I have always had a different concept of money, work, and life in general from the majority of people. One thing that really brought these concepts out in me is reading. I have always enjoyed reading, but there was a certain point where my literature interests shifted from fiction to money and self-improvement books. “Rich Dad Poor Dad” by Robert Kiyosaki forever changed to way I viewed each dollar.
The majority of people only make money while they are clocked in at their job. This was always a problem for me, because I knew there had to be a way to make money every second of the day. I also became aware of the trap of the hourly wage. I know my own self worth, and I feel like I am worth more than just simply exchanging a hour of my time for a set wage of which my employer takes a percentage of. I have always believed in maximizing my efforts, therefore maximizing the return on my efforts. I will use a realtor as an example. A realtor sells a house and puts ten total hours into listing, showings, phone calls, and paperwork. He then receives a 5% commission on this $200,000 sale. His commission comes out to around $10,000. If you put this into an hourly wage perspective, he made $1,000 for every hour he put into selling this house. There is very few jobs that pay this much per hour in the world today! There is a story I like to tell a lot to people who can’t see that they are worth more than their job pays them.
A man is at work and his boss drives up to the office and parks a brand new sports car. The employee says to the boss, “That is an incredibly expensive and nice car!” The boss then says, “It sure is, and if you work as hard as possible, put in long hours, and do the best possible job your can, I will get a new one next year too!”
This story sums up the reason I have always wanted to start my own business. Owning a business, you directly reap the benefits of every second you put into growing and developing it. If you know your worth, why would you allow someone else to get paid for your time and efforts?
IXI Insights 