Wealth Notes 

Hard work doesn't pay!

Today I want to look at helping you to develop the mindset of "EARNING" more. While spending within your income is absolutely essential the risk is that if we focus on containing spending then our current income becomes our ceiling. So what I want to focus on increasing your income earning potential and taking the ceiling away, not just raising it, taking it away.

Now why would I say that "hard work doesn't pay' surely that is contrary to everything that we've been taught. Yes it is and it's because we've been taught it by people who don't understand it, and we still don't understand it, that we are in the state we are in, where only 5% of the economically active population ever become financially independent.

There are many people who work really hard and earn very little for their efforts. What we must understand is that we are rewarded for the value of our services not for the effort that we make in rendering those services. Let me give you an example. The labourer who sells his muscles and his time to dig the foundation of your house does not earn nearly the same as the supervisor who tells him where to dig. The supervisor doesn't earn nearly as much as the builder who builds the house and the builder doesn't earn nearly as much as the architect who designed the house. As the skills and responsibility levels rise so the value of the service rises and so the service provider earns more.

The labourer sells his muscles and his time. The architect sells his knowledge and his time. Labourers are plentiful and on every street corner. Architects are few and only in select areas.

The lesson is this. No matter where you are in this chain you should be striving to improve your skills. As a labourer do your work so well and be so trustworthy that you earn a promotion to supervisor. As a supervisor learn everything about the job. Look for opportunities to practice new skills and to design better ways to get the job done until you earn the promotion to the next level. What ever you do, do it as well as you possibly can and then learn to do it better.

Take a look at your job. If what you do is easy to do and can be done by many people then do not expect a great reward for doing it. My advice is to up-skill yourself out of that job as soon as you can. The smarter the market perceives you to be the more they will reward you for your efforts.

So work hard at getting smart and then you will find that hard work really does pay.

To live your best life be true to the YOU, that you want to be.

Live with passion. Change your life from making a living to making a difference.

Live up to the reputation that you want to have.