Life-By-Design

 In our economic system, your income will be determined by three factors:  first, the kind of work you do; second, how well you do it; and third, how difficult it is to replace you.

If you want to increase how much you are paid, you must increase your value to your company by arming yourself to do beyond what is expected of you and make yourself indispensable.

The following are steps you can take to double your value:

1     Make yourself indispensable.

Commit to doing your job so well that you make yourself indispensable.  Make it very difficult for your boss to be able to replace you. Statistics prove that about 20% of employees of any business are critical to its success and do about 80% of the work to keep the company alive. To double your value, you must work yourself into this 20% of bracket super-employees and stay there.

In my life time, I have changed jobs at least three times. On one occasion, my employer asked me to try my new job for a month and be sure that I want this job then I could turn in my resignation letter. If I did not like this new job, I could return to continue with my old job.

In another job, my employer refused to accept my letter of resignation. He preferred to suspend my pay and keep my employee file dormant. Should I decide I want to come back to the company even after one year, I would still have a place in the company.  This is my idea of making yourself indispensable.  

2.   Think like your boss.

To survive and succeed, every business must get this right; “Make the maximum revenue at the minimum cost”. This is called the Bathtub theory of economics. Money flows into the business bath tub through the taps and flows out through the drain.

Your boss is constantly concerned about plugging the drains in the business and turning on more and bigger taps.

 What is left over between the tap and the drain is called profits. You must become a profit finder. Your boss must not see you as an expense item; a way to lower costs during tough times. Always be on the lookout for ways to bring your employers more revenue and eliminate unnecessary costs and wasteful expenditures.

Commit yourself to your bosses goals and objectives. Let him know by your words and action that your goals are the same as his.

Thinking like your boss doubles your value and quickly sends you up the management ladder and gets your earning the salary of your dreams.

3.  Do more than you get paid for

Success is what you do after you have done what is expected of you…. no one becomes a hero by doing just what is expected of them …  Salary increases are always preceded by increased employee value.

The secret is to continuously keep your value several steps ahead of your pay levels. Your boss will continuously struggle to catch up with and close the Gap between your contributions to the company and the compensation you receive for your services.

Do me a favour put these steps to action; it is a must that your value to your company will increase continuously…… dragging your pay upwards in the process.

Continue to design and bring to pass the life of your dreams one step at a time!!!!.