Friday, October 5, 2012

Law #2: The Law of Compensation

     I hope that all of you have gotten as much as we have out of the first law, The Law of Value.  And more importantly, I hope all of you who read it stayed commited to the one and only condition, which is that you must apply each law somehow in your own business' or your own personal lives. As we continue explaining the laws, we hope that you continue to apply them and watch how things turn around for the better. Now, lets talk about the second law.
The Law of Compensation
    
     The law of compensation is not what most of you are thinking about. It isn't about any monetary value that you reep in return for your work. It is something much greater than that. Something that a price simply cannot be placed on. The first law, The Law of Value, determins how valuable you are. In other words, your potential success, how much you could earn. But the second law, The Law of Compensation, is what determines how much you actually do earn! Like I mentioned before, do not look for any dollar figure or base it off of how many toys you have or how big your house is. If you live by the five laws, you will be paid so much more.
     The second law is defined simply as this, "your income is determined by how many people you serve and how well you serve them". To put it another way, your compensation is directly proportional to how many lives you touch. How many times have you made a comment about professional athletes, movie stars, or top CEO’s and how much money they make compared to the military, police officers, firefighters, teachers, nurses, and the many others who do noble work for little monetary pay? It always seemed so unfair, as if these great people should be paid more because they are more valuable than that, but it isn’t a question about their value. It is a question about their impact. There are two amazing things about this. First, it means that you get to determine YOUR level of compensation; it is always under YOUR control. If you want more success, then go and find more people to serve. It also means there are no limitations on what you can earn, because you can always find more people to serve. Martin Luther King Jr., once said, “Everybody can be great because anybody can serve”. Another way to say that might be, everybody can be successful because everybody can give. Do you see the trend here? It goes by what we have been told so many times before, “give back more than you take”! I can speak firsthand about the compensation of giving. In 2004 I found myself inside the city of Fallujah Iraq, in the middle of a war zone. On a daily basis I was surrounded by the children of Fallujah. These kids have lived a life that many of us cannot imagine. Walking on rocky, sandy streets with temperatures above 120 degrees, cracked feet, no water, no food, and numb to the violence which surrounded them. But when I pulled out a bottle of water, a piece of hard candy, or a package of crackers out of my pack and handed it to them, or when I asked to take a picture with them, the smile on that child paid me more than any amount of money could ever! This is the law of compensation.
     You can work your whole life for a paycheck, and you will get one. But you will always find yourself working harder for that bigger paycheck. Once you get it, you still will not be happy, you will continue to keep working for that bigger check, but never truly be happy. Only you can change this. Being broke and being rich are both decisions. You make those decisions up in your head, everything else just pays out.
     So remember, if you want to receive more, you have to give more. Do not ever focus on anything monetary, focus on the satisfaction of giving more than you take. And always remember that good things happen to good people.  

     As always, we hope that Law # 2, The Law of Compensation, opened your eyes to live a better life and helps your business. DO NOT forget about the condition. You must now go and pay it forward, appling the law of Compensation somehow in your everyday life and business.....READY.....SET....GO!!!!!!!!


2 comments:

  1. This is so right, and amazing. This is how my husband and I try to live our life everyday, and the reward far surpasses money. Sometimes we just need a little reminder when money gets tough. This is great. Thank you for these, cannot wait to read all the others.

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  2. Nichole, thank you for your comment. You are so right that the reward far surpasses the money. Just wait for the rest of the laws...Keep following!!!

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