When it come to earn money, there are many routes that you could choose. The easy, the different, the legal or the cleaning the dump ways. However, to earn money you need to deserve them. Most go though the hours for dollar route, some goes to the products to dollar route, and the few goes to dollar to dollar route. The first is a salaried, the second is an entrepreneur, while the last is an investor.
Which route do you choose to earn money?
1st. If you choose the 1st, then you will be working from now till you die. Since most salary except for few non founder’s CEO are paid peanuts. They are paid enough so that they still work for the company, yet not enough for them to be leave the company. That is the psychology behind the rat race. Make people running forever in the circle until they die. I am not giving everybody a bleak picture, of what is happening but that is the reality when we are salaried by somebody. Since we are moving someone else dream.
2nd. If you choose the 2nd, then you’ll be focusing on building your dream company, and probably retire at some old age. However, the probability of a startup failed within the first 5 years is 90%. Some of the key issues and highlights are:
- Information startups are the ones that tend to fail the most.
- Construction and manufacturing have both really little success rates.
- Many startups fail due to incompetence, lack of experience in terms of goods and industry, little experience from the team and personal problems.
- Successful startups have a well-defined market, have disruptive ideas and the founders are persistent and take advantage of mentors.
3rd. If you choose the 3rd route, the you;ll be focusing on building your investment portfolio, and probably retire at some old age with good investment portfolio. However, identifying the suitable share to purchase that will increase in value in the future is tricky and identifying a good startup to invest in is also a risk. Since most startup eventually failed. How do you know which will be a good bet?
Thus, the idea here is to earn money you need to diversity. Diversity you income stream by having more than one income stream from your salary, diversify your business and investment so that it is hedge against inflation and other issues such as Covid-19 pandemic. That is the idea.
Diversification have always been the way forward. Some put multitasking as a bad habit! I would agree to that since there is no such thing as multitask, you could only do a single task at a time, and you brain could only think one task at a time. However, diversification is different, it is putting you eggs in different basket to safe guard your future.
What does it has to do with 5S anyway?
The first step in 5S is the sort or seiri, in this step you are to either keep and use the item or move it to a different place. Most people have more than enough junk in their house before they start their 5S that those junk to earn them additional cash and generate income.
Imagine how many things that you have collected over the year, or years or even decades. I am sure if you have not started any 5S session in your life that you be a lot and it would fill across your common area if it is put together in a single place.
Now the question is do you want to keep and use those items are you just keep them in case you might use them. In the post covid-19 era, it is best that we start thinking about do we really need all these stuff. Does it help in my hygiene, does it make any passive money for me, should I use them rather than keep them. Or should I donate them, and get consistent long term reward.
The example of those who spend their wealth in the way of Allah is like a seed [of grain] which grows seven spikes; in each spike is a hundred grains. And Allah multiplies [His reward] for whom He wills. And Allah is all-Encompassing and Knowing.
Al-Quran 2:261
5S could definitely help you move forward and gain more out of your available materials. Some of the materials in your house could be sold, some could be donated and some could even be a raw materials for your to start that long business that you plan.
Imagine, this is just a single house I am talking about, how about your next door neighbor. Are they doing 5S? If not they may be keeping more than they need in their house. You could start your own cleaning services using the 5S concept that I have mention. Why not? I am just here trying to advocate that we need use more and process less. To be sustainable it is important that every items that we have are used until the end of their lifetime and move into the next cycle.
There are lot of ways we can make money from 5S:
- Training on 5S
- Sell your old product that you find in your house.
- Create a service that would sell your old neighbor products
- Create a service that would sort, arrange, clean your community houses.
- Be an advocate for 5S and write book on your experience or give a talk on this.
- Keep only the needed product in the house, even if you don’t make money