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Open Capital and Closed Capital

Posted on: July 16, 2019

Make progress without additional Capital.

By NV Paulose 98441 82044

What you have in hand is very important. What would you do with what you have is also equally important. Some people wish to keep their wealth in liquid form. Enormous amount of bank deposits are the evidence of human disbelief about their future. Everyone wanted to secure their future and the future of their future generations as well.

How do we secure the future is a confusing question. Many people who lived an open life never ever had this fear in their mind. Our elder generations lived a meaningful life by sharing and caring others.

Today the most corrupt person is the wealthiest person. This is just and indicator comment and not a pointer comment. We cannot live a corrupt life since it takes us to failure in future. We also cannot live a loose life in which we remains economically week every time.

We therefore need to find out a logical way of progress where everyone is getting benefited from being part of a development process. That’s where the importance get shifted from Finance Capital to Open Capital.

When will your wealth become an Open Capital?

Your wealth becomes an open capital when you open the doors for others to get access to your wealth. Your wealth gets lost within no time suppose you adopt the open park system in welcoming people. We should adopt a method somewhere away from this approach.

The best way is to identify the people who we otherwise are planning to employ. Or we can call them complementary people. These are the people who can contribute towards your progress but you cannot afford to employ them since your budget doesn’t allow you to employ more people beyond an optimal level.

More and wider Economic Circles.

More economic circles are possible when we utilize existing system to get more people involved in the activities. Many educational institutions have their Alumni Associations with this idea. Most of such circles doesn’t work just because of the absence of proper revenue models. Organizations always think about their advantages and never bother to think about other people.

Make a change to this approach. Think slightly different. Allow every positive activity when there is no additional cost involved in such activities. Make sure they are good for us in the long run. Also make sure that the initiatives are helpful for a number of people. Make sure again that these people are worth to get connected with.

Need of Economic circles / Career Clubs

Can you think of forming a Women Economic Forum within your organization giving opportunity for the unemployed women among the family members of the people who are already working with you? This simple gesture will help to improve the wealth status of your employees so that the work environment get a facelift just like that.

Campus Forum!

Many forums can be initiated in out campuses just to utilize the youth power for social development while the students are provided with skill development. Nothing wrong in sharing with them a portion of the outcome generated from any development initiative.

Create wealth and share it with all stakeholders is a way to avoid corruption. Open doors can avoid back door entries. There are plenty of things to do. People are required to do anything. People are plenty in our society. Keeping them engaged is the way for progress.

We need to move from Employment to Entrepreneurship through the platforms of Human Engagement. How the nation engage her people decide the quality of the nation in the future. India is far to go in this direction. Every institution should think collectively and severally.

Think Act Adopt Opt Prompt form transform. These are words of wisdom when thought of and meditated upon. Let us think together and work together to make India developed by 2020.

Pictures are in honor of Prof. Dr. N. Sridhar Shetty, who has done this model in a most perfect manner benefiting every stakeholder to the core.

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