Make More Money This Year By Creating Value

How To Get Rich Guides Are Shady And Expensive

Nearly every guide out there about making more money makes me feel like I’ll come off like a sleazy salesmen if I follow the advice presented, or I’ll have to rip people off in the process. There is a common saying that you shouldn’t care what other people think, but I believe this to be a little too black and white. You shouldn’t care what people think about the material possessions that you own or what you enjoy to do, but it makes sense to care about what people think about your character. If people see you as someone who is dishonest or untrustworthy, then that will directly affect all of your interactions with them. You will be unable to connect on a deeper level because they will never trust you. To extend further, if somebody doesn’t trust you they may also share their distrust with people they know.

The other common issue I’ve found with guides on how to make more money is that they tend to ask you to spend a lot of your hard earned money to learn their secrets. Promises of grandeur and fast riches plague the personal finance industry and it is part of the reason I wanted to start this blog. You can get rich faster than your current plan, and you can get rich faster than what is normal. However, you can NOT plan on getting rich overnight, in a week, or even in a month. Getting Rich Young is about getting rich faster than the typical 9 to 5 until 65 mentality. This path is not a get rich quick or get rich easy guide. It is a get rich with time 10 to 20 to 30 years faster than the conventional path laid out for us.

Make More Money By Creating Value

So, what is the solution then? If everything out there is telling me to sell my soul for a dollar, or that I need to have money to make money, then how is the Getting Rich Young path any different? The answer is, that you make more money in the most pure and honest way by simply creating more value. Making more money should be second to helping people, and giving them what they want.

Students tend to go to school for the things that they want to do. Employees tend to look for jobs in industries doing things they enjoy. Entrepreneurs tend to create products that they want. What is the problem with this model? After all, you may have heard one of these lines from your parents.

Follow your dreams, the money will come later.”

You will never work a day in your life if you love what you do.”

Let your passions guide you.”

These are all very heartfelt and coming from a place of love. However, there are two problems with just following your dreams. First of all, a lot of people have very similar dreams! If everybody in the world chased their dream of becoming a professional athlete, what happens? A very small percentage of people actually do what they love because we only need so many professional athletes, and the rest of the people fight over the less desirable jobs that require similar skillsets. This pushes those wages down in those sectors. Why? Because there is already an abundance of workers in those fields, so by becoming another person in that field isn’t providing as much value to the world as you could somewhere else.

“Strive not to be a success, but rather to be of value.” -Albert Einstein

The second problem with following these words of advice is that it is extremely selfish. For example, when was the last time you went to a restaurant that was dirty, had a bad reputation, and you were allergic to the food just because the owner had a sign on the door that said, “I want to own a restaurant.” I’m guessing you haven’t because you could care less what the owner wants. You are the customer and you want what you want. That’s the lesson here. Nobody cares what you want. Instead of being selfish, find out what they want and give them that!

You may be thinking, “Great. So this doesn’t cost me anything, but I can’t follow my dreams and there is no actionable advice.” So let’s create some actionable advice for you, and show how you can get both.

The Formula

1. Find The Pain By Caring About People

Instead of caring about what you want, care about finding out what ails one type of person. Reach out to real estate agents, doctors, lawyers, athletes, or any other industry that you are interested in and ask them what their problems are. Truly understand what frustrations they have. Show them that you truly care about them and want to make their lives better.

Pat Flynn, at Smart Passive Income is an excellent example about caring for your customers. He gives away an incredible amount of his informative content for free. If you listen to his podcast (which I highly recommend) you will understand just how much he loves his audience.

2. Create a Plan to Alleviate Their Pain

Once you know what your target customer’s problems are, figure out how to solve those problems! If you followed step 1 completely, then you now have the same problem as the person you are caring for. Luckily you have also spoken with a bunch of other people in the same area, having the same or similar problems. So what have you learned from those people? After all, you are probably the foremost expert on this particular problem now. What do you need to fix your own problem? That is what you sketch out to build!

3. Verify That Your Plan Is What They Want

Before you go and create the solution that you have planned out, make sure that your target customer actually likes your plan. This does two things for you. First, it gets free insight into how you can tweak the product before going through the time and effort of creating it. Second, you are making sure that you have somebody who would be willing to pay for it before making it. There is no worse feeling than building something that you are sure solves a problem, but nobody actually wants it enough to pay for it. Don’t fail your customer by building something they don’t actually want and then trying to tell them why they need it.

4. Give Them What They Want

You cared about your customer enough to find out what problems they are having rather than doing the things that you want. You created a plan to help them and fix their problem without regards to your own selfish agendas. You made it a team effort by confirming that they actually believe that your idea is a good one and gained their trust. Now it is time to build the solution and solve your customer’s problem and give it to them. That’s all that there is to it!

Summary

That’s it. Seriously, it is that simple. No matter what your situation is, you can apply these principals. Let’s now find a way to reword those common sayings from the beginning.

Fulfill other people’s dreams, the money will come later.”

You will never work a day in your life if enough other people love what you do.”

Let finding solutions to other people’s struggles guide you.”

When you focus on other people instead of yourself and focus on progressing through these steps day in and day out, you will see drastic changes in your life. You will have more friends, more self worth for making an actual difference, and as a byproduct you will earn more money. If you make this consistent effort for a full year, and still do not see anything different from today, then email me and I will find a way to refund your time.

Frequent Excuses

“I work a full time job that I enjoy. This won’t work for me. It only applies to people who own or want to own their own business.”

Wrong. Let’s imagine an example of somebody who currently works a 9 to 5 that they actually enjoy going to. Who are the customers of your company? What about your fellow employees? Which departments might be neglected currently? Treat these groups as the people to care about in Step 1. If you make a habit of caring about other people, you will make yourself a key player in your company. This is exactly what I have worked on in my 9 to 5’s. It really works. No excuses.

“I work a full time job that I hate, but I am just too drained when I get home and don’t have the time.”

Wrong. How much time do you spend every night watching television? How much time do you spend on Social Media? How much time do you spend watching those hilariously funny cat videos? How much time do you spend sleeping on the train? There is always more time. The real thing you need to figure out is what your priorities are. Here’s a question for you to really think about. What will be more exhausting and draining; Not decompressing at home after work for the next 5 to 10 years, or having to go to the soul sucking job for the next 30 to 40 years? No excuses.

“I don’t have any good ideas” or “Everything worth inventing has been invented”

Wrong. You will never know until you go out and ask people. Stop thinking that you know everything or don’t know enough. In both of these instances, you will not know until you find somebody to care about. After really digging into what bothers them, you will have your ideas and you will realize that there are still opportunities out there to make a difference. No excuses.

Make A Commitment Today

Leave a comment on our Facebook page to make the commitment of finding a group of people to care about.

Leave a Reply