Monday 5 May 2014

5 reasons why working for money will FAIL you


"Money is usually attracted, not pursued"
Jim Rohn

So many times we have seen parents told their children to study and earn a better pay for a living. Robert Kiyosaki has many times educating audiences that school taught us the wrong advice. And according to my observation, I can't agree more with this. People have always been seeing it the different way.

Many entrepreneurs have already discovered the way to live a better life. Nonetheless, there are still people who continue to work full time. Sadly, doing it by working hard to pursue money for they think that working hard for money equates to happiness.

I will show 5 reasons why working for money will FAIL you, instead of planting you a success.


*Image courtesy of FreeDigitalPhotos.net



1. MONEY WILL CONTROL YOU


Sad truth behind this is that people constantly think THEY are the source of income. If you have the same thought let's assume this. When you fall sick, you cannot earn money. When you are on holidays, you are not going to earn money. Perfect example are doctors, lawyers, therapist, consultants...If you run a one-man company, then its even harder to manage. Money takes control of you. Without you = no money.

2. YOU MAY SINK INTO STRESS AND DEPRESSION

Engineers, fund managers, investment bankers, and some of them work for long hours. 14 hours a day just to cover their asses in their job. If you are one of them, you may have received a 6-figure income pay check. But to what end? Unless you are doing it for the love and passion, else there is no point in life pulling into long hours of work, subsequently suffer depression and stress.

3. MONEY WON'T MAKE YOU HAPPY


Face it, money will never make you happy. You work harder for it, so that you can enjoy a better life. But if money is your goal, how do you even have time to enjoy that life? You work so hard to earn it, your time is wasted for all that. Happiness is grow from within, not earned from the outer layer. Work on something that makes you happy. When you do, you might not even care how much you are earning.


*Image courtesy of FreeDigitalPhotos.net

4. CAN YOU CLIMB A HIGHER CORPORATE LADDER?

Unless you have a have a crystal ball to predict future, else you have no certain way to see how far you can go in your career. Every step is a risk, as you grow older you are going to compete against many young graduates who has more time and energy than you. Pareto 80/20 rule. Only 20% of managers will control 80% of his/her subordinates. Now, if there are 100 employees in your company, you are going head to head with your co-workers and only 20 of them earns the throne. If you choose not to compete for that throne, you may risk your career line over younger staffs.



5. THERE IS ALWAYS A LIMIT TO HOW MUCH YOU EARN


Working for people you will be limited to the amount you may earn. Company always secure a budget. You will never get to earn more than you want unless you're not as ambitious. Being an entrepreneur however, is a different story. Sky is the limit. 

"Ridiculous yachts and private planes and big limousines won't make people enjoy life more, and it sends out terrible messages to the people who work for them. It would be so much better if that money was spent in Africa - and it's about getting a balance." 
Richard Branson


"Your time is limited, so don’t waste it living someone else’s life."
Steve Jobs



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