Topic: Logic of life - page 10. (Read 1250 times)

80% is a made-up number. You can't know or calculate how much knowledge you have. More knowledgeable a person is does not cause they will automatically earn more. That also applies to the richest person, it does not imply they are the smartest person.

Beware of the confirmation bias, there are exists people who pretty much have a decent knowledge yet their life somewhat unfulfilled. Life's complex, so do not reduce it to a mere piece of knowledge, especially since you boast about the logic of life.

Logically, this is so, because of the 100% achievements that have been obtained by everyone in their life, there is 80% and even less than that is the income from the knowledge they have. And the rest is from relationships and cooperation with other parties in his life so that the desired income target can be achieved properly, although it will not always be the same every month.

The richest people in this world initially also moved from very small results and even in other words there were many of them who moved from zero to success with a higher level of income. This means that they also try and learn from what they already know and always find out what they still don't know so they always make more mature considerations when they want to do new things even though it is to support more income for themselves

I quite agree with what you are suggesting, because basically it is very clear that without knowledge, anyone will not easily earn more. And even the smaller ones will also be difficult to get if he doesn't know what he should do in his life so that it can be concluded in this case that seeking knowledge is the main key to increasing income every month in our lives.

If you improve your knowledge on something that you know and still put a low price tags for your service, you are earning less. Earning more has to do more with the value you place on your service after having enough knowledge to know that you can deliver as demanded. You can earn more if you increase the value for the service you offer. You will surprised that in your field, there are some people who are earning really good amount just because they know how to place value on the products and services they offer. If you value yourself and understand the service you offer, you will demand more, and those demands will be met when a well paying client See's the value you have placed on your products and services yourself.

Not always, my friend. Of course, knowledge is an essential factor for success in life, but it is not always like that. Some people get huge fortunes through luck or inheritance without having any knowledge. On the other hand, there are people who have great knowledge but do not have the financial capabilities to start their projects or their own business.

Therefore, it can be said that knowledge is essential in life, but there are also opportunities that come before a person, and he must make good use of them.

What you know will not at all times lead to an increase in your income. Some so many professors are knowledgeable in different fields, yet they are not wealthy. The ideal statement would have been the better financial knowledge you acquire and utilize, the greater your chances of becoming rich. To be rich is a product of putting your financial knowledge to work. If you have a profitable business idea and fail to put it to use, it will become obsolete. If you want to make more money, learn more about investment and business in diverse areas and take advantage of the opportunities they offer. Diversification of business is key to making more money.

Most of the world's richest men might not know much about a particular business but they employ or partner with people that is knowledgeable to start and manage the business while they sponsor the venture. So riches might not only be a product of knowledge but maximizing opportunities.

It's not just a matter of knowledge. Knowledge, experience, the ability to use knowledge in practice - this gives the result. Plus - the society in which you live has a high value. Let me explain.

I know one man, a fine theoretical chemist.
We went to school together, graduated from different universities. Since childhood, he was fond of chemistry, I was interested in technology.
He graduated with honors from the university, winner of student olympiads, one of the best graduates of his class. It would seem that there is unique knowledge, go to work, all doors are open to you.
But .... he could not just find a use for himself! Industrial enterprises needed chemists of a different level, relatively speaking "more primitive", and not his level. Pharmaceutics also looked "crookedly" at the graduate. In a word, "smart uncles" took him into circulation, who decided to use his knowledge to synthesize illegal drugs!
Well, let's call him "Eugene", did not have much time to do anything, as the group was covered. He was supposed to get a short but very real term in prison ... Thanks to our help, he can be pulled out without a "black mark" in his biography. Then it took almost a year to find him the right job. And in 1997, he flew to the United States under a contract to work in a company where chemists are the basis of business (for obvious reasons, I do not indicate the names).
"Eugene" continued his studies there, he has a high scientific degree, he has a favorite job and family. A person does what he loves, where it is possible to fully realize it, and among adequate people who give good to the world.

