Lot of people have big dreams. They want to make plans, gather resources, develop products/services and go-to-market. However, the standard question arises: where will the money come from?!

We would like to answer this question with the blessings and expertise of Technology Guruji. The modern world does not run on theories of economics, capitalism or communism. Money is managed as described in religious scriptures. 

Social Structure around Money

Most scriptures describe that society is divided mainly according to work-specializations, and categorized into four main work-types. These main work-types have traditionally been referred to as "caste" or "varna".

These are as follows:

• Knowledge-based professionals

• Rulers and warriors

• Businessmen

• Workers

Standard Money Generation

Depending on the type of activity you are conducting, money will come from a combination of different sources:

• Knowledge-based professionals

  • Money needs to be earned, by providing services to members of society. This can be through jobs, consulting and independent professional work.

• Rulers and warriors

  • Money is printed by departments of the government, directed by ministers and distributed by ministries to departments of the government.

  • Governments intelligently collect taxes from the public.

  • Departments of the government distribute money to businesses through tenders, contracts, schemes, etc.

• Businessmen

  • Businessmen typically making money through trading. Spending money involves buying material, hiring workers and manufacturing. Selling products and services generates money.

  • Generated money should be more than money spent, and the difference, referred to as "profit", provides money in this mode of work.

• Workers

  • Workers work under the guidance of Knowledge-based professionals, Rulers and warriors, businessmen.

  • They are paid a salary for their time and effort. Bonuses may be paid according to standard arrangements.

Raising Money

If you need money for a big cause, what can you do? The money can come in four ways, aligned with the 4 primary ways society is handling money:

• By providing knowledge-based work, you may attempt to bill premium amounts to rich people, explaining that you wish to raise money for your cause. 

• Governments can provide you money as schemes, investments, grants, awards, etc. You may approach a political party or a government consultant to understand how to get money from the government.

• Businesses often accumulate lot of money, and can provide you with the financing you need. This is often done as an investment, where you have to give partnership in your business in exchange for the money. Businesses may loan money to each other, partner to pool money or provide charitable grants should it please them.

• Workers have individual money, from which they might grant, invest or loan into your cause. The basic financing from individuals is called "friends and family" fundraising. Individuals also invest money into a variety of funds, which may grant, invest or loan money into your cause.

If you live in an Islamic area or a territory ruled by laws of Sharia, many of these strategies will not apply to you. Islam promotes Islamic Finance as guided by the commandments of the holy Quran. You may approach an expert in Islamic Finance, or a religious expert to learn fundraising as per Islamic Finance. The holy Quran advises Muslims to give money to those who ask, and you should have an easy time raising money, provided you are willing to work for a halal cause. We do not provide expertise in Islamic Finance.

Money Sources