Psychology behind producing

Psychology behind producing

          Producing things in life is all about legacy and purpose. People either produce things to have a purpose or a role in society (and in the world) OR people produce things to leave a legacy so they are remembered after they die. The producers of the world are the people who have the most impact.

          Similarly to a food pyramid, the producers are at the bottom representing the foundation of everything else. Without producers, consumers would have nothing to consume.

          We live in a world of too many consumers and not enough producers. We have so many consumers that competition is high and tough. This makes it difficult for consumers to consume. Thus, the best response would be to balance the playing field and become a producer (if you are typically a consumer).

          Why do we have so many consumers and not enough producers? The answer is selfishness. People are selfish by nature and do things with their own interest in mind. Producers do this as well but they do it differently. Producers are selfish in the long term and are unselfish in the short term.

          Too many people in today’s world want things for them in the short term. Almost everyone wants the easy solution or a simple quick fix. Too many people are impatient. Because so many people are investing in the short term benefits, there are few short term benefits to go around. Depending on the viewpoint, this can either be good or bad.

          Since there are few short term benefits available, that means by default, there are many long term benefits available. Because there is no longer value in rushing, there is immense value in waiting. And producers are people who wait. They wait because they believe and have faith in the market. They believe that the market, or most people, realizes benefits too late.

          In today’s world “too late” will eventually result in regret. After years of consuming, current consumers will someday compare what they’ve invested alongside with what producers invested and feel horrible about their haste to act.

          How will this affect future generations? Because the market, or most people, realizes benefits too late, they will advise younger generations of the future about all the benefits of producing and long term investing. Ironically, at that moment, short term benefits will go back to being valuable and available.

          So should people listen to the wisdom of elders? People should compare wisdom of elders and elders’ elders and make their own rational decisions. But as of right now, the benefits of our generation is in long term investing and becoming a producer.