Why Are You Not Making A Lot Of Money?
Why Are You Not Making A Lot Of Money?
So, what have you been doing about it?
You probably have thought of asking the boss for a raise, or considering a second job, or switching to a higher paying job.
Do you know that every single one of those options to make more money comes with a price? You will need to give up of your time, or to take on more responsibilities, for the extra cash.
Do you know that if this is how you are going to make more money, there is no way that you are going to make a lot of money? You may be superman, or wonderwoman, but you really only have so much time or talent to spread around.
So, right now, you probably settle with making good money. You have enough to spend, and then some. You drive a nice car, holiday at least once a year, dine at nice restaurants, and splurge a little when you are in the mood.
But in exchange, you give your time, your passion, and basically your life. You never seem to have enough time, you keep missing your kid's piano recital or what not, and you are stressed out most of the time - all for the pursuit of more money.
But I'm sure you have friends that does not quite fit into that mold. These friends are quite well off, like you, but their lifestyle is the direct opposite of yours. They never work late at the office, they are always on time for appointments and half of their time seems to be spent on the golf course, or in their clubs, or otherwise relaxing.
And they are really not that much different from you. You are all well read, well informed and well educated. Financially, you are both in the same tax bracket. They are pretty smart, but then so are you. In fact, in practically every sense of the word, both of you are peers. The only difference is that they have a life, you don't!
What do they know, that you don't?
Well, I really can't speak for you or your friends but in general, I think the difference is in the attitude towards money. It can be simply summarized in the phrase:
"An honest day's work for an honest day's pay."
You believe in it, they don't.
Think about it for a second. Every time you want to earn more money, you think of giving something in return. Nothing wrong with that, except that you have limited time, resources and talent - and you want to earn a lot of money.
What do you think your friend will do when he's looking to make more money?
I will bet that he will start spending even more time on the golf course, and in his clubs, and going on even more holidays. He is enjoying himself, but at the same time, he is expanding his horizons, looking for new ideas, making friends, building contacts, and setting up joint ventures.
When you want to earn more money, you exchange your time and resources for more money. When your friend wants to earn more money, he leverages or "expands" his time and resources for more money.
So, start leveraging your time and resources instead of simply exchanging them for cash.
Why Are You Not Making A Lot Of Money - To learn more about this author, visit David Lim's Website.
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You want to earn a lot of money, don't you? I do. And every single person I asked said they wanted to also.
So, what have you been doing about it?
You probably have thought of asking the boss for a raise, or considering a second job, or switching to a higher paying job.
Do you know that every single one of those options to make more money comes with a price? You will need to give up of your time, or to take on more responsibilities, for the extra cash.
Do you know that if this is how you are going to make more money, there is no way that you are going to make a lot of money? You may be superman, or wonderwoman, but you really only have so much time or talent to spread around.
So, right now, you probably settle with making good money. You have enough to spend, and then some. You drive a nice car, holiday at least once a year, dine at nice restaurants, and splurge a little when you are in the mood.
But in exchange, you give your time, your passion, and basically your life. You never seem to have enough time, you keep missing your kid's piano recital or what not, and you are stressed out most of the time - all for the pursuit of more money.
But I'm sure you have friends that does not quite fit into that mold. These friends are quite well off, like you, but their lifestyle is the direct opposite of yours. They never work late at the office, they are always on time for appointments and half of their time seems to be spent on the golf course, or in their clubs, or otherwise relaxing.
And they are really not that much different from you. You are all well read, well informed and well educated. Financially, you are both in the same tax bracket. They are pretty smart, but then so are you. In fact, in practically every sense of the word, both of you are peers. The only difference is that they have a life, you don't!
What do they know, that you don't?
Well, I really can't speak for you or your friends but in general, I think the difference is in the attitude towards money. It can be simply summarized in the phrase:
"An honest day's work for an honest day's pay."
You believe in it, they don't.
Think about it for a second. Every time you want to earn more money, you think of giving something in return. Nothing wrong with that, except that you have limited time, resources and talent - and you want to earn a lot of money.
What do you think your friend will do when he's looking to make more money?
I will bet that he will start spending even more time on the golf course, and in his clubs, and going on even more holidays. He is enjoying himself, but at the same time, he is expanding his horizons, looking for new ideas, making friends, building contacts, and setting up joint ventures.
When you want to earn more money, you exchange your time and resources for more money. When your friend wants to earn more money, he leverages or "expands" his time and resources for more money.
So, start leveraging your time and resources instead of simply exchanging them for cash.
Why Are You Not Making A Lot Of Money - To learn more about this author, visit David Lim's Website.
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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