Are we giving enough value?
āYou donāt contribute enough.ā That was something my parents once said to me, and in that moment, it hurt me a little. But how can I blame them? They are 100% right⦠at least for now. We obviously can't focus on contributing to society if weāre focused on contributing to our own growth. And this is when most people will call you egotistical and stamp you as a bad person. But I think thatās where we have messed up. Of course, ego in the sense of not contributing to society in any way, I think is a bad thing. But hereās an interesting thought: in what ways can we contribute to society? We contribute by bringing value to the table (image of The Value Equationā) But in the Value Equation, there is only one thing weāre all born with: time. So, if we can save someone time, that becomes valuable. And what most people choose to do is to exchange their time for money and do labor for someone else (employer). However according to the Value Equation, ātime delayā is not the only way of creating value. The other way is to work on yourself, to the point where you can provide more value than what your time used to do. Which then makes your time more valuable. And because money flows where value goes, youāll also receive a much higher financial return. So with this, you can actually scale your value, unlike your time, which is limited to just 24 hours in a day. The trade-off is that you contribute drastically less at the beginning of your self-developing journey. āGive me six hours to chop down a tree, and I will spend the first four sharpening the axe.ā - Abraham Lincoln Think of āsharpening the axeā as working on yourself, and āchopping the treeā as contributing to society. If you constantly āsharpen your axeā you will never get to use it. But if you constantly āchop down treesā, youāre āaxeā will become dull and end up being useless, until you sharpen it again. This is how Iāve been balancing responsibilities and self-development to work towards creating immense value.