The difference between making money and the skill of making money.

Abdul Aziz Shaghlel

2/27/20241 min read

a man holding a wallet and a watch
a man holding a wallet and a watch

I often like to talk about the difference between making money and the skill of making money. For Entrepreneurs, they are entirely two different things.

Making Money is when efforts directly translate into cash. Many times, it's a one-off event or just one source of income. It mostly involves waiting for an opportunity rather than creating one.

The Skill of Making Money, on the other hand, more than that. It's about knowing the game inside out, understanding markets, recognizing opportunities, and making decisions that not only generate income today but also lay the groundwork for future earnings. It's rooted in strategy, insight, and, let's be honest, a bit of creativity.

However, to truly master the skill of making money, entrepreneurs often overlook the fact that they first need to master the skill of creating value. Value attracts customers, and customers attract income.

Why does this matter? Because while making money is great, mastering how to make it consistently and sustainably—by creating real, tangible value—is what sets the true entrepreneurs apart.