I once told my friend that 'life is a business', everything is transactional if you give a more advance view to it. A lot of us do not understand how money, assets or wealth flows in and out in our daily lives. The less you understand how numbers work, the more vulnerable you become. finance has to do more than just the physical appearance of funds, it goes deeper into human emotions ( in short, it is the secret to its sustenance). Why do people go bankrupt in the financial market for instance; greed and fear. A successful investor needs a stable mind to make the most out of opportunities.
Am I wavering from the topic? Maybe not too much, just trying to lay a proper foundation as to how it all gets to the peak. What's a relationship? Simply put, connection between people or things. It could be your wife, husband, children, parents, business jobs, friends, divinity, environment, pets etc. Most of us don't really know why we run loss on a daily, weekly, monthly or yearly basis. The secret is your relationship. Where does your money flow to, and what comes out in return?
You paid your children school fees, you catered maybe for your wife's health bills, you had to stretch hands to your relatives, that helps you rendered to your neighbor. Are these actually losses? Not at all (yet it could be at some point; when there is no regards for the good done), as I said, right emotions are actually gains not feasible to the eyes. Let's say for instance you bought an ice cream for your daughter during an outing, she appreciated the gift and she smiles all the way, indeed you'll derive joy in that. Let's go deeper today into the world outer business.
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Most of the relationships we keep with client, staffs and employees are actually losses. Have you been in a situation where you constantly pump in money into a project expecting it to work yet nothing fruitful surfaces. A closer look at the behind the scene trauma is the relationship Circle. Staff are not serious in doing that work, contract workers are just there for the money and clients can link you to poor products. If you could sieve the system, chances of positive results are high.
Seems I have not really put a concise definition to loss- making relationships; from my own view I would say 'relationships that deter finance' in the world of business. Throw something in and you get nothing out, this is always a painful experience. I have been in that situation before, where the team I was working with cared nothing about what I wanted, what would make me happy, why I risked both time and resources to put this opportunity on the table. When you are around, a little change seems to be seen and when you are gone, the zeal and commitment ceases.
Trust me at this point, if you don't wake up early you'll go bankrupt with piles of debt to pay alone. I once heard of Robert Kiyosaki's side of such a story in one of his books when his business partner zoomed off with the capital he had raised to help salvage their falling business. It's always like that, when it's you that sees most of the vision. He was in debt and spent a long time gradually recovering. We need to understand that our financial freedom hangs in relationships; right people, right place and so on.
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So how can one get off this loss-making relationship? From my experience it wasn't easy. How do you just wake up one day to say it's all over. Everyone knows what your daily activity is. Once you quit, questions from left, right and center will be pouring in. It looks disgraceful, the fear and trauma of being stigmatized can keep you stuck. When you are financially sensitive you'll have to admit there is a moment to let go. Starting over doesn't actually mean it's over. I made that decision once and I did learn a lot, trust me the earlier you re-access a situation and respond to the abandon ship slogan the better.
When things are not working, change relationships, staffs can run you bankrupt, employer alike. I have seen some employers pay their employees a token for what is worth more. You spend your thirty days earning a salary that doesn't cover your bills, you are already in trouble. The earlier you end such a relationship the better. Tough decisions breed men, most jobs are just traps to waste away your future. The more debt you'll owe, the more dependent and complying you'll be to an unfavorable job.
Another aspect I should touch at least a little is friends. Those who cause you to spend more than you earn are not friends, get that right. Why not link me to opportunities rather than liabilities? Friday night outing, birthday parties, shopping and the rest. You've got to be kidding me, I can from here say you are already a true debtor.
To conclude, let me add, our entire life is summarized by relationships. Toxic ones deter financial fruition and sprout depression overtime. There is a need for proper recheck of our daily activities to know where the losses are directed from. Cut them off and you'll see the needed positive results. Trust me or not, your life span hangs also in this, when you are encompassed with losses, a lot is at stake.
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