
How to Improve Your Earning Ability
By Publisher
- Your knowledge is simply about knowing the right thing. Knowledge is the edge you have based on the relevance of what you know. Knowledge, is the edge when you know. The power of what you know is not always in its vastness but in its relevance. Knowing what is useful and important is where the power lies. For example, knowing the birth dates, wedding anniversaries, divorce details and scandals of all the celebrities in Hollywood, USA or Nigeria, in my opinion, is of no commercial importance to you except you’re a reporter or a blogger. Valuable knowledge is knowing something or having information that can help you meet a need or solve a problem for someone that would pay you well for it. Knowledge becomes important if it’s commercially viable. Seek and buy relevant information to enhance your earning power.
- Education is your ability to specialize and become an expert in a field or profession. Becoming extremely superior in your ability to solve problems compared to fellow practitioners in your chosen field of profession jerks up your earning ability. There are doctors and there are doctors, there are lawyers and there are lawyers. The best in these practices earn the most. People naturally want to pay more for the best. Don’t just be educated, be the best in your field. It enhances your earning ability.
- Your skills are simply the ability to translate what you know into vivid results through performance. A civil engineer who cannot build a bridge, is that an engineer? That’s the point. Your ability is not just in how much you know or how educated you are. When called to perform, can you do it and do it excellently? The proof of how really good you are is in what you do, not what you know or say. If you’re good, you need not spend too much on hype or excess packaging. Your skills will enhance your earning power.
- Your experience particularly in your ability to earn is acquired mostly from the number of mistakes you’ve made in time past. Your experience is being able to correctly judge and predict outcomes and the future based on events of your past. The frequency of your attempts, the number of your tasks and the many things you’ve handled in the past also build up your experience. Experience doesn’t come by age. It is possible for an employee of five years to be more experienced than an employee of 15 years depending on the number of tasks executed, attempts made, projects handled and failures or success recorded.
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