Sep 16, 2008

The Law of Compensation

By: Brian Tracy

You Get What You Give
Ralph Waldo Emerson, in his essay,
"Compensation," wrote that each person is
compensated in like manner for that which he or
she has contributed. The Law of Compensation is
another restatement of the Law of Sowing and
Reaping. It says that you will always be
compensated for your efforts and for your
contribution, whatever it is, however much or however little.

Increase Your Value
This Law of Compensation also says that you can
never be compensated in the long term for more
than you put in. The income you earn today is
your compensation for what you have done in the
past. If you want to increase your compensation,
you must increase the value of your contribution.

Fill Your Mind With Success
Your mental attitude, your feelings of happiness
and satisfaction, are also the result of the
things that you have put into your own mind. If
you fill your own mind with thoughts, visions and
ideas of success, happiness and optimism, you
will be compensated by those positive experiences in your daily activities.

Whether we like it or not, sales is part of our
daily lives. Whether you are trying to close new
business, negotiate an increase in pay, or simply
communicate better with your loved ones, you are
constantly utilizing some form of "sales
technique". So, with the start of the new year,
it is time to improve upon what is likely the
most important skill set that one can have – sales.

Do More Than You're Paid For
Another corollary of the Law of Sowing and
Reaping is what is sometimes called the, "Law of
Overcompensation." This law says that great
success comes from those who always make it a
habit to put in more than they take out. They do
more than they are paid for. They are always
looking for opportunities to exceed expectations.
And because they are always overcompensating,
they are always being over rewarded with the
esteem of their employers and customers and with
the financial rewards that go along with their personal success.

Provide the Causes, Enjoy The Effects
One of your main responsibilities in life is to
align yourself and your activities with Law of
Cause and Effect (and its corollaries), accepting
that it is an inexorable law that always works,
whether anyone is looking or not. Your job is to
institute the causes that are consistent with the
effects that you want to enjoy in your life. When
you do, you will realize and enjoy the rewards you desire.

Action Exercises
Here are two things you can do immediately to put these ideas into action.

First, remind yourself regularly that your
rewards will always be in direct proportion to
your service to others. How could you increase
the value of your services to your customers today?

Second, look for ways to go the extra mile, to
use the Law of Overcompensation in everything you
do. This is the great secret of success.

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