Provide value and people will compensate you for it from "summary" of The Personal MBA by Josh Kaufman
The most basic and fundamental principle of economics is that people tend to exchange value for value. When you provide something that others find valuable, they're willing to compensate you in some way for that value. This principle is the foundation of every successful business. If you can consistently provide value to others in a way that they find meaningful, you will have no trouble finding willing customers or clients. This concept applies not only to businesses, but to individuals as well. If you can find a way to provide value to your employer, you are likely to be compensated well for your efforts. The key is to focus on what others find valuable, rather than what you think is important. This requires a deep understanding of the needs and desires of the people you are trying to serve. Value can take many different forms. It might be a product that solves a problem or makes life easier in some ...
Similar Posts
Holmes encourages sales professionals to focus on building longterm relationships
Holmes emphasizes the importance of developing long-term relationships with customers rather than focusing solely on making a s...
Learn to manage your money wisely
If you want to become a master at making money, one of the most important skills you must acquire is the ability to manage your...
The turnkey revolution is about creating a business that runs itself
The turnkey revolution is about more than just creating a successful business. It’s about creating a business that can run with...
Salespeople should focus on building longterm relationships with clients
Salespeople who truly want to excel in their profession must understand the importance of building long-term relationships with...
Lead with empathy and compassion
Leading with empathy and compassion is a fundamental principle that guides successful leaders in building strong relationships ...
Your personality is your personal brand
Your personality is your personal brand. It is the unique combination of qualities and characteristics that define who you are ...
The Purpose Economy focuses on the evolving role of purpose in today's economy
The Purpose Economy is a concept that delves into the shifting dynamics of our current economic landscape, placing a significan...
Develop a strong customer acquisition strategy
To build a successful startup, it is crucial to establish a solid plan for acquiring customers. This involves more than just cr...
Stay adaptable to changing market conditions
As salespeople, we must always be prepared to adjust our strategies and approaches in response to the ever-changing market cond...
Take calculated risks to achieve greater rewards
Taking calculated risks is essential for any entrepreneur looking to achieve greater rewards in their business. This concept re...
