Tips for Financial Success Millionaire Minds (Secrets of the Millionaire Mind) Part 3
- How do you pay or get paid: for your work or for your time?
Most people earn a fixed monthly salary. This salary is based on the working day and the working days. This type of payment makes you think like poor. The poor think that the only way to generate more income is by working overtime or waiting for a profit: work on time. Although most small and medium business entrepreneurs know that it is better to pay according to the level of profits (for work), they tend to pay their workers equal for time and not for results.
One of the keys to thinking like a millionaire and helping people around you to think like one, is to forget about monthly payments or time payments, and to promote commission payments, payouts for results, and payments for tasks. How to do it? If you are currently in a job where you are paid monthly, generate a proposal of how you could win by results and present it to your boss. If you are an employer, look at each of the jobs you offer and think about how you could pay them for results instead of high fixed salaries. This is an excellent tool especially for SMEs, and not so much for large companies with more than 100 employees.
- Sell yourself.
The poor consider it bad to sell oneself. For them it is like praising themselves. The rich, on the other hand, have no problem selling and promoting themselves because they firmly believe that what they have to offer has value and will solve some problem. Many poor people see the rich as bad and resent it. However, the rich become rich by offering products and services that give value, solve problems, and often have many social components. There is nothing wrong with selling yourself.
How to do? First remember this Huna philosophy (Hawaiian tribe): "bless what you want". If you want to be financially successful, do not resent those who have succeeded. Instead, study how they have done it, value their experiences, read biographies of successful people in business. Second, rate your products or services, and qualify your person. If your products or services are not so good, make them excellent, and likewise with yourself. And, when you are sure that everything you have to offer is excellent, do not be afraid to sell it and sell yourself.