Have you ever listened closely to how people talk about the money they earn? It usually comes down to hourly rate or a yearly rate. The thing about both of these terms is it somehow converts time into dollars.
Hi and welcome to Barrworld.com where we talk about Goals we make to move us to more successful living. Today we are going to have a short talk about how you earn the money you have.
I grew up on a beef farm where the days were long and the work was never ending. All through my school years I was told I needed good grades so I could get a good education and then a good job and I’d have it made.
Well I have been blessed with some good jobs and some others that were less than desirable but each of these jobs where trading time for dollars or where they?
Why did you get hired into your last job or why did your customer purchase from you? Or why where you hired on to your last contract?
Did you have a skill that was clearly needed with your current employer or customer?
Don’t employers and customers buy because of the value you bring to the table?
They aren’t purchasing your time; they are purchasing your skills. They aren’t purchasing a warm body to fill a chair; they want what you have to offer.
You have a customer or a job because you provide Value.
Creating value means accomplishing tasks that will greatly benefit your organization, as well as making you stand out from the rest. How do you stand out? By doing more than you’re paid for and learning more than you’re paid for.
Although it never hurts to hit your targets, achieve the most sales, or have a flawless attendance record, those may not be enough to get you ahead. You must stand out by providing more value than you’re paid for.
When the powers that be are deciding on promotions or renewing contracts, how much value you’ve actually contributed to the company is what really counts! What have you contributed that will sustain the organization and allow it to grow by leaps and bounds in the future?
So just how do you create value?
Let’s look at some strategies of how to create value, regardless of the type of business you work in:
1. Focus on the return on investment. You can create value at the workplace by considering whether the time you spend on a particular idea or project will yield the desired return on investment.
- Spending time doing what others are doing won’t allow you to stand out. Think about how you could do the job faster or more efficiently.
- Focus on why you’re being asked to do this work. If its paperwork ask who looks at this next. Talk to them and see if you’re doing it right. You may be able to reduce the errors and therefore it will give you more time to work on more valued tasks.
- Work on projects that produce significant returns, from the point of view of financial success as well as market leadership.
2. Study the stories of other successful businesses. If you take the time to study the stories of successful businesses owners, you’ll likely be able to identify what your organization is missing.
- Changing your focus from doing your job well to creating value, instead, will help you tune in to ways to make a difference in the success of the company.
- Look for ways to reduce costs and increase value. Find a problem area and work on finding a solution.
- Become familiar with people that are working at a level above you so you can fill in when they are on vacation or you can be prepared when you get the promotion.
3. Seek out results that have a lasting effect. Creating value also means doing something that has a lasting effect and helps the organization reap positive rewards for a long time to come.
- Your contributions to building the business will likely be recognized and rewarded.
- It’s exciting to think that you could be on the brink of creating something that will outlive your time on this earth! In an ever-changing world, you might want to put your mind generations ahead of where you are today. Build something that has longevity, build a legacy!
4. Understand what customers want. How do you know that you’re offering what the customers want?
- Study your client base so you can assess their needs and find ways to provide what they’re looking for. You can create value for consumers when you understand what they want!
- ASK your customer what they need. How did they like the training? Could you have done something different? If you add another product could that have made the experience better?
As long as you keep your mind focused on bringing ideas and solutions to the table that allow your company to continue on its growth path, which is adding value, you’ll likely be the candidate to secure your spot at work. Thinking outside the box to create value is really what it’s all about! Creating value is the name of the game.
I hope you enjoyed this article.
Chat soon and God Bless
Percy