Credit: Paramount Pictures
Last week while participating in a corporate conference, I heard another speaker say,“This business will never will pay you what you’re worth.”
Needless to say, that statement caught my attention and I listened carefully.
She went on to explain, “At the beginning, the amount you earn will not nearly equal the effort that must be put in … And then after a while, you’ll get paid a lot more than the effort you put in.” So … you’ll never get paid what you’re worth.
This is true for almost every entrepreneurial endeavor. And just the opposite is true when you take ‘a job.’
Entrepreneurs work really hard at the beginning of their business life for very little pay. And then, suddenly, with continued hard work and a little luck, they make a lot more than they could have ever imagined.
When a company hires you to do a job, the opposite is true. When you first start, the employer initially pays you more than what you produce. Then, after you learn the business and become productive, you produce a lot more than you are being paid. This is the price you pay for so-called job security.
Unfortunately, some employees regulate this inequity by just doing enough. They give up on the idea of over-achieving. They develop a mindset of, “Not my responsibility” … “Not my job.” They just do enough to keep their jobs.
Entrepreneurs trade job security for the prospect of being highly overpaid in the future.
Are you getting paid what you’re worth?
Is your employer getting his or her worth from what they’re paying you?
Is the false concept of job security keeping you from becoming highly overpaid?
Next Blog Title: Live on Purpose
Next Blog Date: July 5, 2012