Which Is the Difference between Income and Wealth Production and what to Do about it?
Every company is initiated by its founder with a dream, a dream that is substantiated by an idea. This idea is in turn based on the answers to questions like “what am I here to do?”, “why will I be better than others?”, “how will I do things better?”. In order for a company to be born, the answers to those questions need to be able to point out to production of value that would overcome the costs. And if this perceived value overcomes the perceived costs then commitment stats to be build. It only when this commitment becomes so strong that it would overcome the perceived risks that the company is born. But is this enough for a company to produce wealth? The answer is no! Value can be produced out of an idea. But what kind of value this idea is going to produce depends. The production of value is not equivalent to the production of wealth. The production of wealth is simply a function of the production of sustainable value. The production of non-sustainable value is equ...