Understanding Earning Money – Foundations Of Success 19

What Are The Foundations Of Success?

     As we set off on this journey together, I will teach you the Foundations of Success and help walk you through a series of what I have come to understand, are the crucial foundations for becoming successful and gaining wealth. I have developed, over the last two years of study, research, and application, a full guide that has not only changed my life around, but if given the chance can also change your’s. I’ve labeled this highly valuable program the “Foundations Of Success,” because it contains what I believe to be the most crucial and foundational ideas, concepts, and principles that you absolutely need to understand and apply in order to truly achieve Success in your life.
Below is a summary of Foundation #3 “Personal Development.”
The Foundations Of Success course I’ve created is extensive in it’s value, simple in it’s approach, strategic in it’s knowledge, and easily accessible to you. All you have to do is follow a link and your life could change in an instant.
And I know that life is daunting, and change is hard, so should you desire to first get a taste of what the Foundations of Success are all about, I’ve created these short blog posts to give you some key insights into what you’ll learn in each Foundation of Success within the program.
Read to your heart’s content and follow each post to gain a preliminary understanding. This information alone can do wonders for your life. But should you choose to be serious about changing your life, improving your current situation, and beginning your journey on the path to riches, the full scope of the Foundations Of Success is always available to you here.


Understanding Earning Money – Foundations Of Success 19

19) Understanding Earning Money

How Do You Earn A Fortune?

How do you earn a fortune? By rendering fortunes of service. People will do things you won’t believe for good service. It goes the distance.
In any man’s journey to success he must understand the Foundation of Earning Money. Where does money come from, how do we make it, and thus, how do I make more of it?

How To Earn Money
Money is made by providing value to the world around you, and to providing services that people need. This is a simple statement, but when is the last time you really considered it? You have so many skills, which you can develop and perfect, which will allow you to help people with their problem. How many problems can you learn how to solve for people and thus grow businesses out of? If you can solve a problem for one person, you can solve it for 2, 5, and 10. Then, if you can teach others to solve that problem in the same way, they can serve 2, 5, and 10 for you. By finding a way to solve a problem, and by learning to leverage yourself and scale up your service, you can develop lucrative businesses in so many areas of life you never thought possible. This is how fortunes are made.
Understand the simple concept of how money is made and why. Once you grasp this concept, you can apply it again and again and again over the course of your lifetime to grow businesses, multiple streams of income, and grow wealthy.

Always do more than you were paid to do. In doing so, you create an inequality whereby your pay must eventually rise to meet your level of effort.
You don’t get a promotion or a raise by going to your boss and saying, I will work harder once you give me the raise. No, you work harder, you go the extra distance, and your boss gives you a raise because you deserve it. You are rendering more service than you are being paid for, so eventually it must even out.

So too in the world of self-employment. Do more than you were getting paid for. Chances are, you already do well more than you are paid for, but don’t’ do it in work only, do it in service. Do it in service to your customers. What are they paying you for? Go above and beyond to deliver more than what they’re paying you for. Then you will earn more than you are currently earning. If you are self-employed, learn to quit doing so much work for “yourself” and learn to start doing a little more work for your customers.

All Money Comes From Other People:
Understand that all money comes from other people. You only make money that other people are willing to give you. And people are only willing to give up their money in exchange for a value, a service, and a solved problem.

Wealth is a matter of inspiration.
Let’s break this down because it is a brilliant quote. Wealth is a matter of inspiration. If you are looking to make more money, you must find an inspiration that will push you on to new heights. Be inspired to grow more, to provide more, to add more value, to work harder, smarter, and better. Be inspired to pursue the right ideas, and new ideas. Be inspired to find success, and wealth will follow.

Adding Value to the Marketplace:
Value makes the difference in results. You can’t get more time, but you can get more value. We primarily get paid for bringing value to the marketplace.
You think you are paid for your time, but you aren’t. You can’t increase your wealth by adding more time to your work… maybe just a little.
No, you get paid for the value you provide in that time that you work. Therefore, if you wish to increase your income, you must increase the value you are able to provide by your work and time.

Problem Solving In The Marketplace:
The only place that you can get money is from other people. We can’t get it anywhere else. All of the money that we make comes from other people, so the secret to getting rich and having wealth is getting other people to give you their money. And the only reason other people will give you their money is because you are helping them and solving their problems. So therefore, the secret to wealth and the secret to getting money is to solve problems for people.

