Tag: Money

The Law Of Compensation

Achieving Goals, Happiness, Leadership, Success

The second Law of Stratospheric Success for the book The Go-Giver is The Law of Compensation.

“Your income is determined by how many people you serve and how well you serve them.”

The Go-Giver

When you have a customer facing job you get paid a certain amount of money, as you help one customer at a time. The higher up the chain you go the more money you get paid. With this comes more responsibility for serving more people, as your decisions affect more people. However, it also matters how well you serve people.

Service is not doing the bidding of others, it is giving people what they need. Great service is this and improving other people’s lives. Service with a smile brightens someone’s day. Having a conversation while serving someone makes them feel seen and heard.

When not customer facing, making big decisions through compassion and a moral compass means that people’s lives are improved and not negatively impacted. A CEO can take care of their employees. In fact I would say that this is the CEO’s primary role. If a CEO takes care of their employees then the employees will take care of the customers and the customers will be loyal and in turn take care of the business.

Read It Yourself

Happiness, Success

In the 16th Century the Bible started to be translated into European languages from Latin. Previously, Catholic clergy were predominantly the ones who understood Latin and they told their loyal followers what the Bible said. They told their followers what the teachings of the Catholic Church were too.

Once the Bible was available to be read in the common people’s own language, people began to disagree with some of the teachings of the Church. The Reformation began, the understanding of God, Jesus and the Church was reformed into many different viewpoints.

Some say that this is for the better and some for the worse. It is not a debate I intend to start here, and this is not a comment on the teachings of the Catholic Church. My point is that, much like the teachings of the Church at the time, our culture has us believing a number of things that we take for granted; we receive signposts on how to live in a similar way, we are told them. We are told how to be happy, the value of money and what success looks like.

When you read into what actually makes you happy and successful it will likely not match the messages from our culture, because our culture is influenced by those who wish to sell us things. They have an interest in the stories we are told.

So, ask why when our culture tells us to do something. Ask what the purpose is of living how we are expected to live and you will be on the road to a more enlightened way of living, and you will be happier and more successful.