Thursday, January 15, 2015

Obvious Disclaimers

"Earnings vary based on effort." 
 


This is a simple disclaimer at the start of an ad for some 'build wealth' seminar, but should they really NEED to put that kind of disclaimer there? Really? I mean shouldn't that be obvious? Isn't that true with EVERYTHING in life? 
 


Have people really gotten to the point where the idea that working harder increases earning potential is so foreign to them that they have to put a disclaimer to say that if you don't work very hard at this you aren't going to earn as much as someone that works harder? Do people expect to earn the same as someone working 60 hours a week by working 2 hours a week? The sad part about it is that yes, some people do.

I don't know anything about the seminar in question, but there aren't any real methods of wealth building that just let you do nothing and make money. One could argue that proper stock investment allows you to build wealth while doing nothing, and to some degree that is true. Stocks, particularly dividend stocks, pay you regardless of your effort. But someone that invests X amount and then does nothing will NOT earn as much as someone that invests X amount and then spends the time to research and manage those investments to minimize risk and maximize profit.

It's a no brainer. Someone that works at something more is going to do better at it, there's just no getting around that fact. And yet, you know as well as I do that if they didn't prominently state that 'earnings vary based on effort' someone (or more likely lots of someones) would sue them because they thought that they would suddenly just start making more money without any work on their part.

Because some people want to believe that there is some way of making large sums of money that doesn't involve any real effort on their part. And, generally speaking, that's what most seminars of this type are playing on. The idea that you can go to this seminar, likely buy a starter kit for a couple hundred bucks and start raking in money. I'm not saying that seminars are scams, many of them offer legitimate ways of making money, even a LOT of money, but ultimately the people that will make the most money are the people that put in the most effort. 

Because regardless if it's a stock buying system, home flipping, or selling widgets you're going to have to put in the effort if you want to get the most out of it. There is no easy, fast, secure way to make a big income, there's just work. That's why if you want a good income, find a way to make money doing what you love, and love what you do, because earnings vary based on effort.

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