Tuesday, January 13, 2009

Does Money Equal Power?

This question can be argued by many different people from many different angles, and each time you'd get a different answer. My answer would be "no".

I don't believe that money gives you power. Having a lot of money just gives you freedom. Freedom from working, and freedom to go where ever you want to go, and do whatever you want to do.

Power is different. Power is when you are influential. People follow you. People respect you. People listen to what you have to say, and they take action.

As an entrepreneur, don't focus so much on making a lot of money; The money will come in due time. Rather, focus on being powerful and influential. Make people view you as a resource that they can't do without. Make them follow you. They should follow you on Twitter. They should subscribe to your blog. They should read all your books, and they should call in to all your tele-seminars.

In time, these followers will become your clients, and these clients will refer you to more followers. Before you know it, you are considered a mogul - an expert, a guru.

Consider Martin Luther King, Jr. He was not a rich man, but he was a very powerful man. Can you imagine how many books he would have sold, if he were still alive today? Can you imagine how many people would attend his conferences? Can you imagine how many subscribers he would have to his blog?

That, my friend, is the power of power.

3 comments:

  1. I think that money does give you power.

    Forbes listed Obama's net worth to be only $1 Million. And in today's value of money that isn't a lot.

    Bill Gates is worth itleast $40 B. If Obama and Bill were trying to persuade people to do something. And they were both offering money. Who do you think the people would follow??? Money does = power. Rather you realize it or not is your own loss.

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  2. I just study through the entire article of your own and it was very good. This is a great article thanks for discussing this informative information. I’ll visit your site frequently for some most recent post

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