Success is to make life better, judged
by the wider society. Many nations elect politicians based on their track
record on economic issues; Job Creation, business opportunities, Productivity measured by Gross Domestic Product (GDP) and Diversification across Standard Industrial Classification (SIC). Therefore, the focus is on and across new Economic Drivers SYNERGIES to meet the nations’ highly needed Revenue Earnings
projections. The historical risks, in such thinking, has always been, leaving
people behind in a state of poverty, unemployment, increasing crime and
eventually leading to insurrection. A new measure is slowly taking hold as
nations seek to close the Wealth Gap. Success must and will soon be measured by
A Happiness Index.
Success is not passing exams but learning the lessons. Many
students, guided by parents and teachers, regurgitate answers to earn
accreditation, without practically applying the lessons. e.g. English essays
are written, to pass exams, but how many can be published as news or research,
to earn a living. Learning carries an inherit value which employers are willing
to pay for to sustain and build their organization. Such skills and developed
talents are an individual’s product and should be used to establish a life-long
reputation or brand. The goal therefore is not to pass exams and get a job, but
to constantly learn and enhance ones Contribution and Career.
Success is not about having money but about earning returns. Many
young and not financially educated persons seek and gain employment to pay
their basic living expenses, but do not save or ask, after demonstrating the
dedication and skills, for a raise in salary or wages to increase such savings.
Such savings deposits, as small as it maybe, would provide a sense of comfort
in times of emergencies. Lessons in financial literacy would guide such small
savings into investment accounts earnings returns without any additional
effort. And lead to larger physical investments which can generate more,
without any extra personal work, Returns.
Success is not holding a job but contributing to expansion. Many
highly educated adults become complacent in a job with a good salary, benefits
and a pension, without tracking inflation and their future Cost of Living.
Understanding, having lived in it, that basic grocery items will double or
triple by the time of retirement and their health will decline, and medical
bills will increase. Each employee must contribute to the expansion of their
organization, if that organization is to survive and grow to pay future
pensions. Alternatively, and essentially, the employee must have built within
their working life, a diverse personal investment portfolio, consisting of
numerous organizations that will survive to pay a pension.
This is what separates the
haves and have Not. An individual, family, organization or nation will remain
as a have Not, as their fight to pay bills as due, without a long-term plan.
Such a professional long-term plan takes current factors and projects realistic
development and expansion goals, to show the road to achievements. These
achievement points must be set while, postponing non-essential spending.
Spending on security, healthcare, and education, while monitoring income
growth, both from salary increases and savings and investments returns as their
match achievement points. e.g. The fast-food employee, appointed supervisor,
then branch manager did what have to be done to become a franchise owner. But
essentially, constantly, along the way, had to modify their own definition of
Success.
Rationale
T.A.J &
Associates Company Limited uses this occasion
to comment on topics that have been covered, both academically and by the
mainstream media, to add its opinion and point out investment opportunity, not
to invoke any social action.
