Value
Why are handphones more expensive than others? Because of the difference in functions and the difference in the value that is added on to the users.
Whether you want it or not, everyone carries an invisible price tag. This is also what some calls the perceived value of oneself.
To increase income, we need to constantly increase our value by upgrading ourselves to adapt to the new environment. Only through increasing our value can we then deserve more than what we are earning at present.
Time
The next factor that contributes to income is the time used on value-adding activities.
"If you fail to plan, you plan to fail"
Take some time at the end of each day to plan what you need to accomplish and rank the activities according to the importance. By doing so, you add value effectively and efficiently.
Scalability
Does a heart surgeon or a pop artiste create more value to the individual person? It's definitely the heart surgeon who saves lives. But why does a pop artiste earn much more than a heart surgeon? The answer lies in Scalability.
To illustrate the point on scalability: A pop artiste is able to reach out to hundreds and thousands at one time whereas a heart surgeon can only be operating on one person at a time.
The Multiplication Factor
Failure to input any factor result in Value x 0 x Scalability = 0.
Why are handphones more expensive than others? Because of the difference in functions and the difference in the value that is added on to the users.
Whether you want it or not, everyone carries an invisible price tag. This is also what some calls the perceived value of oneself.
To increase income, we need to constantly increase our value by upgrading ourselves to adapt to the new environment. Only through increasing our value can we then deserve more than what we are earning at present.
Time
The next factor that contributes to income is the time used on value-adding activities.
"If you fail to plan, you plan to fail"
Take some time at the end of each day to plan what you need to accomplish and rank the activities according to the importance. By doing so, you add value effectively and efficiently.
Scalability
Does a heart surgeon or a pop artiste create more value to the individual person? It's definitely the heart surgeon who saves lives. But why does a pop artiste earn much more than a heart surgeon? The answer lies in Scalability.
To illustrate the point on scalability: A pop artiste is able to reach out to hundreds and thousands at one time whereas a heart surgeon can only be operating on one person at a time.
The Multiplication Factor
Failure to input any factor result in Value x 0 x Scalability = 0.
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