Honest way to get rich

Honest way to get rich
08/11/2002 NST By Charisma Mendoza

There is not one among us who, at one time or another, dreamt of being rich. Some of us went to convert that dream - you became rich, you made it! Some others continue to dream of that wonderful way to get rich! And really we have ourselves to blame when you fall under that category.

You can get everything you want in life as long as you give others enough of what they want. If you give nothing of value, you get nothing of value. Your method of exchange determines your wealth.

The type of exchange determines your financial success. L.Ron. Hubbard, a well-known author on wealth planning points out four types of exchange.

1. First consider a group which takes in money but does not deliver anything in exchange. This is called rip-off. Examples:

You pay a $1,000 deposit for a new car. The dealer goes bankrupt. You get no car and no refund.
Someone in your office avoids doing work. Lots of excuses, lots of smoke screen, no work, full pay.

This first exchange condition is basically theft. The second exchange condition is cheating.

2. Second is the condition of partial exchange. The group takes in orders or money for goods and then delivers part of it or a corrupted version of the order placed. Examples:

The "$99 Dream Vacation Package" pushed out by a travel and tours organisation, turns out to be a smelly motel room by the freeway.
Instead of working, an employee reads a magazine, surfs the Net or makes personal calls while being paid.

3. The third condition is the exchange known, legally and in business practice, as fair exchange. One takes in orders and money and delivers exactly what has been ordered. Most successful companies and individuals use this principle. Examples:

A $10-per-hour employee works 40 hours of normal work and is paid $400.
You pay your power bill and get electricity.

4. The fourth condition of exchange is not common but could be called exchange in abundance. Here one does not give two for one or free service but gives something more valuable than money was received for. This fourth principle above is almost unknown in business or the arts. Yet it is the key to howling success and expansion. Individuals and businesses that use this fourth method of exchange flourish when others are in trouble. For example:

You pay an artist for a painting who then frames it for you at no extra charge.
An employee not only does all of her own work, she trains a new employee, works on her day off when another employee calls in sick and assumes new management responsibilities without demanding more pay.

At first, giving more than expected seems unfair. You give extra effort without recognition. You add value to your work or products without anyone noticing. Yet eventually, you rise to the top and people like working with you above others.