Thursday, February 10, 2011
Going the Extra Mile
This friend of mine is an avid fan of Disney. In particular, he loves Walt Disney World, so much so that he hopes to build a long term career there. Against the recommendations of some of his friends and family, he applied last year for the Disney College Program as a custodian. This guy is very intelligent and probably could have picked his jobs a bit more wisely but he ran with it.
Long story short, he got the job. He loved working there but circumstances in his personal life coupled with not being quite fit for custodial work led to his going home early. He was a bit distraught as it was still a place he wanted to build a career.
Some people give up on their dreams. My friend chose to pursue it again. This time he has reapplied to work for Disney in a job for which he feels great enthusiasm: "Attractions" (basically, the people who operate the rides). Good deal.
Now, most people would be content to reapply and leave it at that. Some go an extra step and call/email to confirm their interest in the position. He did that too. But a few days ago he did something which displayed excellent hustle and surprised me a bit, to say the least.
He created a website.
His website is called I Want To Work At Disney. He even took the time and extra money to register the name www.iwanttoworkatdisney.com! It's still a work in progress, of course, and he says he's constantly working to refine it, but I'm impressed that he's made the effort in the first place.
The winnings in life go to those who are willing to go the extra mile in life and put in extra effort where others are content to rest. I'll keep you updated regarding how he does.
How to Make More Money
Most people's time is worth very little. This is reflected by the fact that they do not make money for that time. If you take a moment to examine the reasons as to why this is so, the answer becomes apparent -- they spend most of their time doing things that are pretty much worthless. Their activities are not producing any value.
Before I get started, I want to make it clear that there's absolutely nothing wrong with relaxing or doing stuff that's fun. Such is absolutely key to a healthy and well-balanced life. There's no point in striving to become wealthy if not for the aim of enjoying the "finer things" in life! If you don't take the time to relax and enjoy your life you'll burn out.
With that in mind, however, it's important to keep in mind that time spent watching television or doing the countless other mundane things people do during the course of a day is time where you're not providing value. After passing that point where your basic relaxation needs have been met, your time is being wasted. No value is being created and you're not developing a talent that might provide value in the future.
A failure to understand the concept I'm about to explain is why most people stagnate in life.
The two driving factors for determining prices in a capitalist economy are the law of supply and the law of demand. Increased supply drives prices down and increased demand drives prices up. The area of the graph (it's not a single point due to there being a variety of factors involved) where these two forces meet is where price is determined.
Many people overlook that these fundamental laws play a role in determining the price of their own time. You have twenty four hours in a day. If you are smart, you're spending seven or eight of those hours sleeping. You can't be your best without being well rested. You also devote some of your time to eating. The rest is composed of the various other things you do during the course of a day.
So, in terms of your personal amount of time, supply is fixed at twenty four hours. You can't change that. The only meaningful way to increase your value, then, is to increase demand.
The demand that is attached to your time is directly connected to your ability to get things done within that 24 hours. Note that I intentionally did not say "your ability to do things." There are key differences between doing things and getting things done. Doing things doesn't mean that what you are doing will get done. Getting things done doesn't necessarily mean that you did them yourself. That distinction is what most people do not understand when it comes to the value of their time.
People don't pay you for the sheer amount of personal effort you put into a task. If that were the case, you could get rich digging holes and filling them back up for sixteen hours a day. No, what people value is your ability to get a job done in an effective manner. The more more you can do and the more effective you are at your tasks, the more they will value your services. To harp on a theme I've been covering as of late, you increase your effectiveness and the amount you do by hustling your own talents and by leveraging the talents of others.
Part of this involves looking for opportunities to do more. You can do this during your own free time or while you are at work, around your place of employment. Find tasks that people need done and offer to take care of them. It's best to start in areas that involves your own talents so that you can do them personally but sometimes you'll find yourself set to tasks which you can delegate to others. Turn people's problems into tasks, tasks into projects, projects into jobs, and jobs into money and indispensability. Find ways to use your talents and the talents of those around you to accomplish your goals. If you've used the talents of your co-workers, be sure to give credit where credit is due. That's leadership.
You will begin to establish value in the minds of people around you when you can demonstrate that you are able to get effective and refined results to the tasks at which you're set. Keep diligent records of everything you accomplish -- doing so will serve you well when it comes time to negotiate new wages or salaries. Demand for your time will increase dramatically in the wake of results and the price of your time will increase accordingly.
Hustling lets you use your twenty four hours more efficiently. Leveraging exponentially increases the amount of hours you set to a task without actually effecting your personal supply. When you are capable of hustling and leveraging work that would take a regular person fifteen hours into one hour's time, your time becomes worth fifteen times that of the regular person.
