Back in the early 1900s people were paid based on one simple thing: production. In a world of factories and assembly lines, the more you produced, the more valuable you were.
That’s no longer the case.
In today’s world, you are paid based less on what you produce and more on what you know. The more you know, the more valuable you are.
Think about this in the world of consultants. A company brings in a consultant (and pays them insane money) not so they can put on a hard hat and find their spot on the assembly line. Companies bring in consultants based on what they know. The consultant knows something the company doesn’t, so there’s value in that knowledge.
But understand this…knowledge doesn’t just come from formal, institutionalized education at a college or university. Knowledge comes from reading books, learning from other people, and having an overall curiosity about the world around you.
I’ve heard it put this way: “You will be the same person in five years as you are today except for the people you meet and the books you read.”
Knowledge = Value.
What are you doing to increase your knowledge and therefore increase your value?
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