Connections determine wealth: The greatest wealth in life is the network of connections

Author: Bao Yu
Publisher:
Publish Date: 2006-04-01
Features: Networking is an intangible asset. Humans are social creatures, and success can only come from the people and society they are part of. Only by navigating society with ease and being versatile can one open up broad paths to career success. Without extraordinary interpersonal skills, one is bound to hit walls everywhere. This illustrates a harsh law: connections are money! Before the age of 30, people earn money through expertise; after 30, they earn it through networking. Do you believe that five friends can determine your wealth and fortune? Networking, or interpersonal relationships, is a crucial life lesson. A person without good relationships, no matter how knowledgeable or skilled, will lack opportunities to showcase their abilities. If your network includes both high-ranking officials and ordinary citizens, and when you enjoy success, someone cheers you on; when you need help, someone clears the path for you and stands by your side, you will feel the power of networking!
Networking resources are a potential intangible asset. If expertise is a sharp blade, then networking is a secret weapon, a form of hidden wealth. On the surface, it may not seem like direct wealth, but without it, accumulating wealth is extremely difficult. The richer your network, the more ways you have to make money; the higher the quality of your connections, the faster and more abundant your wealth will come. This is a well-known fact. From age 20 to 30, a person earns money through expertise and physical labor; from 30 to 40, through friends and relationships; and from 40 to 50, through money itself. Networking is the "ticket to wealth and success." Many people think that only industries like insurance, sales, or journalism need to value networking, as it is their lifeline and their greatest asset. In reality, however, networking competitiveness is becoming increasingly important in fields such as technology, securities, finance, and more.
Networking is any resource that can be connected through the people you know. Before 30, rely on expertise; after 30, rely on networking. How can you build your own networking account? Building connections should not be rushed for immediate gains. The younger you are, the more you need networking. Classmate relationships are the most valuable type of connection. Networking resources are a potential intangible asset, a form of hidden wealth. On the surface, it may not seem like direct wealth, but without it, accumulating wealth is extremely difficult. Isn’t that right? Even if you have solid professional knowledge, are a polite and gentle person, and possess eloquence, you may not successfully close a deal. But if a key figure helps you, opens doors for you, your efforts will undoubtedly be flawless and 100% successful!
When you want to start your own business, what conditions must you meet? First and foremost is capital. And capital is in the bank. What about technology? Don’t worry, because someone makes a living by selling technology, so you can certainly buy it. If you can’t find it, forming a technology partnership with another company is also possible. So, the most important factor in starting a business—and often the key to success—is people. The core of the three key conditions—people, technology, and capital—is "people." If you have enough...