The best lesson Rohn believes there is on economics is that we get paid for bringing value to the marketplace. It takes time to do this, but we don’t get paid for time, only for value. He raises the question: is it possible to become twice or ten times as valuable to the marketplace and therefore get paid twice or ten times as much in the same amount of time? He concludes that it is, and that the focus must therefore be on increasing our value.

Value

Why would the marketplace only pay someone 5 dollars an hour? Because he’s not very valuable to the marketplace (regardless of his value elsewhere). It’s perfectly possible for anyone to climb up the earnings ladder by increasing their value to the marketplace, by working harder on themselves than they do on their jobs.

Overall Rating (1-5): 5

Entertainment Rating: 5

Excellent lesson by Jim Rohn on how to climb the earnings ladder by increasing your value to the marketplace.

Instructional Rating: 5

Useful instructions on how to take practical steps towards earning more money.

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