Monday, 16 April 2012

Why millionare is a value creator?

It is not something you are born with, it has got nothing to do with your academic qualifi cations but it is a habit of choice that anyone can adopt. Value creators have the habit of doing a lot more than expected. If they are paid $3,000, they will work as if they are being paid $20,000. If they are expected to generate $10,000 worth of profi ts, they will create $30,000 worth of value! They are called value creators because they create value for companies. It is through their efforts, that the company makes more and more profi ts every year. As a result, their income is not considered an expense to the company, but a great investment. Even in periods of downturns, when everyone else is getting retrenched and pay cuts, they get pay increases, bonuses and stock options. The company knows that for every dollar they invest in them, they will return triple the value. These people are the high fl yers who get promoted super fast and get their incomes doubling and tripling in a few years. In the past, income was based mainly on seniority and loyalty. The longer you stayed, the more you were valued. In today’s world, income is based entirely on the amount of value you can create. It is not uncommon to see people who are much younger, with a lot less experience directing businesses and earning lots more than senior workers who have been with the company a lot longer. Value creators are indispensable assets to their company! They are very hard to replace. And that is why companies will pay them more and more and offer them partnerships to retain them. Value creators are never out of a good job. They are usually head hunted by other companies all the time, the head hunters offering to double their income if they join them. So, the fi rst unbreakable habit of wealth is to do a lot more than expected. In chapter 6, you will learn specifi cally about how to create massive value that will lead to massive income!

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