Getting PAID - is it GROWING like it should?


We all like to get paid

yet when ask what 'getting paid' MEANS

they become a little less certain (some would say little less cock sure).


If your IT Business is like a flower garden... Will it smell attractive?



The conversation starts clearly enough.
$60 dollars per hour one will say.. $70 dollars per hour or I don't get out of bed will say another.. or $40 dollars per hour might be an impossible dream for a third... As I say contractors are clear and rarely struggle at this point.. its when you move the conversation to the level below that where the going gets more like clay-sticking-to-the-boots... because the next level is not that easy to define.

for example

how much do you value being able to express your ideas and have them heard and implimented because they are good and not get dismissed, because you are just a contractor, because you are not part of their 'culture', because you are paid to just come in, do the hackwork and leave.

In other words how much more valuable do we feel when we are listened to,
trusted, taken seriously, accepted as an important part of the solution rather than just an infectious expense, to be cut away the sooner the better?

Don't get me wrong. Some contractors are quite happy with this arrangement and there is nothing wrong it.

Yet I have spoken to contractors who say they cannot imagine their life being valued at just $70 dollars an hour and proceed to stack an amazing list of items on top of that to show they clearly mean it when they say their life is worth way more than a dollar price tag that probably explains why they are getting way beyond $70.

So to what extent do you think knowing what to get paid is important?

In other words what must you have growing in your garden to feel you are getting paid?

WHAT CONFLICT has hidden itself here?



COST PROCRASTINATION - on getting PAID

Are you earning LESS than you are WORTH?

by how much?

$5 dollars? $10 dollars and hour? or MORE?

EXERCISE
Assume you are being paid $10 under your worth. How much does each hour you procrastinate on changing that cost you?

Is it just $10 dollars an hour? or is it more?
What I'd like you to do is assume its january 1st 2008 and you have been procrastinating for over 2 years now. What I ask you to do is plug that $10 into an investment calculator that back in januarry 2006 BEGAN COMPOUNDING your $10 dollar deposit at an interest rate of 5% a day every day for past 720 days. What would be in that account now? Is it fair to say that that is the cost of your procrastination?

No its not fair to say that. In fact it cost way more. That $10 dollars was really $80 dollars... because you worked 8 hours not just 1. So instead of $10 dollars plug in $80 dollars and run the calculation again. "Hmmm" I hear you say "Yes I see your point but still not much to get too excited about". That is true but is it fair to say that the cost of your procrastination was just $80 compounded since that day?

No its not fair to say that, In fact it cost you way more than that.
That was just for 1 day. The next day you would have missed out compounding an additional $80 dollars. The day after that another $80 dollars on top of that.

Notice how the cost of that one $10 procrastination cost you a lot more than just $10 dollars.

Now that was just one procrastination. Looking back over the past few days, few weeks, months how many little $1 dollar? $7 dollar? $5 dollar things have you 'put off'?


How much is procrastination really costing you on your 'getting paid' plan?

How much less are you earning than you are really worth?



COULD THIS just be MORE HIDDEN CONFLICT?