Everybody wants to make more money, but in general, people are divided into two categories:
Those who show results first after they are promised wealth
Those who first carry the results, then are then rewarded by others.
Let’s discuss in detail the two classes.
Many who just move their butts are more like staff, freshmen, or mercenaries after the promised big fat paychecks.
With this kind of thought, there is no right or no wrong but consider: you are, again, exchanging your precious time for money. You spend your time working on something that is short-term, restricted wealth, rather than investing your time in an ASSET that produces cash and does not give you income long after you have stopped working.
Also, note that this kind of short-term vision can at best yield only minimal or temporary outcomes. Have you ever seen a security guard at work sleeping when the boss isn’t around?
In addition, when we allow our lives to be run by chasing the dollar, the part where our emotions get the best of us is. Whenever an employee is given a higher pay, more medical insurance and longer breaks, it is clear that their heart begins to pump faster.
A higher wage does not mean fewer financial issues. On the opposite, your obligations, your tax bracket, and your time spent in your business rise as your income rises.
The greater your salary, the weaker your position because if your boss is paying you a 5 figure income and calls for an emergency meeting, you had better rush over to the office even if you are halfway making love to your wife!
I assume this can be summed up as the strongest description of an employee/boss relationship.
To prevent the boss from firing them, an employee will only do the bare minimum and a boss will only pay the bare minimum to keep an employee from quitting.
Let’s explore the other community now.
There are several innovative individuals, inventors, business leaders and entrepreneurs who fall under this group.
Someone who always has good ideas is an entrepreneur.
If we want to excel in the second community, the first challenge we need to conquer is to avoid working for money. What does that imply? Isn’t it part of making money to have a strong financial IQ?
What I mean is not working for free by ‘stop working for money.’ Instead, it means working to develop the requisite abilities you need to be a good entrepreneur (or inventor, investor). Permit me to illustrate:
Where would the best place be to search for contacts if you lack the contacts to run a company? Your rival’s clients, of course.
How about awareness of products? Then partner with a business that will teach you all the ins and outs of the trade’s tricks.
Not acquainted with a factory’s production line? Oh, function in one! Learn the ropes, or handle the staff in the factory.
Being scared to talk to people? Get a sales work where lots of people would be compelled to talk to you. It is also a great way for perseverance to grow!
You don’t know that real life is the best education you can receive! Not at a hall for lectures.
The bottom-line is: not everyone has what it takes as an entrepreneur to succeed!
It’s not very convenient. Some lack the perseverance, the imaginative mentality, the financial ability or the people needed to get the job done and usually give up too early to see any results! The best way to excel in obtaining those abilities is to practice them hands on and you’re even paying in the process! Do not get absorbed by how much you’re being paid.
In The Apprentice, when Donald Trump picked candidates, their first mission was to go to the streets and sell lemonade! Most would find it a degrading assignment. But it was really important for The Donald: if you can’t do anything as simple as selling lemonade, how can you manage a daunting job on earth, like running the Trump Empire?
Again, let me underscore:
Will you exchange short-term money for time? (Money stops when you quit coming in)
Trade time and cash for a long-term commodity that produces revenue for you? (Long even when you’ve stopped)
With a brain, God created us. All we need to do is look around us and observe problems to overcome because every problem is an opportunity in disguise.
It is up to you all. In the short term, you can or may not see the results, but we can generate true value by using our brains and the tools around us that people are willing to pay for what we have to give.
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