August 7, 2006
How to Make More Money
Since the release of Career Intensity many people have asked me for help with their careers. To make sure I help as many people as possible, I set up a site for people to ask me specific questions about their career or their business.
The most common question I receive is about increasing income. Simply stated, “How do I make more money?”
This is not unusual. People have been asking that question forever. Napoleon Hill addressed it years ago in his book Think And Grow Rich. For those of you who don’t know, Napoleon Hill studied the 500 most successful people in the world. He traveled around and interviewed and observed success for 20 years. He found 16 characteristics that were common to all of them. Out of all of those characteristics, there are five that are so important that they can literally help you double your income all by themselves.
I kid you not. If you possess these five qualities you can literally double your income every few years. Here are the five:
Have a Burning Desire – You must to want to succeed. The easiest way to make sure you stoke the flames of desire is to work in an area you feel passionate about. If you do not approach your work enthusiastically each and every day you make it far more difficult to succeed. Why? Because you will hate going to work. When you hate something, you avoid it. Even if you don’t hate your work, being attitudinally neutral is not going to drive success.
Have Specialized Knowledge – There are certain success habits involved in every profession. I say habits because you can learn them and master them through practice and repetition. Doctors learn to be great surgeons through practice. Pilots learn to fly airplanes through practice. You can learn to master your craft in the same way.
Be Decisive – You must be able to make decisions. Many people blame their lack of decisiveness on “waiting for all the facts”. The problem with that philosophy is that you will rarely have all the facts on any topic. At some point you have to take a chance and make a decision. Successful people are comfortable with that reality.
Be Goal Oriented – This is a killer for most people. They don’t have goals. Do you want to see some magic? Follow these three steps:
- Set a goal to double your pay in three years
- Reviewed that goal several times each day
- Take some step, even a small one, toward that goal each day
If you do this you will find that you become creative at how you acquire the knowledge you need to move toward that goal. You’ll have to deal with frustration as you chase things that don’t work, but each time you do that you’ll learn from the experience. Having goals is critical to success.
Get Some Coaching and/or Join a Mastermind Group – Everyone needs a coach. A coach helps you in a number of ways. He/she helps you by:
- Keeping you focused on your goals
- Finding the specialized knowledge you need
- Serving as a sounding board as you review the facts in making decisions
- Reminding you to pursue your passion
I highly recommend both practices. The mastermind group is fantastic support and it is great for brainstorming and idea generation. The coach is critical to help you stay personally focused. Coaching is an investment in your future. That investment will pay you back tenfold.
There you have it. Those are the five things you need to know in order to double your pay. If you start to work on them today, you will see the results down the road.
If you have any questions, or you need help in finding a coach, e-mail me: davidvlorenzo@gmail.com
Your future is too important to leave in the hands of someone else.
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