Your successful executives and business leaders are leveraging hundreds and thousands of individuals during their normal work hours. They leverage effective individuals who in turn leverage skilled individuals below them, in a chain that goes from the Vice President of Marketing to the mail room clerk. They get hundreds and thousands of hours of results out of a single hour of their time and thus they make that much more -- everything that is done produces a necessary result. They certainly don't work harder or physically do more but they do get more done with what they have. They are paid, in fact, for hustling the skill of leveraging people.
If you want to make more money, learn to maximize the results you can produce within a twenty four hour period of time. Look for ways to expand your role. Develop a unique skill and learn to do it better than anyone else. Find ways to tap into the talents and efforts of others to accomplish the tasks which you can't or won't do. Don't be content to let your free time go to waste when you can focus on learning and applying these skills.
The journey towards making more money is long and hard. You only get out of it what you put in. The results, however, will outstrip any and all of the hurdles you've met with along the way.
Tuesday, February 8, 2011
The Road to Riches is Paved by Your Mind
America is truly the golden land of opportunity. For over two centuries, men and women have been immigrating to this great land seeking to make names for themselves. American history is full of stories about those whom, through hard work and patience, paved their own way from rags to riches.You and I both know that you're looking for the same thing. Everyone wants to make money. It's desirable to have the means to both look after yourself and your loved ones. Unfortunately, not everyone is born with the knowledge necessary to get ahead in life. That's where I come in, along with this blog.
I'm here to help you. But I can’t promise you this success. The fruits of prosperity never come in an instant. The labor put forth to produce those fruits is entirely in your own hands. All I can do is motivate you with my own knowledge and experience and perhaps give you some of the great tips that have led to my own personal success.
Creating wealth is much like constructing a building. There has to be a basic structure but what's primarily important is the foundation that you lay. The foundation to building wealth is the development of your own personal outlook on the world around you.
I’m sure you've heard that before from other motivational writers and speakers. It's very true. The only limit upon the wealth you can earn lies within what you choose to believe about the reality around you.
You must decide at the outset the answer to a question that is purely a matter of choice. Which do we live in -- a Malthusian world of limited wealth or a world of abundant prosperity?
I wouldn't dare answer that question for you. I've got my own answer to that question which defines my own reality, but it'd simply be out of place for me to define your paradigm for you. All I'll say is that if wealth is limited and money making opportunities are both risky and few and far between, then your ability to prosper and make your fortune is severely hampered. If you believe in a world of limited wealth, I can't help you. That wealth is obviously spoken for. I guess some of us just lucked out in the wealth game and the rest are doomed to scraping together their existence from our table scraps.
In such a scenario, there just isn’t much material with which to build your foundation and you might be better off sticking to your boring 9 - 5 job, whatever it may be. There is no shame in that.
If, however, you are willing to live in a reality of ample prosperity, where opportunities exist wherever you are willing to make them, then there is hope! The next step for you is a very big one. It'll sound very hokey, but it's quite necessary for a wide variety of reasons.
Just do it and don’t ask questions… don’t even entertain questions for a second.
Close your eyes and imagine the wealth you desire. Imagine yourself living in the house of your dreams, sitting on the couch of your dreams watching TV on the big plasma TV screen of your dreams. Your son or daughter calls - they need you to pick them up from school. You walk out to your garage, in which sits the car of your dreams. You pull out into the driveway, stopping for a second to appreciate your beautiful yard… as you pull out into the road, the mechanical gate shuts behind you.
You get the idea.
You have to imagine the wealth you desire, but that’s only the first half of this step. The second half is that you must force yourself to realize that this wealth already belongs to you! It's yours, even as you read this blog entry! The trick is that you must accept that all you have imagined really belongs to you. It might not be in your possession right at this very minute, but you have to open your eyes and see that it's truly yours!
God WANTS for you to have your hearts desire. The catch, however, is that it can't simply drop these things in your lap. Due to some hidden clause in the Contract of Life, you have to be both willing and able to receive what God wants to give you. I’m not going to get into details, but it’s not as simple as God inspiring some wealthy stranger to write you a check for several million at random… the intricacies of THAT occurring are far too complex.
Instead, what's required is that you help things along. Your goal, in making wealth, is to find ways to enable God to funnel your wealth to you. This isn’t about getting rich - it’s about enabling the world to give you that which is rightfully yours.
If you take that to heart, this blog will certainly be an aid to you in your journey. If it is simply beyond the bounds of what you are willing to accept as your reality, however, then perhaps that reality is just not for you.
