Thursday, September 22, 2016

Is There Really Such a Thing as Job Security Anymore?

Today the concept of job security is really more of an oxymoron. Phrases like, “You’re fired,” “You’ve been down sized,” “You’ve been laid off,” “Your position has been outsourced,” “Here’s your walking papers or your pink slip,” “There have been cutbacks,” are all-to-common in the workplace today. And the days of working for one company and being taken care of for the rest of your life with a pension are becoming relics of a different time period.

Here is the problem today as I see it, in Q&A format below:

Out of 100 people, how many are taught to work for money? Just about everyone in America, but the idea of “go to school, get good grades and get a safe and secure job” was a good one for people born before 1930. Today, everyone needs to go to school to prepare for a job or career, but we also need to know how to invest and how to create some form of passive income.

Out of 100 people, how many are taught to have money work for them? This is a subject that is not really taught in schools today and you will have to go elsewhere to get the answers to this question.

If the class for how to become a millionaire was offered, do you think you would have signed up for it? Probably most people would say yes!

So, most people were taught to go out get a job and work for money.

Out of 100 employees, how many do you think would like a raise? Probably all 100.

Out of 100 business owners, how many do you think want to give their employees more money? Probably very few of them if any.

So, everyone wants a raise, yet so few employers want to give out raises. Why is this so?

Many companies are publicly traded and have shareholders.

What are shareholders most interested in? Making more money.

What are the CEOs of companies most interested in? Higher profits, so they can pay the shareholders more money.

What are profits? Revenue minus Expenses

In this system, where is the employee – a source of revenue for the company or an expense to the company? As an employee you are an expense.

So, CEOs want to pay employees as little as possible to get the profits as high as possible.

In order to get the profits higher, what must the company work on decreasing? Their expenses

So, there is a limit to the amount of money you can get paid and once you start making too much money they will have to get rid of you because now you are starting to cut into the company’s profits. Because of this, the employee position today is more of a temporary situation. And that is why we have people with 2, 3 sometimes 4 jobs between husband and wife in a household - not to live lavishly - but just to make ends meet.

So how can you ever win being an expense to someone else? Unfortunately, it is very hard and nearly impossible to today. The reality is that your boss’s job is not to make you rich. Your boss’s job is to make sure you get your paycheck. It’s your job to become rich if you want to.

I realize that I am offering up more questions than solutions, but the bottom line is, “Don’t only rely on only your job because there is no such thing as job security anymore!” Make sure you have a Plan B. Heck, make sure you have a Plan C and D as well. Make sure you educate yourself on investing and start making some good investments now and get your money to start working for you – you will surely need this in your future. Make sure you keep an open mind to opportunities and look for ways to make passive income in areas that you actually love doing - opportunities are all around us.

I'm so excited to share this information with you. If you have enjoyed the information or feel that it would benefit someone else, please share it. If you have any questions or comments, please feel free to contact me.

Sunday, September 18, 2016

Success Must Be Attracted, Not Pursued
Written by Jim Rohn

Our objective must be to work harder on ourselves than we work on anything else.

Personal value is the magnet that attracts all good things into our lives. The greater our value, the greater our reward. Since the solution for having more is becoming more, we must be in constant search for new ways to increase our value.
  • Self-control
  • The practice of discipline
  • Patience
  • Planning
  • Intensity of effort
  • The development of a well-balanced attitude
  • Consistent activity
  • The gathering of knowledge
  • Frequent reading
  • A sensible personal philosophy
All of these are examples of ways in which our value can be increased.

It is the acquisition of more value that we must pursue, not more valuables. Our objective must be to work harder on ourselves than we work on anything else. By giving careful attention to our philosophy, our attitude and our activity, we are making a positive contribution to what we are becoming, and in the process of becoming more than we now are we will attract more than we now have.

We become and then we attract. We grow personally and then we advance materially. Unfortunately, the vast majority seems to have the plan reversed. Their philosophy is this: “If I had more money, I would be a better person.” But that’s not the way life is designed to work. Having more doesn’t make us more. It merely magnifies what we already are. Those who cannot save a few pennies out of meager earnings will never be able to save dollars out of future fortunes. The same discipline it takes to put a few coins in a jar every week is the same discipline it takes to open a savings account or manage an investment portfolio.

Conversation about our intended progress will only take us so far and promises about the future will only buy us a little time. Promises must soon be matched by performance. If the results do not appear in a reasonable amount of time we run the risk of losing the trust of others in addition to our own self-respect. We may find that those who once believed no longer believe, and we will one day be left only with our well-intentioned, but unfulfilled, pronouncements. A loss of this magnitude is worth preventing. It is on the day when we discover our losses that we will taste the bitter pill of neglect. It is on that day when we will finally experience the agonizing consequences of self-delusion, procrastination and unkept promises.

Will we read the books, make the plans, make good use of time, invest a portion of all that we earn, polish our current skills, attend classes to develop new skills and get around better people in order to improve our chances for success? Will we tell the truth, improve our ability to communicate, use our journals and give careful attention to all the virtues that success requires? Or will we be content to let the time slip through our fingers like grains of sand while we slowly lose self-confidence, the respect of others, and perhaps even the few possessions and valuable relationships that our past efforts have managed to attract into our lives? Will we go on sitting idly by while our dreams diminish to memories, as hope gives way to remorse?

Surely not.

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2016. As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change. For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit www.JimRohn.com.