“We are drowning in information but starved for “KNOW”ledge.” John Naisbitt – Author of Megatrends series.
I couldn’t agree more with John Naisbitt given the ever increasing speed and volume at which we are being inundated with information via all our devices.
Ask yourself however…Do I “Know” how to Convert even the smallest amount of information I am exposed to on a daily basis into “Value,” be it Financial, Personal, or Hidden?
If you do “Know” how to convert information to value and you are having results… Great! I am sure you are always increasing your “Know.”
If you don’t “Know” how to convert, and you want to, let’s look at 3 Vital Facts you should ”Know” in order to successfully pursue any worthwhile goal,,, the value of your Time, your Talent and your Treasure.
“Know” the Value of Your Time. When you are investing your “Time” in any endeavor because you don’t have money to invest, we call that Sweat Equity.
Let’s say you are devoting 1 hour of your time per day for 90 days. 90 presentations or calls. You sell, 1 out of 3 or 30 Sales. Doesn’t sound great but remember, Baseball Pros get paid millions to hit 300, or 1 out of 3, so you are a PRO!
You are selling a product or service that has a residual return of $10 per account, per month.
So, you have 30 accounts, 30X10= $300 per month or $3,600 per year…Residual…after 90 hours of Sweat Equity.
Residual Income is the same as “Interest” in any financial account right?
Let’s do the math. You would need $90,000 in any financial account @ 4% interest, to earn $3,600 per year in “Residual” or “Interest” income.
You have just Converted Information, what you are selling, to Financial Value, what you are earning, equivalent to $90,000 in savings in 90 hours. Your TIME is Worth $1,000 PER HOUR!
How does that make you feel when you are just getting started wondering if your time is going to pay off? “Know” the Financial Value of Your “Time.”
“Know” the Value of Your “Talent.”
One of my favorite authors is John Mason. His book, You Were Born An Original, Don’t Die A Copy, encourages his readers to “Know” our uniqueness in the world, including our unique “Talent” or “Talents” and develop them.
The world is waiting for you and I, both “Originals” and both “Uniquely Talented” to launch out and spend ourselves doing what we love and are uniquely talented to do for all to see and benefit from, but first, we must “Know” what our unique talent is.
“Know”ing is more important than having the talent! When you “Know” you will Convert your talent into Personal Value by finding your unique place in the world! “Know” the Personal Value of your Talent.
“Know” the Value of Your “Treasure.”
What is my treasure? Is it my portfolio, my peace, my satisfaction in life? What is its Value?
Only you can “Know,” but “Know” you must. Only then can you seek what you are looking for.
This is intensely personal and comes from within during times of introspection. You must dig to find it or at the very least seek it and while finding or in search of it, assign a Value to it.
Numerous authors have written on how to find your “Treasure” and its value.
“Your diamonds are not in far distant mountains or in yonder seas; they are in your own backyard, if you but dig for them.” Russel H. Conwell Acres of Diamonds
“I will give you hidden treasures, riches stored in secret places, so that you may know that I am the LORD, the God of Israel, who summons you by name.” Isaiah 45:3
“Yet it isn’t the gold that I am wanting, So much as the finding the gold.” Robert W. Service
And finally, “Not all treasure is silver and gold, mate.: Johnny Depp
“Know” the Value of Your “Treasure.”
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