Wednesday, July 30, 2014

Work Smart and Not Hard



Pro 12:27  The slothful man roasteth not that which he took in hunting: but the substance of a diligent man is precious.

(paraphrased: The foolish man does not roast what he took in hunting: but a wise man adds value to his substance)

Let me ask you a question! Common sense tells us that Hard work is equal to more riches right? Wrong! If this were true, then Africans or the so called developing world are supposed to be the richest people on the face of the earth because they are really hard working people. Look at the carriage they carry on their backs, heads, and the carts full of goods they push manually. But why are they still very poor and could barely live below a dollar a day. The answer lies in the way they work and do things.
Let’s pick one illustration of a story in the Christian Bible that provides the picture we can use. Those of you who are not Christians bear with me because I am trying to bring out an economic truth that is embedded in the biblical story am about to use.  The Bible tells a story of Isaac the son of Abraham who had two sons Jacob and Esau; Gen 25:27  And the boys grew: and Esau was a cunning hunter, a man of the field; and Jacob was a plain man, dwelling in tents. Gen 25:28  And Isaac loved Esau, because he did eat of his venison: but Rebekah loved Jacob.

There came a time when Isaac realized that he had grown too old and as per tradition it was time to give out his blessing to the first born son before he died. The scriptures actually says he called his son Esau, the first born and told him that the time for his blessing had come but Esau needed to cook  the meat stew that the father loved so much for him to receive the blessing. However, Esau being a hunter did not have an animal in hand to prepare the meal and so he needed to go out into the forest to chase for one lucky catch. And as you might guess Esau must have spent days before he had a break. However, Jacob his brother, being a farmer and was raising his animals in the back yard had an animal in hand. In summary the scriptures says Jacob with the help of his mother prepared the stew in time for his starving father and ultimately got the blessing. The question is How and Why?

The two sons of Isaac had each an occupation. One was a hunter and the other one was a farmer and breeder of animals. When you look at the characteristics of each of these so called skills you realize the differences; A hunter of those days used a spear or the bow and arrow set. The hunter then under these conditions can only kill one animal at a time. However, the animals were also not dumb enough to wait for the hunter but the hunter needed to chase or run after the animals. Whatever animal the weapon of the hunter hit, died. This means anything the hunter caught died. It is also probable to say that the hunter usually if not always only came with one dead animal. We could even guess that the hunter was always dead tired from the chase exposé (you could call it hard work). Esau had a diminishing resource

On the other hand the farmer does not kill what they hunt but they grow whatever is in their hands. Whatever, animals that Jacob had, he made sure they multiplied. He developed a skill to multiply the resource that he had. This is also evidenced in how Jacob was able later on in life use the same skill to his advantage to multiply his father in law’s animals (Laban the father of Jacob’s two wives).

Therefore, Isaac and Jacob represent two different economic paradigms; the Isaac and Jacob economic systems. An Esau economic system represents countries that focus only on one main product (or call it animal) and kill the product by selling it in raw material form. Take my country Zambia for example which has for many years relied on copper and exporting it in bulk cheaply at factory price (but now the economy is being diversified and things are changing). When the price of that raw material goes far below economic levels all the macroeconomic parameters are thrown out of control and not forgetting the evil animal called foreign exchange rate. However, the Jacob system multiplies what it has and does not kill what it has but adds value to it. In Jacob systems people work smart. Jacob allowed animals to multiply; hence, his resource was never diminishing. Jacob kept his resource in his backyard hence, did not have to run 20 Km or more to find his resource. I am sure most of you are now familiar with Internet millionaires (smart business people if you ask me)

Consider your life; what are you? An Esau or Jacob! If your livelihood depends solely on your salary, I am afraid you are an Esau and you are chasing one animal for a whole month. It’s time to diversify your economy into value addition. If you think there is nothing you can venture into, why not begin with your regular salary. Even your voice might just be a resource you have not considered to add value to it and become probably a public speaker or a comedian. Haven’t you noticed that comedians keep perfecting their jokes which even earns them even more income. Look up into the air, do you see anything? The fact that you can’t see anything does not mean that there is nothing there!

Remember that Absence of Evidence is not Evidence of Absence.  Haven’t you noticed that the mobile service providers are selling us our own conversations; this is evidence enough that knowledge products are the niche that has a higher return. So look and keep looking there is something that we are not seeing. Anything that has and will ever be has always been there. Nobody created the Internet, they just discovered it. This means there is more to discover!

The Internet platform is one of the untapped Gold mines that the developing world has not taken advantage of. They keep looking at the Internet as monster where fraudsters live. Only when you visit countries like Japan can you realize the wealth of things you can do with the Internet and its benefits to the national economy

Some of the richest countries don’t even have any minerals at all yet they have more wealth than the mineral rich African countries. What type of products do they own? And that’s key!

CHANGE YOUR THINKING AND BEGIN TO SEE    

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