207) Perceived Value Creation

207) Perceived Value Creation

It's Not How Hard You Work. It's How Much Perceived Value You Created For Others.

You will be rewarded or paid by the Value you created for others.
How much perceived value you provided to others? It is not only any value, but perceived value by others.

Something can be valuable to you, but if nobody see any value in it, then nobody wants it.
One good example is your health. If you value your health, you are willing to pay any amount to make yourself better. But, to other strangers, your health is not of their concern. They don't see any value from you getting better. Only your real friends and family will be concerned about your health.

Many people are being told to WORK HARD.
Some people are being told to WORK SMART.

In fact, you should do both. Work Hard & Work Smart.

However, even if you work hard & smart, it is NEVER on the amount of effort your put in.
It is very important that your work add value to other people's life.

If people are having a heart sickness, a heart surgeon is very valuable. The surgeon can operate on that person and extend that person's life. A surgeon will be paid very well for his effort

Comparing to a normal clinic doctor, he can treat patients with flu. However, curing the flu is not perceived as valuable as curing a heart sickness.
 
Let's use an example of a Financial Consultant.

Many consultants can help others to choose an investment fund.
Let's compare the knowledge to select a fund versus the knowledge to construct an investment portfolio for high net worth clients.

Definitely, knowledge on portfolio construction is perceived to have higher value. Not many consultants are able to construct a good investment portfolio. Even fewer consultants have the knowledge to construct a good investment portfolio for high net worth people. A Financial Consultant that has the knowledge and experience on investments for high net worth clients will be paid much higher.

Be good in whatever career you do. In fact, be VERY GOOD in whatever you do.
More importantly to be VERY GOOD in doing things that add value to others.

HIGHER VALUE, HIGHER REWARD.

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http://highlevelrules.blogspot.com/2017/07/get-rewarded-for-value-added.html