Tips life lesson: 12 Jewish rules of making money

Jews have always been appreciated for their unique get-rich-mindedness. They soon formed "implicit rules" in business and lifestyle, passed down through generations.

Here are their 12 core principles of making money.

1. Serving women

To make money , the first target of Jews is women, because this is the "key box" in the family.

Until now, men's duty was to earn money, but making money does not mean keeping money in hand. The right to spend money is still largely decided by women. Women not only buy diamonds, jewelry, gold and silver to accumulate, they are also the ones who buy everyday items or take care of household chores. Targeting this object, the money will definitely come.

2. Go everywhere to make money

Going everywhere to earn money is a natural feature of the Jewish people. Jewish merchants have little fixed market, but expand everywhere when they have enough potential. They are not afraid of difficulties, afraid of suffering when going from East to West, to South and North to make money as well as expand the market. Everywhere they make large and small transactions.

Therefore, to get rich, you cannot sit in one place but have to run everywhere, just like the saying "doing in four directions, making money in all directions".

The Jews are world famous for their unique rules of getting rich. Illustration: qq

3. Rule 78/22

Jews point out, in society, the ratio of ordinary people to people with money is about 78/22, that is, 22% of people with money account for 78% of the volume of assets. Therefore, just know how to make money from people who have money.

Rule 78/22 is also a law of nature, for example, 22% of industries such as clothing, food, construction, jewelry, healthcare... basically account for about 78% of living expenses. . Therefore, the traditional business fields of the Jewish people mostly focus on food, clothing, etc., especially products for women and children.

4. Serving the mouth

Jews believe that business should target people's dietary needs, because eating is one of the most basic needs.

As per capita income increases, consumers will be more demanding and spend more time in satisfying their palates. So the catering business never goes out of style.

5. Use wisdom to make money

The Jews always think that the smart can make money is the real smart. In this way, money has become the measure of wisdom, only when wisdom is transformed into money is wisdom alive.

Therefore, business people need to use intelligence to think and analyze consumer behavior. Only when understanding the needs of customers can we make products that meet the requirements and can survive in the market.

6. Increasing revenue is more important than saving

The Jewish merchants had an unshakable belief: Wealth is created through hard work, not savings or accumulation. Therefore, if you want to get high returns, you must be willing to invest heavily.

7. Cherish time like gold

In the Jewish business maxim there is a saying: "Don't steal time". Content is not only about making money but also reminding the right way to conduct business. On another level of meaning, this saying advises you to grasp every minute and every second to be able to win an opportunity.

In a fiercely competitive environment, whoever is late will lose the opportunity. To succeed, you must always be one step ahead, proactive and constantly innovating to seize the opportunities that come your way.

8. Take advantage of information to seize opportunities

The Jews are known for their business intelligence gathering. This is considered one of the most important factors. Once they have information about the opportunity to earn money, they will not miss it.

For example, in a shopping center, when businesses have equal opportunities, with the same conditions, if anyone knows how to seize the opportunity, that person will win. This also means that you should actively research and analyze the market, not rely on it or fall into a passive position.

9. Put prestige first

In business, Jews are famous for their reputation. Once they signed the contract, no matter what happened, they decided not to break their word.

They also always follow the rules of the game, establish a reliable partnership with partners, use sincerity to move the hearts of customers when they want to work smoothly and smoothly.

10. You can see far if you stand on high

Jews believe that in business should "try to look a few steps further", as much future growth you can think of, the more success will be. "If the feet cannot touch, the eyes must see. If the eyes cannot see, the heart must feel."

Whatever you do, there must be appropriate steps for each stage of business development. One step ahead, can lead and create market demand.

11. Good coordination of resources

As the Jewish economist William Rigson said, you can borrow everything from money, talent, technology to knowledge.

This world has prepared all the resources you need, all you have to do is gather and use wisdom to combine them and create your own products.

12. Negotiation creates value

A classic story is widely circulated in the Jewish community: Someone gave two children an orange, because of sharing they quarreled. Seeing that, the giver suggested, half for each child. The first child went home, threw away the oranges, crushed the peels, and mixed them with flour to bake bread. The other child squeezes the orange peel into a drink and throws the peel in the trash.

Even though the two kids both had half an orange, they didn't get the most out of their resources and didn't get the most benefit.

In business, face a lot of negotiation. At this time, it is advisable to strengthen communication to build goodwill with the partner, and work together to achieve mutually beneficial results.