Wednesday, February 01, 2006

Increase Your Earnings 1000%! by Brian Tracy

Here's an exercise for you; imagine that it's possible for you to earn ten times your current annual wage. If you're earning $25,000, imagine for a moment that it's possible for you to earn $250,000, a 1000% increase.

Believe In Yourself
The first reaction of most people to that exercise is to smile briefly and then to begin thinking about why it isn't possible. One man said to me, "If you knew how many years it's taken for me to get to what I'm earning today you wouldn't be suggesting that I could earn ten times as much."


There Are No Excuses

Mark Twain once wrote that there are a thousand excuses for every failure but never a good reason. The tragedy of the average American is that whereas his or her main preoccupation seems to be money, or the lack thereof, the average person has the inherent potential to earn far more than he or she is doing currently.


Can Someone Be 10x Better?
Is the manager earning $250,000 per year ten times as smart as the manager earning $25,000? 10 times as experienced? Does he or she work 10 times harder? Of course not. None of these are physically or mentally possible, but there are people in every business earning many times more than others with the same average age, experience and intelligence.

I.Q. Doesn't Really Matter
In fact, a few years ago in New York, a thousand men and women were selected at random and tested for I.Q. Between the one having the highest I.Q. in this sample and the one with the lowest, there was a difference of only 2 1/2 times. But between the person earning the most, who by the way, was not the one with the highest I.Q. and the one earning the least, who was not the one with the lowest I.Q., there was a difference of 100X in income.

Action Exercises
Here are two things you can do to start increasing your earnings:
First, identify the highest earning, most successful people in your field and find out what it is that they are doing differently from others who aren’t doing as well. Copy them every day.
Second, set a goal to double your earnings over the next two or three years and then figure out what you’ll have to do to achieve it. Get started!

ABOUT Brian Tracy

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Here are a few quotes of inspiration and some food for thought about work and life ... CARPE DIEM (seize the day)

"Networking is more than meeting the right people. It's about connecting with their purpose and helping them achieve their goals. It's about connectin them with their success."

  • Craig Elias: Canada's Mr. Networking
  • "So you ask “what can I do to build confidence in myself”? Start by discovering who you are (your Personal Brand), which will allow you to understand what you need to do in order to gain this confidence you seek. Once discovered, it is all about repetition, through telling yourself that you are unique and “you have nothing to lose.” Saying this will help you be more outgoing, which translates into confidence."

  • Dan Schawbel
  • "Our subconscious minds have no sense of humor, play no jokes and cannot tell the difference between reality and an imagined thought or image. What we continually think about eventually will manifest in our lives. Unfortunately most of us are completely unaware of this fact and we do not monitor our thoughts with the care needed so that we can create in our lives the results we say we want. Since the great majority of people do not feel worthy and deserving of abundant good fortune, radiant good health and total success in all areas of their lives that overriding thought pattern controls the results people get. The first order of business of anyone who wants to enjoy success in all areas of his or her life is to take charge of the internal dialogue they have and only think, say and behave in manner consistent with the results they truly desire. - Sidney Madwed

    "You cannot escape the results of your thoughts. Whatever your present environment may be, you will fall, remain or rise with your thoughts, your vision, your ideal. You will become as small as your controlling desire; as great as your dominant aspiration." - James Lane Allen

    "In football you always get judged on your last game. Whoever you are, or how amazing you are, it's the last game that everyone has seen." - Thierry Henry

    "80% of the stuff you get you are never going to need again. 20% you do need, and you need to prioritize its importance."

  • Julie Mahan
  • "It takes half your life before you discover life is a do-it-yourself project." - Napoleon Hill

    "The only thing that doesn't change is change itself." - Heraclitus (You can't step into the same river twice, the old Greek said, because the water keeps moving. - If you're clinging to your old reliable tools, you're not just standing still, you're actually moving backwards from the point of view of those who are moving on with the river of technological change.)

    "The secret of man's success resides in his insight into the moods of people, and his tact in dealing with them." - J. G. Holland

    "To put distance between you and your competition, you must become more VALUABLE... not just more PRODUCTIVE."

  • E. R. Haas
  • "When one door closes another door opens; but we do often look so long and so regretfully upon the closed door, that we do not see the ones which open for us." - Alexander Graham Bell

    "Successful people are not necessary smarter than anyone else, they are simply more effective."

  • Ross Mackay
  • "You'll never achieve real success unless you like what you're doing."

  • Dale Carnegie