What if you discovered a way to solve that dilemma so that the credit and sales departments of your company worked more smoothly together? Maybe you figure out a system that makes it easier to record sales and send those reports straight to the credit department, which will ensure that the salespeople get their commission payments more quickly, and the credit department receives real-time reports of all new sales. When you present this to your boss, you might get a promotion or a bonus because you solved a genuine problem that will save your company money. It is all because you figured something out that nobody else did.
Be on the lookout for ways to solve problems, and you will go far. Remember, there are just 3 ways to make more money in this world: 1) Get more people to buy from you 2) Get people to buy from you in bigger amounts and 3) Get people to buy from you more often. Those are the only three ways to increase business and make more money.
Whoever solves the problem in the best, fastest, or cheapest way gets paid the most. If you don't feel that you add enough value to your career, than the workshops that are out there. The books are out there. The training is out there. It's up to you to raise your value by getting more educated and gaining more knowledge so you can get paid more.
BONUS #2a The Three Secrets of McDonald's Success
Here is one more bonus section for you about the original king of hamburgers, McDonald's. Given McDonald's massive worldwide success, they have obviously figured out how to create wealth and keep it. Therefore, McDonald's is a great role model for business strategies. I have found that the secret to McDonald's success comes down to three things: 1) a proven system, 2) multiple streams of income, and 3) do not do all the work yourself.
A Proven System: McDonald's has a system for everything, and I mean everything. If you wish to cook a hamburger, you have to go to the grocery store, purchase ground beef, form it into patties, and then put it on the grill. The whole process would cost you a couple of bucks to do. Well, if you can cook a tasty hamburger for a couple of dollars, how come people invest millions of dollars in McDonald's franchises rather than starting their own hamburger chains?
It is because they are not investing in cooking hamburgers or making Happy Meals. They are investing in the wealth creating a system that McDonald's created that will ultimately make them a lot of money. McDonald's already figured out how to run a fast-food hamburger chain, and they do it well, so why make your own burger?
As a bachelor, I do not cook much. In fact, I eat out all of the time because I'm not much of a chef or baker. You will not see me baking many chocolate chip cookies, but I know something for certain. If someone handed me a recipe for chocolate chip cookies and told me exactly what to do, I could do it. I could buy the five or six ingredients, preheat the oven to 375 degrees, and follow the rest of the instructions. I do not care if I ever baked chocolate chip cookies before. I know that if I follow the step-by-step recipe, the system that someone else has created, I could bake chocolate chip cookies.
That is why people invest in McDonalds. They have a system for creating wealth, not cooking hamburgers. Everything about McDonald's, from the exact temperate of oil for the fries to the extent of local advertising versus national advertising, all runs on a system. Take a lesson from McDonald's. Look to create systems in your life, especially when making and investing money. You have to create a systematic approach to everything you do.
Be on the lookout for ways to solve problems, and you will go far. Remember, there are just 3 ways to make more money in this world: 1) Get more people to buy from you 2) Get people to buy from you in bigger amounts and 3) Get people to buy from you more often. Those are the only three ways to increase business and make more money.
Whoever solves the problem in the best, fastest, or cheapest way gets paid the most. If you don't feel that you add enough value to your career, than the workshops that are out there. The books are out there. The training is out there. It's up to you to raise your value by getting more educated and gaining more knowledge so you can get paid more.
BONUS #2a The Three Secrets of McDonald's Success
Here is one more bonus section for you about the original king of hamburgers, McDonald's. Given McDonald's massive worldwide success, they have obviously figured out how to create wealth and keep it. Therefore, McDonald's is a great role model for business strategies. I have found that the secret to McDonald's success comes down to three things: 1) a proven system, 2) multiple streams of income, and 3) do not do all the work yourself.
A Proven System: McDonald's has a system for everything, and I mean everything. If you wish to cook a hamburger, you have to go to the grocery store, purchase ground beef, form it into patties, and then put it on the grill. The whole process would cost you a couple of bucks to do. Well, if you can cook a tasty hamburger for a couple of dollars, how come people invest millions of dollars in McDonald's franchises rather than starting their own hamburger chains?
It is because they are not investing in cooking hamburgers or making Happy Meals. They are investing in the wealth creating a system that McDonald's created that will ultimately make them a lot of money. McDonald's already figured out how to run a fast-food hamburger chain, and they do it well, so why make your own burger?
As a bachelor, I do not cook much. In fact, I eat out all of the time because I'm not much of a chef or baker. You will not see me baking many chocolate chip cookies, but I know something for certain. If someone handed me a recipe for chocolate chip cookies and told me exactly what to do, I could do it. I could buy the five or six ingredients, preheat the oven to 375 degrees, and follow the rest of the instructions. I do not care if I ever baked chocolate chip cookies before. I know that if I follow the step-by-step recipe, the system that someone else has created, I could bake chocolate chip cookies.
That is why people invest in McDonalds. They have a system for creating wealth, not cooking hamburgers. Everything about McDonald's, from the exact temperate of oil for the fries to the extent of local advertising versus national advertising, all runs on a system. Take a lesson from McDonald's. Look to create systems in your life, especially when making and investing money. You have to create a systematic approach to everything you do.
About the Author:
James Malinchak, Showcased on ABC's Hit TV Program Secret Millionaire, is recognized as by many people experts as the World's #1 Big Money Speaker Coach and Trainer. For Free Video Trainings regarding how to get money to speak and how to turn into a motivational speaker, have a look at http://www.millionairespeakersecrets.com/.
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