This article was originally published on SuccessNet.org in 2007.
I’m writing this message while attending Rick Raddatz’s Business Makeover Mastermind. We’re spending two days with ten other business owners telling us what their business is, how it works and what they’d like it to be. We then brainstorm ways to take their business to the next level.
Rick’s brilliant—smart, quick, experienced and very perceptive. I’ve learned a lot, shared a lot and gained tons of ideas and gotten great clarity on how to simplify, grow and add value to those we serve.
Yesterday, while we were brainstorming with one of the participants, we asked how much they wanted to earn per year. They were unsure, so we asked again: $100,000? $500,000? A million?
They were still thinking about their answer when Rick said, “It takes the same amount of work to earn $100,000 as a $1,000,000.” That really made me stop and think. Is that really true? With only a little reflection I decided that it was.
I realized I’d worked harder to make $50,000 a year than I worked to make a hundred thousand a year. And I’m not working any harder today when I’m making a lot more.
So what changed?
Well, I know more now. I have more experience. I’m better leveraged. I’ve built upon my strengths and I’ve gained confidence. But mostly I’m thinking bigger and seeing more opportunity.
So I believe that Rick’s viewpoint is accurate.
It doesn’t take more work to earn a million dollars a year than it dos $100K per year.
It does require a good attitude and you have to believe that this premise is true.
With that, consistent effort and dedication, you can do it, too.
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