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The Law of Financial Compensation   PDF  Print  E-mail 
Written by John Assaraf   User Rating:starstarstarstarstar / 4
Poor Best
Tuesday, 16 March 2004
"I've been able to help many people significantly increase
their incomes and lifestyle by simply understanding and
following the information that follows...so here you go... "

The Law of Financial Compensation
By John Assaraf, a.k.a "The Street Kid"


This is going to be slightly
longer than usual but I think you will enjoy it!

For over 20 years I have been fascinated with what it
really takes to make a lot of money.

I realized a long time ago that if someone else could do
something or achieve something...

Then I could at least copy what they did... and get a
similar... or better result. When I was younger making
Money was on top of my list so I became a very good
student.

What I have discovered in my search...is that it's not just
the people with the college degrees or the most potential
that make the most money.

You and I both know people who we think are smarter than we
are...yet they don't make as much money as we do....

And we also know people who we think aren't as smart as we
are....who make more.

I was VERY fortunate that I had the desire to earn a lot of
money...just as I hope you do. The reason I say that is
because money is not hard to make if you understand how.

But more than having just desire, I found a few mentors who
really knew what making money was really all about.

They were making millions, so I wanted to make millions.

As a matter of fact, I decided at the age of 22... that I
was going to be a millionaire!

I had no idea how.... but I was going to listen to them and
then do it.

Let me share with you a few simple things I learned that I
think will help you on your quest for earning significantly
more money.

The Street Kid part of me wants it simple and fast.
Everything I do is about getting results now, not in 6
months. Everything you learn, you will be able to apply
immediately, so let's begin.

First and foremost...earning a lot of money is not reserved
for smart people.

It's reserved for people who do the right things,
spiritually, mentally and physically, that attract money.

One of the first things you must understand is that the
internal belief you have about what you think you can earn,
is not your true potential, but a conditioned "belief"
based on your past results and old mental conditioning.

And as a reminder from previous reports... your internal
image and conditioning controls what you focus on, attract
and see. If you are conditioned to make $35k a year, all
you see is opportunities and jobs in line with that image
and focus.

If you are conditioned to earn $200k a year, then all you
are focused on is things that are in line with that income
level.

There is an exact science to earning money that most people
have never been taught.

I'll give you an example of a couple of the easy rules you
must understand for earning money. Without understanding
and applying these simple rules, you are working harder
than you need to be.

I've been able to help many people significantly increase
their incomes and lifestyle by simply understanding and
following the information that follows...so here you go...

Now remember, individually these rules may seem simple.

But when you look at the 3 together...you'll understand the
potential effect they have on how much you can earn.

Ok, Rule One...

"Define the overall market potential for the product,
service or talent you have."

This is pretty easy...do a lot of people need what you do
or have...or is it just a few?

The more potential there is for what you have or do...the
more total money there is for you to attract. For example:

...If you are a doctor, a salesperson, a secretary or a
baker...there is a clear need in our society for what you
do. The same holds true for professional athletes or
musicians. There are some professions and products that
have less need than others, therefore less earning
potential.

Lets go on to Rule Two...

"I get paid in direct proportion to how replaceable I am...
or how replaceable my product... or service is". 

In other words - how good are you?

This is where earning money starts to get a little
competitive.

If you are easy to replace because the entry to what you do
is easy...then you have to be very, very good to do well in
that field. Otherwise you will have to share the potential
income between lots of people.

The harder the entry, the higher the potential income is
because there are fewer people to share it with.

The same is true if you have a product or service that is
easy to duplicate.

Rarity increases value. Think of surgeon vs. a general
doctor.

Think of a rare original painting vs. a print.

Think of an excellent salesperson vs. an 'OK' one.

Think of how much Michael Jordan earns vs. a rookie...

Think of any service you currently use that is so-so vs.
another one that is excellent.

Who do you prefer to do business with? The excellent one
don't you?

These 3 questions should get you thinking about some of the
basic stuff like...

How good is your product or service? If you aren't the
best, or close.... then why not?

What reasons are you "internally" telling yourself for not
being better? What is this costing you in income and your
life style?

Plain and simple - is your product, service or talent
easily replaceable?

The list can go on and on...

Here's Rule Three...

"I get paid in direct proportion to how many people I can
get to use and pay me for products, services or my
talent." 

Think about this for a moment; compared to other people in
your line of work, how good are you at getting people to
know what you do or have, and then use it?... 

If you are honest with yourself about the answers... I
think you'll agree that in one or more of the areas
...there is room for improvement.

I'd like you to imagine what it would be like to double or
triple your income or revenues right now, what would you
buy, where would you go, what would you have that you don't
right now?

I ask you these questions because I was asked them when I
was 21.

I liked the answers I came up with so I decided to really
go for it and learn and do what was needed.

If you don't keep growing and learning, you've made an
internal agreement with yourself that you are fine with how
much money you are earning right now and with what you've
got right now.

Remember to Create a Great Day!

===============================================================
John Assaraf, aka "The Street Kid", shares the exact principles
and step-by-step system he used to get free from the street gangs
of his youth, to become a multi-millionaire entrepreneur before
age 30 in his new book "The Street Kid's Guide to Having it All".
FREE reports and newsletter:

http://www.kickstartcart.com/app/aftrack.asp?afid=121488

===============================================================

Last Updated ( Tuesday, 16 March 2004 )





 
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