– So, this is the history of the word.
The original word, VALUE, this is what it means.It’s the price equal to the intrinsic worth of the thing.
Okay, and it’s the degree to which something is useful.
Now, when you go to work, and you go “I just work to make money,” you devalue yourself.
Now, that’s the intrinsic worth.When you devalue yourself, your intrinsic worth drops and decreases.
So, most people go to work, and they just go “I’m just working so I can make money.” Because of that, they depreciate or lower their own self-worth because they don’t see their own value.
Now, when that happens, you lower your self-worth, which also means that you cap your earning potential based on what you perceive you’re worth. And the more that you do that, the more you’ll beat yourself up internally, feel like shit, because you’ll feel like you’re not achieving your own potential, you’ll feel like you’re not doing great things with your life. And the more that you do that, the more frustrate you’ll get at yourself, the more you’ll have internal chaos, the more it will reduce your earning ability, and eventually you’ll take what you can get.
Not a good strategy. My recommendation and this is what I recommend for a lot of people who come and do my live events, especially our Thrivetime event, is the more you can find your own value in what you do best based on your values, your purpose, your mission, the order and the structure of your values, the greater your earning potential is.
Now, not everybody’s gonna be a Warren Buffett, that’s not what I’m here to say.
Only you know whether you’re living up to your own expectations, and only you know if you’re meeting your own goals, your own dreams. The more you fantasise about big houses, I’m gonna live in a castle, we’ll have a jet, all that sorta stuff, the more you’ll depreciate yourself also. And that’s why I’m not a huge fan anymore of personal development, because what I used to do was, I would go to these personal development events.
Originally, that was a great place to start, but originally I’d go to these events, jump around, high five people, fist pump the air, “Yeah, I’m gonna do all this cool stuff, “I’m gonna have a jet by the age of 30, “I’m gonna have a mansion, “I’m gonna make all this money, cash goin’ everywhere, “I’m gonna have $100 million business,” and I would have all these big dreams. Then I would get home and go, “Shit, I don’t even know what to do and where to start.” And as I started progressing, I would feel like I’m never getting there ’cause I wasn’t moving fast enough. And the more I felt like I wasn’t moving fast enough, the more I’d try to rush.
The more I tried to rush, the more I’d fuck up things. The more I’d fuck up things, the more I’d beat myself up, the more I’d get frustrated and take that frustration out on others, including my team. The more that that happened, the more stuck we’d get, and the more we’d get stuck financially. Not a good strategy. What you’ll find is if you get elated and excited, and you need to fist pump the air in order to set your goals and in order to think big, you’ll overset your goals, which means you’ll inflate your goals in the short-term.
So, you’ll think that in a year you can go from making $40,00 and all you’ve earned is $40,000 for the last 10 years per year on average, and then someone will say that you could be a millionaire in a year, because they did that.
And so, what will happen is you’ll overset the goals for yourself. Now, I’m not saying lower your expectations, what I’m saying is that you need to set goals effectively based on your mission, your purpose, and your values, because not everyone has a high value on wealth creation.
I’ll give an example. Warren Buffett’s one of the richest people on the planet. I think it was at the age of eight, I can’t remember the exact age, but I think it was the age of eight, he asked for a money counter because he loved money and he loved numbers. And he used to bet his friends about, he’d drop marbles in a bathtub and they’d bet to see which one would go down the hole first. So, he was always interested in money and the way that money worked. And he was already a multimillionaire by his early 20s, okay. For him, money is his highest value.
Now, a lot of people reference and quote Warren Buffett and go, “He’s the richest person on the planet, “if we do what he does, then we have a high likelihood “of being just as rich as he is.”
Now, for %99.9999 of people on the planet, that will be incorrect because it’s not their highest value. For me, wealth isn’t my highest value. It’s in my top 10, but it’s not my highest value. I think it’s number five with business. So business and wealth creation, number five on my values list.
If I had a choice of working hard and doing a sale just to make money or to go and study and learn, to be around other people who are also very switched on, if I had a choice to be able to teach or to exercise, I would, in most cases, give up money to go and do those other things. And what you’ll notice is, your self-sabotaging, destructive behaviours are directly correlated to your values and their values order. If I start working too hard in the business and give up exercising, which is my second and third highest value, which is exercise, and health, and vitality, if I give up those things and start working too hard in the business, eventually, I get to a point where I go, “You know what, fuck the business, I’m stressed out, “I’m burnt out, I’m frustrated,” and I start binge eating food to force me to start to reprioritize my health again.
So, your sabotage patterns are directly correlated to your values and their values order. I’m not gonna go too deep into that, but the point that I’m trying to make is that your values dictate where your value is in society.