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Thanks,
V. Gold

What's the Price Tag on Your Time, Talent and Knowledge?

I recently witnessed a multi-million dollar deal unfold after two years.  Two years of time, talent and knowledge put in and no deal!  Not to mention at least $100,000 spent on analysis, studies and reports determining the feasibility of the project.  The principals/key players that were a part of this team didn't get paid for the hundreds of hours that they put into this project.  Why would they work for free?  When you look at the potential of the opportunity, that would ultimately return several millions of dollars in revenue the question then becomes, why would they not work for free?

What are you willing to put in to "the Project" to reap the rewards that you ultimately dream about?  The projects, ventures and opportunities with the highest payouts tend to require a commitment that most people are unwilling to make.  This commitment that most won't make is what keeps most people working for other people as opposed to working for themselves!  This commitment that most won't make contributes to the growing gap between the rich and the poor!

The investment of time, talent and knowledge is the commitment that I am referring to.  Most people feel that if they aren't being paid upfront, it isn't worth their time.  Most people feel that if they aren't being paid up front, they have no reason to waste their talent.  Most people feel that if they aren't being paid upfront, they aren't giving anyone else their knowledge.

The difference between people that achieve and maintain a high degree of life long success and prosperity realize the value of investing in the right opportunities which require a great deal of time, talent and knowledge and no compensation up front but have end results that are immeasurable.  When you put a set price tag on your time, talent and knowledge you can potentially miss out immensely.  It isn't always about how you can benefit today.  What about how you can benefit in the future?  Make it about how you can retire at 40…or before!  Don't limit yourself!

Don't Get Around to It…Just do It…or Not!

How many times do you find yourself saying things such as the following?

1. I'm getting there
2. I'm going to do it
3. I'm going to get to it
4. Remind me to do that later
5. I will, as soon as I get paid
6. I will, as soon as I find some time
7. I will, as soon as I save up the money
8. I will, as soon as I put the kids to sleep

Do these phrases sound familiar to you?  These are phrases that you should make a conscious effort to get rid of, or quite frankly, you will miss out! 

When it comes to business, these lines simply don't work!  When it comes to customer service, what customer will think that it is acceptable for you to constantly be working on it, or getting to it as opposed to having it?  When it comes to a partnership, what motivated business partner is going to think that it is acceptable for you to constantly need to be given reminders to do your work as opposed to having your work done?  The above 8 lines impact your credibility and each time that you say one of these lines to the same individual especially, your seriousness meter is being chipped away at.  People do remember and they are counting, especially when they care!

When it comes to business, if you don't have plans on ever doing something or if quite frankly you are not interested in doing something, than say it!  People will respect you for giving a flat out NO as opposed to giving the run around.  When you give rationale as to why you haven't started something or why you haven't completed something, the only thing that people will remember is that you failed to come through or stick to your word.

Don't be a "Gonna Doer" just simply get to it and be a "Doer" or learn to give people a respectful and professional NO!