Wealth Creation

by Unre Visagie

Create wealth by adding value to products and services
Chapter 3
p.1
You regularly refer to “wealth creation”.
What does this mean?
The creation of wealth is a fundemental concept in the economy of a country. And is the reason for the existence of a business.
Wealth can not be distributed before it is created.
There is so many examples of activities in a country that consume wealth. Only business creates wealth.
People start companies, invest in companies and work in them because they are eager to participate in the process of creating wealth in order that they, in turn, can share in that wealth.
The process whereby a company creates wealth is by “adding value” to products and services which it in turn sells to customers.
Only as the company “maximizes its value contribution to the customer” can the company maximize its business and grow its turnover and profits.
Finally, as the team members and employees of the company maximize their contribution (value add) to the company, can they expect to reap the rewards of their efforts and share in the wealth created.
The fundamental key to this understanding which is the subject of this Walk & Talk process, is to optimize and grow the different interests and needs of the three main role players in the business – the individual, the company and the customer.
The redistribution of wealth without the creation of new wealth results in a redistribution of poverty.

Create wealth by adding value to products and services

Chapter 3 p.1

w&t_question

I Ask

You regularly refer to “wealth creation”.

What does this mean?

w&t_exclamation

I Answer

The creation of wealth is a fundemental concept in the economy of a country. And is the reason for the existence of a business.

Wealth can not be distributed before it is created. There are so many examples of activities in a country that consume wealth. Only business creates wealth.

People start companies, invest in companies and work in them because they are eager to participate in the process of creating wealth in order that they, in turn, can share in that wealth.

w&t_binoculars

I Explain

The process whereby a company creates wealth is by “adding value” to products and services which it in turn sells to customers.

Only as the company “maximizes its value contribution to the customer” can the company maximize its business and grow its turnover and profits.

Finally, as the team members and employees of the company maximize their contribution (value add) to the company, can they expect to reap the rewards of their efforts and share in the wealth created.

The fundamental key to this understanding which is the subject of this Walk & Talk process, is to optimize and grow the different interests and needs of the three main role players in the business – the individual, the company and the customer.

w&t_elephant

I Advise

The redistribution of wealth without the creation of new wealth results in a redistribution of poverty.

About Unre Visagie
I am a master coach with 30 years of career and business coaching experience. I have built and sold many of my own multi-million dollar companies. I have always built my companies based on the principle of successful people make a successful company. I invest in people. As your coach you get 30 years of experience to help you do the work you love and earn the salary you want.

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