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October 25, 2006

Chasing money or happily underpaid?

Every Tuesday I receive Lee Fowlers' newsletter, filled with business ideas, tips and interesting thoughts (sometimes very deep thoughts).


This week one of the topics is called: Do more than required this week

"By being passionate about the work you do, you will deliver more in quality service than you expect to receive in payment as compensation. This, in effect, is a way to keep money or value chasing you, rather than you chasing it. By always doing more than expected, you'll always be underpaid - which is how it should be.

For if you're paid more than you're worth, you eventually will be restructured, reengineered, replaced, fired, outplaced, declared obsolete and disposed of. Overpaid individuals are overdrawn on their knowledge and skills bank account. Individuals who are underpaid for the level and quality of service they provide are always in demand and always ahead of the pay scale in terms of knowledge and contribution. So money and opportunity are always chasing them.

Let money chase you, but never let it catch you, or you'll become a slave to money, instead of money working for you."
(Dr Denis Waitley)

Just thought I would share this with you all.
I really like this idea of 'overpaid individuals being overdrawn on their knowledge and skills bank' and agree that in the end, these kind of people will be re-evaluated as 'lacking'.

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Listed below are links to weblogs that reference Chasing money or happily underpaid?:

» Happily Underpaid? from Huey's World
At first glance I, too, had to do a double-take(title)...In a recent article, Chasing Money or Happily Underpaid? by blogger The Kiss Business, Karin talks about the topic of being passionate about your work..It's becoming a common theme here at [Read More]

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