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Increase Your Earnings 1000%!

Topic: InvestingPublished April 23, 2009

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Here’s an exercise for you; imagine that it’s possible for you to earn ten times your current annual wage.nnIf you’re earning $25,000, imagine for a moment that it’s possible for you to earn $250,000, a 1000% increase.nnBelieve In YourselfnThe first reaction of most people to that exercise is to smile briefly and then to begin thinking about why it isn’t possible. One man said to me, "If you knew how many years it’s taken for me to get to what I’m earning today you wouldn’t be suggesting that I could earn ten times as much."nnThere Are No ExcusesnMark Twain once wrote that there are a thousand excuses for every failure but never a good reason. The tragedy of the average American is that whereas his or her main preoccupation seems to be money, or the lack thereof, the average person has the inherent potential to earn far more than he or she is doing currently.nnCan Someone Be 10x Better?nIs the manager earning $250,000 per year ten times as smart as the manager earning $25,000? 10 times as experienced? Does he or she work 10 times harder? Of course not. None of these are physically or mentally possible, but there are people in every business earning many times more than others with the same average age, experience and intelligence.nnI.Q. Doesn’t Really MatternIn fact, a few years ago in New York, a thousand men and women were selected at random and tested for I.Q. Between the one having the highest I.Q. in this sample and the one with the lowest, there was a difference of only 2 1/2 times. But between the person earning the most, who by the way, was not the one with the highest I.Q. and the one earning the least, who was not the one with the lowest I.Q., there was a difference of 100X in income.nnAction ExercisesnHere are two things you can do to start increasing your earnings:nnFirst, identify the highest earning, most successful people in your field and find out what it is that they are doing differently from others who aren’t doing as well. Copy them every day.nnSecond, set a goal to double your earnings over the next two or three years and then figure out what you’ll have to do to achieve it. Get started!

Article author

About the Author

nnnBrian Tracy is Chairman and CEO of Brian Tracy International, a company specializing in the training and development of individuals and organizations. Brian's goal is to help you achieve your personal and business goals faster and easier than you ever imagined. Brian Tracy has consulted for more than 1,000 companies and addressed more than 4,000,000 people in 4,000 talks and seminars throughout the US, Canada and 40 other countries worldwide. As a Keynote speaker and seminar leader, he addresses more than 250,000 people each year. He has studied, researched, written and spoken for 30 years in the fields of economics, history, business, philosophy and psychology. He is the top selling author of over 45 books that have been translated into dozens of languages. You can learn more about Brian by reading his blog or visiting his website. nnnnnnnn

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