How Much Are You Worth?

SO, What the Hell is Self Worth?

If you were asked to put a value on your service, how much would it be? Many people when asked this question, often scratched their head and unable to set any value at all. “How to put a value on yourself?” they often asked.

The truth, you do know how much you are worth. Let me give you an example, we have to deal with situation where you are clear about what you are, what kind of business you are doing.

My question to you is

“Is it $1/hr?”

So far, I have not come across any one who answered yes to the above question. So if you know you are definitely more than a certain amount, then clearly you do know what you are truly worth. We just need to keep asking.

“Is it $100/hr?”

“Is it $200/hr?”

Etc etc…

Eventually you will come to a figure which you will find is just right.

…….

How much am I worth?

I had already stopped work as a Realtor to focus full time on internet marketing. However one of my client’s properties is due for renewal, and out of familiarity of the property, the landlord asked me to handle the renewal process. I already had my hand full with internet marketing and blogging and I wouldn’t have done it if I am not going to be paid.

The whole process took about 2 weeks, often 1-2 hours per day. In property, if you handle both the Landlord and Tenant, you would usually get a commission from both.

This afternoon, I brought the documents to the tenant place. We had spoke about giving me a commission before but we never talked about the price. I had assumed from previous year that he would be giving at least a few hundred dollars.

Frankly, I have to claim responsibility for not agreeing on a price before hand. He passed me a red packet, it was large, but upon opening it, I was more shocked than anything.
$26.

That was all I got from the tenant for the 2 weeks of effort I put in. I spoke to him amicably later, and told him if he do not feel good about giving me any money, I rather he take the money back. He insisted that I take it, but would not give more as he felt that renewal of lease would not require payment of commission again. So in a sense, any amount he is giving is actually a bonus to me. I thought perhaps he might be unaware of industry standards, hence I explained to him that the market rate has always been half a month of rental for new or renew lease.

Despite my efforts, he did not believe what I said. I thought for a while over whether I should just take the money and go and never see him again. It seems justified that I should receive any money, any amount, since I had put in that amount of effort. But one thought came to my mind.

“If you take the $, you have decided for yourself that you are only worth $26! And that’s before dividing by the number of hours you put in!!”

I am only worth $26?

Without knowing how much you are worth, it is easy to accept whatever your clients offer.

When I started internet marketing, I have decided for myself that I will earn $2000 for every hour of work I put in. That is my benchmark. Although I am nowhere near the figure yet, I know I will get there.

$2000 compared to $26. The answer was obvious. If I had accepted the $, I would have placed a value on myself.

If I do not accept the $, I could tell myself that I have put in the hours of effort to realize that this tenant is not worth servicing, that is a valuable lesson to me. And more importantly, I still know how much I am worth.

I decided to return the money to tenant. And when I did that, my self worth became even more prominent. I am ever more committed to achieving my self worth in internet marketing.

Do not ever let anyone value you. Even if you find someone valuing you at a price that is significantly higher than what you felt, you should stick to the value you felt you are worth. If you have not reconciled with yourself how much you are worth before accepting the higher value, you would felt that you owe the client something. That would come back to haunt you in the future. When service is rendered, payment must be due. No. The right payment must be due. Not more not less.

Related Posts

• Pursuit Of Happiness Or Money?
• Lance Armstrong Says “It’s Not About The Bike!”
• How To Get From Good To Great?
• Tiger Woods on Preparation Before The Game
• Anothony Robbins Say “Direct Your Focus Or Be Directed”

If you like this article, kindly leave a comment or rate my post. I would also appreciate any honest feedback as i constantly seek to improve the quality of my articles. Thank you for reading!

Digg It!

Stumble It!

Buzz It!

Bookmark It!