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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