Therefore, knowledge, and the presence of a field of application, and the society that surrounds and guides you - all 3 components are important for success.

Earning come from your strategies, diversification of business is what fetches more money, that's while big men who is opportune to have money always extend their money in different business form so that weekly or monthly they will be receiving a cool money as return, don't you know that one of the objectives that makes people to be poor is lack of business knowledge and also be greedy to establish or diversify business in different sectors or functions, so I believe that this is one of the elementary thing that makes people to be poor, in order to earn higher you most have a primary and secondary plan and ensure that it comes to accomplish.

If you want to increase your income, you must also increase your knowledge, skills and abilities so that you have the opportunity to earn more. If you're working in a company, you can learn more about what it takes so you have the opportunity to move up the ranks.

And if you are opening a business, you must learn what can help your business grow even better. Knowledge can indeed help us to get something even better. So related to that, you need more knowledge to increase your monthly income.

But you should know that learning will need time and when you can be patient while you learn, you will see that what you did will give you something in the future. The process will never lie.

Maybe you are referring to the position that an employee where the salary were based. Since in a working industry there's a lot of work that needs specific knowledge it maybe too hard to study it may take years like doctoral or law. So when the job it's difficult then you would get paid higher than an average work where you won't need wide knowledge to get the work done. But actually you're wrong, it's true you may need knowledge to earn that much but people who risk their safety with physical work could also earn more. Let's say a cleaner of windows of a building, his salary was fixed monthly since you won't need to clean windows everyday so he might paid $1000 per month. I actually saw this where people shaming his work not knowing his monthly salary is much higher than them.

Knowledge plays a vital role in supporting one's career, business endeavors, and professional journey. However, I disagree with the notion of income limitations. It is not an absolute truth, as each individual possesses a unique correlation between their knowledge, skills, and abilities to increase their financial earnings.

It is essential to recognize that numerous factors significantly influence an individual's income, including market conditions, the demand for specific skills, the extent of personal effort, the surrounding environment, and personal circumstances.

And there are also smart people who still continue to enjoy the wealth of their parents without any hard work to make money independently. And indeed knowledge is very important but it does not guarantee one's success if one does not have experience and hard work
because in my opinion both of them will go hand in hand with one's knowledge to be successful, and can also increase one's income because of hard work and existing experience.
experience and hard work teach someone to keep trying when they fall and get back up, and this will be a lesson and when repeated experiences they already know the solution and will not fall into the same hole.

Knowledge is very key to financial freedom but it is not enough, there are many people that are smart but are lazy, and you still need to covert this knowledge to actions, knowledge is like a potential energy that needs to be converted to kinetic energy through diligence. There are many people that only know one thing but through their hard work they have been able to turn their lives around and secure their financial future. Also if you are in a good company of people it helps

I think you're referring to earnings or profits that allow being consistent. Knowledge alone can sometimes become obsolete, people say "experience is the best teacher". From several experiences it will produce evaluations and form stronger economic instincts in all the changing conditions of life variables.

And people have to believe in themselves that what they do will reap results.

the world isn't as linear as that, there are many that encounter opportunity of turning around their life, having such high income out of pure luck, without even having slightest clue of what they are doing.

even in business it's the same, sometimes the business just grows out of nowhere, raising the profit generated into another level of height even with the business owner having no slightest clue about whats happening.

I think it's all just matter of keep trying, you just try and try all the opportunity of raising your income that arises, hoping that one of them eventually give you some big rewards.

even if you don't have the knowledge, this knowledge could come along on the way, so long you keep learning new things.

Thats a wrong calculation. For the hardwork we've done, we'll be rewarded. Same as that for what we have done in a smartway we were able to reap the rewards. This doesn't mean only based on the knowledge one have got, the person gets rich or leads the regular life. Based on what you've mentioned what will you say a person who had won big jackpot and turned rich. Her doesn't have any knowledge, all that he did is just bought few tickets. So, knowledge is required to make life better, but that doesn't mean only with knowledge one can be rich.

The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of  what he knows or  can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.