Sunday, September 10, 2017

Why Employees Can Never Get Paid Their True Worth

Businesses operate on profit and they want to maximize their profits. The formula for making a profit is:
Revenue – Expenses = Profit.

The problem is, when we work for a business, where does our salary fall in this equation? We are an expense. It’s a revenue to us and our balance sheet, but it is an expense to the business and their balance sheet. So, if they can get away with paying us less, they would get to keep more profit.

When your boss says, “We need to do more with less,” that just means they want to get more out of you and pay you less money.

So, what kind of system are you in?

As an employee, we are never paid what we are worth. Never. You cannot be paid what you are worth. It’s impossible, because, let’s say you sell $100,000 worth of widgets for Company X and they pay you $100,000. If we look at the formula for profit, $100,000 - $100,000 = $0. Company X would get to keep $0 in profit. So, there would be no reason to have you in the first place.

The way business really works is, if I, as an employee, bring in $100,000 worth of revenue every year, they might pay me $30,000 or $40,000 so that they can override me and profit off me with $60,000 or $70,000.

Now, if you compound that, 40, 50, 60 hours a week for 20, 30, 40 years of your life, it’s no wonder that at age 65, 95% of people are failing. It’s not that people are not working hard, it’s that they are working hard in the wrong system. If the idea of having a job, of working for someone else, trading your time for money, were such a great opportunity, then why would people need 2 and 3 and sometimes 4 of them in a given household, not to live lavishly, but to just make ends meet.

If you find yourself in the wrong system, don't worry, there is still time to do something about it. But first, you must realize that your 9-5 is only going to make you a living. It is what you do during the hours of 5-9 that you can make a fortune. So, if you can find an opportunity where you can earn what you earn now, but control your time YOU WIN! If you can earn 5, 10, even 20 times what you earn now AND control your time YOU REALLY WIN!

So, get a plan in place, work your plan, get yourself in a position where you are no longer trading time for money and then and only then will you be getting paid your true worth. And at this point you will be able to ride out to the sunset on your own terms - you will be able to start spending all of your time and money on the things and people you love the most.

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 3, 2017

Do You Have a Plan for Your Life?
Written by Jim Rohn

Work with your mind to figure out a positive self-direction.

When you are a person of character, you know who you are and where you want to go. You’ve already spent a great deal of time thinking about it. You’ve been working on the parts of your personality that will make you better—your attitude, your health, your time-management skills. You’ve been putting it all down on paper. And you’ve developed positive self-direction.

As you talk with yourself every day, how often do you ask, Is what I am doing today getting me closer to where I want to be tomorrow? Because here’s what you don’t want to ever do: kid yourself. Kid your neighbor and kid me and kid the marketplace if you want to, but don’t kid yourself. You can’t wait around with your fingers crossed hoping you’ll arrive at a good destination when you’re not even headed in the right direction. You say, Well maybe the wind will take me. There’s a chance, of course, but it’s about as likely as winning the lottery. You’ve got to take charge.

Ancient scripture says that hope, if it’s delayed long enough, can make the heart sick. You’ve got to ask yourself often, Am I performing the disciplines that are taking me in the direction that I want to go? I don’t want to delude myself and think I’m on the way to financial success when there’s not a prayer. I don’t want to delude myself into thinking there’s someone else who will take care of it. Nobody else is going to take care of it. Nobody else is going to take care of me.

What if all of your negative-thinking relatives turned positive? What would that do for your fortune and your future? Not much. If prices came down a little, what would that do for your sophistication and your culture? Not much. If the economy gets a little better, what would that do for you? Not much.

If you don’t make plans of your own, you’ll fit into someone else’s plans. And what do you think they have planned for you? Not much. Most people wake up every morning counting on this “not-much” list. And that’s all they have: not much. Not much hope. Not much promise. Not much progress. They’re driving what they don’t want to drive, living where they don’t want to live, doing what they don’t want to do.

Forget the thief waiting in the alley to snatch your purse. What about the thief in your mind? He is tempting you to become lazy, not stimulated by thoughts and questions. Don’t become a victim of yourself. Ask yourself these questions:

  • Is this the direction that I want for my life?
  • Is this someone else’s direction?
  • Is it a goal that has been ingrained in me since my childhood?
  • Is it my parents’, my spouse’s, my boss’s or my children’s?
  • Is it mine?

Ask yourself these questions. Get into the debate of your inner mind.

  • What am I doing that works?
  • What am I doing that doesn’t work?

Debate it all. Work with your mind to figure out the best possible direction for you. This is your self-direction.

Jim Rohn, America's Foremost Business Philosopher, reprinted with permission from Jim Rohn International © 2017. 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.