Thursday, March 6, 2014

“Trading Values” – Mr. ’Rotimi Odejayi



“Trading Values” – Mr. ’Rotimi Odejayi
Value” (in economics), means “a measure of the benefit that an economic actor can gain from either a good or service.” As culled from http://en.wikipedia.org/wiki/Value. That is, a fair return or equivalent in goods, services, or money for something exchanged.
The topic means for the youth to exchange the (societal) needed values for the corresponding payments in cash, simply put, I give value and I am paid back in turn.
The Beginning is “the Trade by Batter” Concept
The real essence of living is for man to fulfill purpose and this is possible through a proper understanding of how life works. One major principle is the idea that “Nothing ventured, nothing gained, cum something ventured, something gained.” And this is possible when you give up your expertise for an exchange for cash. This all started during the “Hunting /Farming Age” wherein you give trade agricultural products (Crops and farm animal) for benefiting from gained utility. The word “utility” means “the satisfaction you derive from the economic value of a good or and service consumed”. This is 21st Century, wherein you do not practice the trade by batter again, what is obtainable today is the Trading Value Concept. This concept advocates the idea that, “you give-up your acquired skills (and competence) for exchange for money. It is skill that dictates what economic value the people place on you. What then is “skill”? The word “skill” here means “the ability to do something well.” Here is the simple Formula, Skill = Knowledge + Ability. You can acquire skill through any of these nine ways:
1.     Practice Personal Development.
2.     Master a Field of Specialization only.
3.     Undergoing Trainings in your field.
4.     Amass many years of working experiences in a Field of endeavour.
5.     Be Teachable & Network with other Professionals for Knowledge sharing.
6.     Acquire Professional Certification(s) in your field.
7.     Update yourself through Reading, Browsing, Practising, Creativity, etc.
8.     Teach Whatever you know.
9.     Embrace innovation in your field.
The Conclusion is:
To position yourself well for tomorrow, here is one of the most important rules you will ever learn: “You must get the Right Information, Ours is the Information Age!! The future belongs to the competent. Acquire the necessary skills, so as to be the master in your field.”