Identify a problem and then go solve it.
Identify a problem and then go solve it. If you want to make a living it is fine for you to be involved in the process. More than likely, you are needed to be present to solve the problems that you know how to solve. However, if you want to make a fortune, you cannot be involved in that process anymore. You must remove yourself and fill the hole with many, many, many, many people who can replicate your processes, thereby removing limitations and barriers.

Most people will never get rich if they are being paid for their time. Realize that you are limited if you are paid for your time, because your time is limited. Therefore, Stop working IN your job, and start working ON your job. Start working ON your business instead of IN it.
So the steps are to get good at solving a problem. And then systematize a process that solves that problem on a large scale, without you being directly involved. You can personally monitor that system, but that system has to be able to work without you being directly involved and tied up in it.

You don’t get rich saving money.
You don’t get rich saving money. You get rich by connecting with opportunities. If you want wealth in 40 years, save your money. If you want wealth now, find a worthwhile opportunity and spend your money to get an increased return.
Learn to spend more money, but do it on things that will bring you return, and a greater return at that. You should never feel sorry for spending any amount of money that is going to return to you at a greater value. Break your mindset that all spending is bad.

Getting ahead as an employee:
Much of what I teach on is about self-employment and from the perspective of a business owner, because that’s what I am. But let’s talk about ways to excel as an employee of someone else.
Be a diligent, organized, and distinguishedly smart worker. Those things are a given. But ask for more responsibility. Learn your current task well, and quickly. Be great at it, and then work on improving the speed at which you can get things done exceedingly well. Don’t take forever. As you improve your skill, you will also shorten the time it takes.
Now, your task becomes this: when you notice yourself finishing a little quicker than before, and you have some extra time on your hands, don’t waste it playing around or chatting in the office. Instead, go to your boss and ask for more responsibility. You’ve made time for it, and by taking it on, you will grow out of your current position.
Get into the habit of asking for more responsibility over and over. And as soon as your boss provides you with it, don’t procrastinate. Get after it straight away.

The height of your income:
Your income will never exceed your self-identity. Therefore, you must learn to improve yourself, to build your self-confidence and self-esteem, to believe in yourself, and to genuinely grow as a person. As you invest in yourself and grow in your abilities and understanding of your worth and ability and potential, your income will also rise.

Understand that all of the money you will ever make in your life will have come from other people. Other people have your money, and the only way to get it from them is to render a service, a value to them, or to solve one of their problems who’s solution is of greater importance to them than their money.
If this idea and understanding becomes your mindset, you will be out seeking to solve problems, add value, and make a difference in people’s lives, and you will not be afraid to ask for money when you do.
Learn to solve a problem for one person first. Then move to 2, 5 and 10 people. Once you know you can successfully solve the problem for multiple people, write down and develop your system for solving that process, step by step by step. Then, hire someone under you to begin solving that same problem by following your process for 2, 5, and 10 people. Yes you’ll make less profit this way because you now have to pay someone else, but you are learning to leverage yourself and spread your problem solving skills far and wide. Once the first person and successfully followed your problem solving steps and solved the problem for 10 people, hire another person to repeat the process in a new area. Continue to do this and soon you will see that you have removed yourself from your business and you are making more money than you ever could have by simply solving problems yourself. This is the path to riches.
Remember, you don’t get rich by saving money, you get rich by spending your money on a worthwhile investment. Hiring new people to solve problems for a profit is a worthwhile investment.
Additionally, wealth is a matter of inspiration, so learn to pay attention to your inspirations, flush them out, pursue them, and be inspired to ever grow/ever increase your effectiveness through processes and other people.
Finally, learn to think about your customers/clients/employers. If money comes from other people learn to stop focusing solely on solving your own problems, and go spend more time and effort adding value to these people instead.

Learn The Foundations Of Success

By this point I’m sure you’re intrigued and wondering what else there is to know that can help you live the life you have always desired.
If you’d like to go further in depth with this principle and others like it, and better understand it, I’ve prepared a program for you called The Foundations Of Success.
In it you will learn all of the fundamentals of “How To Become Successful,”  and what it takes to get Rich. Let the Foundations Of Success program assist you on your Road To Wealth.
Click Here To Begin Your Journey On The Path To Riches.
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