The GREAT Edward here,
Heard this a few times this week from a Mentor of mine The GREAT Joe Schroeder and the Master Mind Group at The Million Mind March and had to share it.
And it goes a little something like this...
"You will only earn income to the degree that you can be replaced."
So, what does that mean?
Is there a limit to the Income I can earn?
Is it easy for someone to Replace me?
Well, simply put, here's how it is...
Lets say you Work at a JOB where you get Paid, lets say $51,000/yr.
You come to Work Every Day and DO Your JOB.
You get there at 9 am and leave by 5 pm Every Day.
Always get done what you can in the 8 hours that you have.
Maybe there is someone else that would be willing to Work at Doing Your JOB for $51,000/yr.
Hmmmm...
Does that mean that I could be replaced for $51,000/yr?
Yes it does!
And Therefore Your CaPaCiTY to Earn at that JOB is $51k/yr.
Interesting eh?
Now listen to this...
Your Working at Your $51K/yr. JOB and there are people willing to Do it for $40K / yr.
Watch out...
You might be out of that JOB soon.
So that's it... Pretty Simple Formula. Not too much Math here to Worry about.
But... the question You NEED to Be asking Yourself NOW is...
How do I keep My JOB?
How do I Increase our Capacity to Earn?
I'll give you a hint...
2 words...
Value
and
Influence
More on this later this week.
Share you thoughts below.
Make it a great day!
God Bless,
-ed
