Maximise What You Have
Todd Polke
Investment Strategist l Helping Investors and Business Owners grow their Wealth Faster
Cash flow is king if you want to build wealth. It’s especially important if you’re building from the ground up.
You may already have access to multiple streams of income. But even if you don’t, you can still build up your cash flow. The key is to work with what you already have.
For most people, that means a job or business. And that’s okay. You can work with that.
Think about how you can go about increasing your income from that job or business. Maybe by as little as 10% – or as much as 50% or more. The secret to doing that is adding more value.
As you probably already know, people are willing to pay more for value.
So, if you have a job, that means you need a crystal-clear focus on what you’re actually paid to do. Once you get to that place, start to think about how you can add more value.
Think about the people who are responsible for giving you raises, promotions, and things like that. And then ask yourself, “What is important to these people?”
The idea is to add so much value that you become indispensable. Sure, you work hard now. But you can probably do more to get to that point.
You just need to figure out exactly what you need to do to go from everyday employee to indispensable superstar. Once you get there, you’re in a really strong negotiating position.
Increase your cash flow without having to think about external avenues. You just need to maximise what you already have.
— Todd Polke
CEO at The Expert Project
4 年So right Todd, I'll have to show this to my friend! We were just having a discussion about this.