Episode #61 Value Your Resources Mentors and Friends

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Title:    Value Your Resources Mentors and Friends – Episode #61

Date:   June 22, 2015

How much is someone’s time worth?

Here’s a math formula:

Divide your annual income by 2000.   Multiply that figure by 1.3 to account for insurance and benefits.   That number will give you your hourly rate for a standard 40-hr workweek.

*If you’re a consultant or someone who works per project and not an hourly rate you need to double your final hourly rate to account for the lack of a steady, predictable income.*

So, how much is a successful internet marketer’s or business person’s time worth?

It could be worth thousands per hour.

If their time is so valuable, why do people find it so easy to ask them to give that time up for free? To get on a webinar, do an endorsement video or audio, etc. ?

When you ask someone to do you a favor,  make sure it’s actually in their best interest to help you.    There are a lot of people out there that have a lot to offer but you need to put their needs above your own.

Do not ask people to do you a favor if you don’t know them and what they’re about.

Do not ask people for a favor if you are being too lazy to do the research on your own, to find the solution to your own problem.

Asking a friend, a mentor, etc. for an answer that could be easily found is very disrespectful.  It shows that you don’t value them because you don’t value their time.

When people get focused on building and/or promoting a new product, they tend to try and find a big-name person to promote their product or offer.

“Luck is when opportunity meets preparation”.

If you go to a conference and meet a successful marketer and make a connection AND they are willing to promote you, don’t you want to have multiple products and/or services you can tell them about?

Realize that by producing a great product/service with a great sales funnel, that those people are likely to promote your product or service anyway.

 

The Law Of Reciprocity

What social psychologists call the phenomenon where you feel compelled to do something for people that have helped you along the way, even if you didn’t ask them to help you.

When someone does something nice for you, you have a deep rooted psychological urge to do something nice in return. You might even reciprocate with a gesture that is far more generous than the original good deed you received.

 

 If you want someone to help you, serve them first and expect nothing in return.

Zig Ziegler

“You can have everything in life you want if you’ll just help enough people get what they want.“

Napoleon Hill

“It is literally true that you can succeed best and quickest by helping others succeed.”

Anne Frank

“No one has ever become poor by giving.”

Mohammed Ali

“Service to others is the rent you pay for the room you have here on Earth.”

Winston Churchill

“We make a living by what we get, we make a life by what we give.”

Henry Ford

“To do more for the world than the world does for you –THAT is success.

 

 

If you have a question for Anthony, head over to www.anthonyflatt.com and leave him a voice mail message to have a chance to have your question featured on this show.

All the Episodes are available on our website:

www.businessatthespeedofsell.com

Also available on iTunes:

https://itunes.apple.com/al/podcast/business-at-the-speed-of-sell/id990650976

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