There is no way to get around the most fundamental truth about accumulating financial wealth, and it goes something like this;
“The only way to gain wealth is to earn wealth and the only way to earn wealth is to increase your personal monetary value”.
Now, everyone has an inherent personal value that maybe only mothers and fathers can appreciate, but, for the purposes of our discussion throughout CashCowUnlimited, your ’personal monetary value’ refers to your ’personal-cash-equivalent’.
In other words,
“Your Personal Monetary Value’ is ‘what someone is willing to pay you for your services.”
So, how do you Increase Your Personal Monetary Value?
The answer to this fundamental question is universal in America.
You see, regardless of your social background, or your achieved or underachieved level of education, or your current financial status in life, anyone, and I mean anyone, has the inner ability to increase their personal monetary value in the marketplace by simply investing time and exerting personal effort towards adding knowledge through reading, through observation, and through mentoring, with the specific purpose of working towards learning, perfecting and mastering their own personal skills and talents.
Though the concept of increasing your personal monetary value is easy for everyone to understand, the actual process of increasing your personal monetary value is what will separate the mediocre people from the best people, and then, the continuous pursuit of perfecting your skills and talents is what will separate the best from the best, and inevitably, will increase your personal monetary value in the marketplace.
Regardless of whether you are part of the rank-and-file, or are in a management or supervisory position, or are self-employed, your personal monetary value is determined and reflected in your weekly, monthly or yearly income.
If you wish to increase your income, you are going to have to increase your personal monetary value, and the only way to accomplish this, is to further increase your knowledge and continue to perfect and master your skills and/or your talents.
If this sounds overly simplistic, it is only because it truly is as simple as increasing your personal knowledge and perfecting and mastering your skills and talents.
As I said, the concept is easy to understand, but the process is what most people refuse to pursue for one reason or another.
Increasing your personal monetary value can begin as quickly and as immediately as right now.
Results will depend on how much time you choose to invest in your pursuit of knowledge and on how serious and disciplined you are in executing what you have learned into actual practice.
If you commit to increasing your knowledge everyday, through reading several books on your particular subject, observing and asking questions of experts in your chosen profession and attaching yourself to a mentor in your particular field, by this time next year, your personal monetary value will most definitely increase exponentially.