you earn when you solve a problem?
Factors that determine financial success when you solve a problem
There
are three factors that will determine how much
money you earn when you solve a problem.
1. The type of problem
you solve.
2. The Number of people
you solve this problem for and
3. The financial
capacity of the person paying you. Let me explain these three points in more
detail.
Firstly, the kind of problem
you solve.
Not
all problems are created equal. Certain problems command high income while
others command low income. A small or big problem is determined by two factors.
First is the level of importance a person places on that problem and second is
how that problem is related to making money, saving money, or saving time.
Problems
that are pain-related, connected to making money or saving money, and also
urgent in nature will command more money than problems that are preventive,
future-oriented, or pleasure-seeking in nature. This is because most people are
short-term in their thinking and will be open to help when they feel the heat.
So focus on urgent problems that have a clear relationship with making money,
saving money, or saving time for an individual, business, or Government.
Secondly, is the number of people you solve a problem for.
Solving
a problem for just one person is the fastest way to end up in financial
struggles. One of anything limits your opportunities and this is why employees
struggle financially. They can only serve one employer at a time. The key rule
for making more money is this. Find ways to solve a problem for more than one
person.
If
you solve a problem for one person you get paid by one person and the amount
you get paid is dependent on how close your value is to the bottom line. If you
solve a problem for some people you get paid more money from a few people. And
if you solve a problem for a lot of people you get paid a lot of money by a lot
of people. The ability to help a lot of people at the same time is the
advantage that business owners have over employees. So if you want to earn more
money you must find ways to help a lot of people.
The third factor is who pays you.
Who
pays you determines to a great extent how much you earn. This is because people
can only pay you according to their financial capacity. For example, when you
solve a problem for a peer you get paid income at a peer level no matter the
amount of value you provide. But when you solve a problem for a business owner
you get paid at a business owner level depending on the success of the business
owner.
Business
owners are the richest people in the world and they have the highest capacity
to pay you. All you need to do is ensure you solve a problem for more than one
business owner at a time. And the only way to do this is to help a few business
owners generate more revenue through sales.
So
now that you know the factors that can determine how rich you can get let’s
look at the fastest way to make more money through problem-solving.
The Fastest way to make more money through Problem-Solving.
The
fastest way to make more money through problem-solving is to do two things. The
first is to choose to focus on financial problems, which is the most critical
pain for many people. And the second is to focus on helping business owners who
are the people with the most capacity to pay you for solving their problems.
Business
Owners spend a tones of money advertising and marketing their products. They
are tired of the high marketing cost that produces a low financial reward. Most
business owners are willing to share a part of their profit with you if you
will help them sell their products through word of mouth and referrals.
And
many of them pay up to a 6-figure commission on such sales. If you can help
them connect to a new buyer, you can earn a juicy financial reward for it.
Thankfully, everyone can help at least one or two people connect with products
or services that can help them. The goal here is to only recommend products and
services that you are passionate about.
Preferably
Products and Services that you trust, have tried, and or tested. This is
important because you do not want to jeopardize your important relationships on
the grounds of making money. You must truly want to help people and not just
sell products to make money. When you do this correctly there is no limit to
how much money you can earn.
The Skills You Need to Solve Financial Problems
To
successfully solve the revenue problems of business owners and help other
people you need three skills.
The first skill is creative skills. You need the
ability to come up with creative ideas that will help you sell a product.
Second, you need networking skills. Remember the only
way to make money is by helping other people so you need many more people in
your network who like you and trust you. This means that you must be a leader
and an influencer within your circle. And be able to serve as the connecting
bridge between the people who need help and the companies that can help them.
Third, you need sales and marketing skills. That is the
ability to educate, convince, inspire, or influence people that a product or
service can help them solve their problems. Developing these three skills is
the fastest way to make more money in your life and without the added stress of
additional workload.
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