How To Make Money Like A Bank (Or Like Your Government)
A bank is a place that promised to protect your money for you by putting your money in there. In return, there is also an interest that is given to you for your trust in them. With the tangible money deposited into the bank, a proof of deposit is provided in terms of digits on official papers or digital prints. In your peace of mind that the money is safe, the bank may be rejoicing in the sum of money gotten from you as there is additional money to invest in endeavors.
While the depositor has a perception of monetary safety, the money can just be displayed as digits and not as tangible money. Hence, each time a deposit is made to the bank, a portion of it will be used by the bank for investments. There regulations as to how much percentage the bank can invest. By understanding this concept, we can utilize it to make money.
The main thing for this concept to work is to have the trust of your target clients. Without trust, no matter how good the offer is, the insecurity of the clients will keep them away from taking the offer. Therefore, to establish trust, branding and a well-rounded understanding of the offer is necessary. Branding can be done superficially to imprint an image upon the clients, but, the understanding of the subject matter needs to be able to be well communicated to the clients.
Unfortunately, there is a risk of it being assumed as an illegal business due to the subtle difference. The difference between a scam and a legal business of such a concept is the value that is being brought forth after the invested sum. A scam can be easily be perceived as a lucrative business while a legal business can be easily be perceived as a scam due to the nature of the concept. However, regardless of business or investment, the effort or/and money is often being used before the yielding of the rewards.
Therefore, all boils down to the trust of the clients, the quality of the idea and the presentation of the idea. Also, a reasonable promise of reward over a time period is to be made to make the client feel secure enough to place the money with you. Then, the money that is received can be used as funding for your business or investment that is able to yield the result of desire. Hence, making a living similar to how a bank does.
