The shorter the payout timeframe, the cheaper our time is valued - and often, the lower the position of the profession in society.
1 Day
Daily wage laborers (often referred to as Dihadi Majdoor) work on a one-day cycle. They are paid the same day they work, which places them at the lowest end of the economic ladder despite the physical effort involved.
1 Week
Hawkers and street vendors usually operate on a weekly cycle. They borrow or invest in goods, sell them throughout the week, and earn just enough to sustain themselves.
1 Month
Most of the middle-class population falls into this category. Corporate employees and government workers trade an entire month of their time for a fixed salary credited at the end of the month.
1 Year
Contractors, business owners, and entrepreneurs typically think in yearly cycles. Within this timeframe, they either generate significant profits or risk financial failure.
10 Years
Visionaries with long-term planning operate on a decade-long horizon. They build systems, projects, or businesses that continue to generate value for the rest of their lives.
50 Years
Families like the Tatas, Birlas, and Ambanis play an even longer game. One generation dedicates decades to building an empire so that future generations can reap the rewards.
Comments
Post a Comment