Saturday, May 23, 2020

Decide What You Will Give For What You Want


When you decide to go into business for yourself, you decide that you want to actively control how much money you earn. Once you’ve made that decision, you must decide what you are willing to give in exchange for your desire to be your own boss.

There are only two commodities that you have to offer people: goods and services. In either case you must give something in order to receive the money you intend to earn. It should not surprise you that many people in business give the least of themselves in order to gain the most for themselves.

But the secret to success and its companion—wealth—is not giving the least, but giving the most. So, just what does giving the most mean? It means giving everything you have to the business you choose, regardless of the compensation you receive for your work.

This idea is a problem for business people who are not doing well in their chosen field, but it explains what separates the barely surviving from the abundantly thriving business person. The person who gives little only gets little in return, while the one who gives much receives much in return.

It is the Law of Reciprocity—what you give comes back to you in the same measure that you gave it except for one big thing. When you give the least in order to be compensated for the most, then you receive much less than you gave.

On the other hand, when you give more than what you expect to be compensated for, you receive back much more that is pressed down, shaken together and running over in abundance.

As you think about the goods and/or services that you will be offering people in the business you choose to engage in, remember that you must give the best of yourself to that business in order to succeed, grow and prosper.

The days of the mom and pop proprietary business are gone. Today any business you engage in must be pre-programmed to grow larger, develop people who can run it successfully, and provide you the opportunity to hand it off or sell it later at a significant profit. This means that you should choose the business you intend to own wisely, considering the future of its related industry and the potential growth possibilities it offers.

You should also consider what that business brings to the table to make people’s lives better. One of the greatest feelings you can have as a successful business person is to know that while you are making profits, the people you are serving through your business are benefitting from the goods or services that you are providing.

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