Use Value and Cash Value

Here is a thought that is an important concept to consider with respect to building wealth: The use value of the product or service you provide must be greater than the cash value you receive.  Here is a quote from Wallace D. Wattles: "Give everyone more in use value than you take from them in cash value.  Then you are adding to the life of the world in every transaction." This is essentially the same principle as going the extra mile.  Here are a few affirmations you can use to condition your mind to this thought:

 

1. I now go the extra mile in every business transaction.

2. I now provide outstanding use value to all of my customers.

3. When I sell a product or service, the use value I provide my customers is many times greater than the cash value I receive.

For those of you who haven't heard of Wallace Wattles, he is a writer who published a few books in the 1900's. His most famous work is "The Science of Getting Rich." I've just started going through it myself, and so far I give it my highest recommendation.

In an effort to increase the amount of current content on the Power Affirmations website, I have redesigned the Home Page so that it is now in a Web Log (Blog) format. Now as I add additional Newsletters, they will also be posted on the Home Page and Archived so that people will be able to read past editions.  There are also links to the other pages and the MP3 files, so all of the previous content is still there.

I've come up with a new way that I'm using my Ipod for listening to spoken word content that I want to pass on to you. 

Rather than saving the files that I copy from CDs as MP3's, I'm saving them in an AAC format.  This is an MPEG-4 format.  When the files are initially saved, the extension is m4a.  After saving the file, I change the extension to mb4.  This causes the Ipod to recognize the file format as "spoken word." After making the change, the files are automatically bookmarked so that if I stop the Ipod or switch to another file, when I resume listening to the bookmarked file, it takes up where it left off.  I have found this to be a major improvement.

But it gets even better:  by going into the Ipod's settings, I can set the speed of the playback from "normal" to "faster."  When played back at the faster speed, the audio is still easy to listen to, but takes less time.  For example, I can listen to a 1 hour recording in about 45 minutes.  Or a 5 hour recording in about 4 hours. If you listen to a lot of audio content, this means you can listen to a lot more content in less time.  I do NOT recommend the increase speed for the Power Affirmation files as the object is to use them more for meditation rather than content.  I won't be changing the format of the affirmation files.

One other important innovation that will be coming soon: I have just purchased some text-to-speech software that is amazingly impressive.  While you can still tell that it is a computer voice, the quality is very pleasant.  And what's really great is that you can save the files as MP3's.  This means that they can be saved in a format that can be used with the Ipod or other MP3 player.  This opens up a number of possibilities.  If all goes according to plan, I will use this software to transform some of the articles from my website into MP3 files that can be downloaded for portable listening.  I will also be looking for classic programs that are in the public domain that I can convert to audio files. For example, "As a Man Thinketh" by James Allen.