I see so much these days claiming the value you provide determines how much you earn. Facebook is a great repository of this ‘wisdom’.
It’s total BS.
Mother Theresa. Nelson Mandela. Ghandi. Massive value, low remuneration.
Remuneration = ((Value provided/Desirability) x Difficulty) x Strategy
If you want to earn more, yes you need to provide massive vale, but the more undesirable the work is and the harder it is will also determine what you earn, and finally you need to be strategic about it.
Consider Richie Macaw.
He provided New Zealand massive value. Tick.
His job was very desirable. Cross.
His job was very difficult. Tick.
He played rugby. Tick in the New Zealand context, cross in the world context.
Compare him to Steven Adams who chose basketball and will be earning twenty time what Richie earned.
Remember, it’s not just about value, that’s a fool’s way of looking at remuneration.
Or do you want to be right?
Recently I was in a meeting with my management team.
One isn’t better than the other.
We all have different personas; the child, the warrior, the sage etc.
Is a feeling.
Entrepreneurs and doctors are similar in many ways.
Recently, I had an experience that led to a decision that on the outside might have seemed rapid and reckless.
Recently I met someone who inspired me to my very core; where they’ve come from, what they believe in, what they are doing, who they are, the integrity and courage they live with, the way they are living, the choices they are making, the trust they choose to live with…
They say the man who is going to live to 150 has already been born.