Finance

Aspect #1

Moving capital with good judgment that it will multiply

Finance is the first aspect because without capital, nothing moves. Capital, in all its forms, measures market realities that successful leaders rely on to steer their services into better waters.

Accessing the Five Types of Capital

Capital is not simply money, but also trust, relationships and quid pro quo. Skill in finance is the skill of building trust. The stock market runs solely on the faith investors have in a public company’s ability to make money. In law, trust is a literal arrangement in which one manages property for the benefit of another. In community organizing, an organizer builds trust between community stakeholders to achieve a consensual aim. People turn to experts to explain complex ideas simply to them so that they can use the knowledge. All of these examples are moving capital—trust—from one person to another, causing the capital to multiply and make both parties a bit wealthier.

Connecting Incomes to Capital

Below are actions, ownerships and investments a leader does or accepts to promote growth and wealth.

  Earned Income Passive Income Portfolio Income
Social Give time. Accept service. Organize meeting. Network. Endorsement, advise.
Human Coach, teach. Learn, practice. Own teaching materials. Pick method. Gain recommendations, license name
Financial Work hourly. Employ. Distribute service or product Own stock.
Physical Maintain property. Rent out land. Lease land. Improve land.
Environmental Manipulate land. Own land. Own manipulation methods.

Seven Aspects of Industry ++ Extraction->

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