LAW OF VALUES

verasage.com

What is value?

This is adding a relative worth to a business. Value makes people to come back to a business. It is not enough to add value by solving a problem of filling a need, packaging matters. It is not about the goods that you sell or the service that you provide. It is about the extra service that you add. Focus more on the value than on the money. 

For example, by blogging, I am adding value to you with the information  that I write here on a regularbasis. I might as well just leave the relevant information about my music, writing and consulting services on this website and let you call me only when you need my services.

I could also decide to just compose my songs and just sing it but I have added the sound of the talking drums to my music to make it unique. 

These are my value-added services for you.

Example:

Difference between a tailor and a fashion designer

A tailor is more interested in the money but a fashion designer is more interested in making a name for herself or himself. She adds value to her services by giving advice about the right colour, style fit, etc. A tailor does not care about these factors.

Sometimes, it is okay to lose money for value. Sometimes, people in luxury businesses make more money than people in the necessity businesses.

DIFFERENCES BETWEEN A VALUE BASED BUSINESS AND A MONEY BASED BUSINESS

VALUE BASED BUSINESS	MONEY BASED BUSINESS
1. A business goes up because the value goes up. E.g. Drumline Entertainment, House of Tara, DSTV	Money reduces every minute.
2.This business moves the world forward by bringing development.	Brings no development as the people are not encouraged to think widely or add value to the business. E.g. Network marketing.
3. People love you and your product. E.g. Dangote Industries.	People despise you. E.g. Past military and civilian governors and presidents and head of states.
4. It makes you happy	It brings depression. E.g. Millionaires who won money via money lottery.
5. It brings fulfillment.	It brings emptiness by trying to fill the void by buying more things. E.g. Plastic surgery, etc
6.This business is never limited. For example, car companies keep improving.	Limited; lack of ideas.

As a talking drummer, I add value to the local talking drum by infusing the talking drum sound into western genres of music.

As a DJ, I add live drumming to my craft.

As a business consultant, I add value to your business.

Contact me to consult for your business.
08028770541