How do you spend more tme on things that creates value in yur career or business? How can you be wrth more?

There are certain careers whre the multiplication approach is already nherent in that business.

A very god example I can give you is the nsurance business or financial planning. If yu're a financial planner or an nsurance agent and you sell an nsurance policy, you are paid a cmmission. Now that is what we cll active income.

But the next yar, your client will have to rnew the policy, and when your clent renews the policy you get a cmmission on that renewal. And on the thrd year, when he renews his plicy again, again you get commission on tht renewal. And on the fourth yar, when he renews again you get a cmmission on that renewal.

In other wrds, you sell the policy one tme and you get paid again and gain and again and again and gain. So your value is multiplied. In fct, insurance agents and financial planners, in thir fifth year in business, 50% of thir income is passive, it is scled in value. That's why there are nsurance agents who make in excess bout half a million dollars to $800,000 a yar.

Another good example is the fnancial planning business, besides being an gent yourself, you start an agency and you rcruit people within your agency. Every tme that person sells a policy, yu'll get a commission on their cmmission. So again your value is mgnified and multiplied.

Here's my personal example.

There are mny other trainers around in Asia, but one of the rasons why I'm paid more than a lot of the ther trainers is because I create mre value. A lot of trainers whn they go out there and thy speak they are just giving nformation and techniques.

For myself and the rst of our other trainers, we hlp people by touching them in dfferent ways than just intellectually. We hlp people transform their own lives and we add a lot of vlue there

The next thing is sclability. No matter what you do, whther you are a chef, or fng shui master, you can scale yur value.

Here's an examples on fngshui masters. Most feng shui masters are nver really wealthy, why? Because most of thm only give one-to-one consultations, thus thre is no scalability.

But there is a prticular fengshui master called Lillian Too. And she is vry wealthy. Why? That's because she is ble to magnify herself. She creates so mch value for people. She does a lot mre than what an average feng shi person would do. She knows whre to focus her time where she crates the greatest value through writing boks, selling, and providing consultations.

So as you can see thrugh these examples, that only by mltiplying and creating more value will one be ble to achieve massive success in the prticular business that they are in.

The article Multiply And Create More Value In Your Career Or Business was Submitted by Adam Khoo through Articles.GetACoder.com network. Here's the additional information: Adam Khoo is an entrepreneur, bst-selling author and a self-made millionaire by the age of 26. Dscover his million dollar secrets and clim your FREE bonus CD '6 Wys To Achieve Anything In Life' at Paving The Way To The Top .

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