At first look one will say there is hardly any difference between these two terms. However, I (or rather we) have realized that there is a stark difference between Earning Money and Making Money.
Well people might disagree with me but for the purpose of this blog I define these terms,
1) Earning Money: This is an act where an individual takes up an employment and gets fixed / variable money for his/her services. These services could be directly / indirectly engaging in business activities and /or engaging in non-business activities. People earning money are job seekers and they consume jobs created by people making money.
2) Making Money: People making money are self employed and contribute in job creation. They could be businessmen, freelancers and or any other professional who sells any product and or his/her services.
Now, lets consider the following professions and see under what scenarios they earn / make money.
Software Engineer (SE) works for a big IT firm and earns a monthly salary, so to earn money he will have to work year on year. One fine day this SE develops a product or decides to start his own company, works hard and builds this company, hire people to work for him. The product and services of his company go on even if he is not working intermittently but the salary earners work for him and make money for him.
A Taxi Driver could be a salaried employee then he earns a monthly wage or he works hard to build a fleet of taxis and hire other people to work as salaried people for him and make money for him.
The list is endless, Teacher, a Marketing Personnel, an HR Manager, Engineer or any other profession and one will realize no matter what profession s/he is in, s/he can either earn money or make money.
Earning money was way more easier than making money... trying to make money, hopefully will start doing so soon :-)
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