A Guide To Wealth Creation

Day 1,513, 15:45 Published in USA USA by Saphire109

eRepublik Game Article by Saphire109
A Guide to Wealth Creation in Erepublik

Have you ever felt the need to be wealthy in the game? Ever wanted to do something spectacular with your money here like help others or encourage the arts or writing through vast wealth? Well really wealth creation in this game is very simple. It's all about state of mind -yes, that's right, state of mind- and understanding a few very simple rules of free business.

Mindset
Instead of saying to yourself, oh some people buy gold I will never catch up to them try to think of it in another way. Think of it this way: wealth is relative since some have so much and others have so little but I will create wealth out of nothing because I will it. This puts you in the mindset of wanting to achieve an objective. Once we have the objective well figured out we can look for your first goal. It doesn't have to be anything major, it could be as simple as a q1 Raw material farm. Once you get that q1 raw material farm you get another one from the profits of the first and so forth. You keep repeating this process in order to create greater and greater wealth while working only once a day.

Rules of the business worl😛
Think of money as pawns in a chessboard, yea literally pawns in a chessboard. Now, your money has to go out and bring more pawns back to your team. Every victory will bring more pawns (money) back to your team. You must understand that in this business world there are few things you should worry about.
-Capital- the means of production, so say you have 1 q1 farm, that is your capital for wealth production
-Overhead- also known as cost, you want to have very low costs to produce which is why you should start as a raw material producer and work your way up to company manager and owner

If you understand those very simple things 1. The mindset of doing things because you know you want to achieve them and 2. the understanding of capital and overhead, you will be able to compete in the business world.

Everything else, such as competition or exports is something that you gradually learn over time as an entrepreneur in this game and you will see to it that you perfect your strategy and pricing over time.