BREAK THE CHAINS AND GET A NEW WAY OF THINKING
GETTING PAID FOR YOUR TIME is, by FAR…how the majority of people are paid and, subsequently, how they think about their income…they trade their time, for a set amount of money every hour, every week, or every month…and from that, their income has a ceiling. They can only work so many hours in a day, they can only make what someone else is willing to pay for their time…and in this stage of income, the only way to make more money is either:
Get a raise,
Get a promotion,
Switch to another, higher paying career.
GETTING PAID FOR RESULTS. is when you get paid based on your performance, or completing a certain task...regardless of the number of hours you work to make that happen. And when you’re getting paid by RESULTS, you can begin earning SUBSTANTIALLY MORE for the exact same time. First, you can work SMARTER - NOT HARDER. The amount of time you spend on something makes no difference whatsoever…it just matters if you actually get results. Second, by getting paid on results - your work becomes more sustainable Even though your income might fluctuate month by month, because you’re the one in charge of your income - you have more control over the income you make, you can chose to take on more or less work, and you make yourself less replaceable because you’re producing RESULTS. Third, you can work LESS hours - and still get paid MORE MONEY This is exactly where Pareto’s 80/20 principle applies…this is the principle that theorizes that 80% of an effect comes from 20% of a cause…or, in other words, 80% of your money comes from the 20% of the time you spend on it. But, unfortunately…. as great as getting paid for results is…and as much of an improvement this can be from getting paid for your time…sometimes, the reality is that there’s only so many results you can get in a day. Even if you’re the BEST at what you do - you still might just reach that soft plateau where you can’t seem to expand.
LEVERAGING YOUR RESULTS. This is basically Business 101 in a nutshell…you didn’t have Henry Ford going out and building all the cars himself. Instead, he hired employees - leveraged his results - and used that to create an empire. Every single business out there does the same thing, and by leveraging results - you’re able to earn substantially more. You can leverage your results by the strategies I teach on the Gateway to Millions program and scale them without further involvement from you. I teach you how to ultimately oversee your results.
You NEED to do something that’s beyond YOURSELF. You cannot just work for results, without LEVERAGING those results, and finding a way for that to continue doing the heavy lifting for you, even when you aren’t out there working.