Showing posts with label payment. Show all posts
Showing posts with label payment. Show all posts

Tuesday, September 25, 2012

Your work Your royalty

In the investor words royalty is defined as "A payment made for the use of property, especially a patent, copyrighted work, franchise, or natural resource. The amount is usually a percentage of revenues obtained through its use." Probably I wouldn't prefer to complicate the meaning or the definition by way of elaborated complex description as we don't need it. If you have understood the above definition which I am sure that you have then to make your understanding simpler just read the title of the blog once again.

Whatever you work on earlier during your lifetime is what that will serve you when you're unable to work later. Today, many people are in the rapid mad rush of building materialistic assets one after the other with an unending list in their hands. In due course they are forgetting to build the contribution that their work can generate. I am not against the process of building materialistic assets as I do agree that it's very important in life but let me reassure you that its not the only solution for the days of drought. If an author has authored a book, he keeps getting royalty income when every new copy of his book is sold. Similarly when a musician has composed a music album, he keeps getting royalty income for every record that's sold. These types of royalty keep continuing and increasing as long as the book or the music can satisfy the customers. So an author who invests more on enriching his writing ability to cater to mass audience can write more books of more vareity and have more sources of royalty income. Similarly a musician who can nourish the musical talent in him in diversified directions to meet the tastes of diversified music lovers can enlarge his modes of royalty income for all the musical work that he does. In either of the cases, if the author or the musician starts focusing only on increasing his bank balance or the luxury chart of his house exploiting the temporary popularity in ignorance of the growth and development of his talent then he might soon end up in losing the people's interest because people demand change and novelty.

The example of the author or the musician was just to illustrate the importance of the quality of work that one has to deliver over the mere fulfillment of basic and baseless necessities of life. Your work is what will reap you fruits when you're no more in a position to deliver the same what you could do some years back. Hence focus on what you can do more, what you can do better and how much more your work can contribute. My work is to develop the messages in my blogs to reach the different strata of thinkers and readers and also to know their reviews on is.mohanbn@gmail.com
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Saturday, September 22, 2012

Decide to not ask

I remember the famous thought stated by my dear birthdaymate Albert Einstein which goes like this -"I thank all those who denied to help me because of which I could learn and do all of it by myself". Probably due to time and knowledge constraints not everyone of us may be able to follow this statement though we agree with the same. There are innumerable situations that come in our lives where we are entrusted upon with certain work and we start searching for all those who can help us in that regard. Sometimes we are lucky enough to receive the help that we expect whilst sometimes we are at the end of receiving rejections as well.

The decision to not ask for help is one of the toughest decisions that you can take in any scenario. I am not suggesting one to stop asking people for information or service. When the source of any information or service is a specific individual and you cannot afford to have it done by yourself you may ask for their service in return of some payment but when you are self-aware about the algorithm to reach the information or the skill to learn the work to be done you might just be leaning one someone else for help even if its in the form of payment and might end up on the side of losing the experience. When you decide not to ask for help in any form your mind is forced to search for everyway to get the information you need to perform your work except for asking someone else. This provides enough force on the brain to innovate new ideas to accomplish the work at hand and that is where all your creativity will burst out. This process of punishing helplessness on oneself is a bit tough when you can see knowledge modules moving just around you but its quiet necessary to evacuate the dependency quotient from within and fill in the confidence to accomplish anything all by alone self.

Take any inventor for that matter who innovated something that didn't exist before. He or she was forced to think on creating something that didn't exist just by using the existing components and no one else knew the procedure for the same and hence it was helplessness forced upon by the surrounding environment that made him or her to invent what he/she did. You will explore the solution provider in yourself for any problem you face when you take up the complete ownership of solving any problem that you come across by yourself just by deciding not to ask anyone else for help.
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