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The Formula of Success


Even though you can argue that saving someone's life is worth more than entertaining thousands of lives, the entertainer will most likely earn more money...



Thinking about a good example, I realize that a lot of things are very relative to the situation you're personally in. If you're very sick and need a doctor to save your life, you'll pay him a lot for it, right?


And if this doctor saves your life, he will receive a good amount of cash for it, right? Which is in a certain weird way "fair exchange" even though it is rather difficult to measure the real worth of a life.


So, let's use the formula for this example together with some statistics from athletes.

  • The Statistics: Where an average salary of a doctor is 214,523 dollars, the average salary of an NBA player was recorded as 5.15 million dollars in the year 2010- 2011. (Nowadays, it's a larger gap)

How does this work, while using the formula:


"Skill x Recognition x Leverage = Level of Success"


  • Part 1: Being an athlete takes years of dedication, to create SKILL. Being a doctor takes you takes years of dedication, to create SKILL.

  • Part 2: If you're very good at something and you know it, it's RECOGNIZED. If you've studied to be a doctor for a long time, it's RECOGNIZED.

  • Part 3: Athletes are reaching hundreds of thousands or millions of people at one single time by showing their skill, which is a very high LEVERAGE. Doctors are helping a few per week, equaling low LEVERAGE.

In the shared example, parts 1 and 2 are for both professions covered and optimized. Yet, the big pay difference is in part 3 for this example where the amount of leverage changes the whole level of success.


Is this fair? That's not up to us to really change. If you want to make a difference in life and on this globe, I believe that you need to do something you're passionate about and leverage it to get paid for it.


This formula explains capitalism and how the world we live in tends to work.


Even though you can argue that saving someone's life is worth more than entertaining thousands of lives, the entertainer will most likely earn more money...


Thinking about a good example, I realize that a lot of things are very relative to the situation you're personally in. If you're very sick and need a doctor to save your life, you'll pay him a lot for it, right?


And if this doctor saves your life, he will receive a good amount of cash for it, right? Which is in a certain weird way "fair exchange" even though it is rather difficult to measure the real worth of a life.


So, let's use the formula for this example together with some statistics from athletes.

  • The Statistics: Where an average salary of a doctor is 214,523 dollars, the average salary of an NBA player was recorded as 5.15 million dollars in the year 2010- 2011. (Nowadays, it's a larger gap)

How does this work, while using the formula:


"Skill x Recognition x Leverage = Level of Success"


  • Part 1: Being an athlete takes years of dedication, to create SKILL. Being a doctor takes you takes years of dedication, to create SKILL.

  • Part 2: If you're very good at something and you know it, it's RECOGNIZED. If you've studied to be a doctor for a long time, it's RECOGNIZED.

  • Part 3: Athletes are reaching hundreds of thousands or millions of people at one single time by showing their skill, which is a very high LEVERAGE. Doctors are helping a few per week, equaling low LEVERAGE.

In the shared example, parts 1 and 2 are for both professions covered and optimized. Yet, the big pay difference is in part 3 for this example where the amount of leverage changes the whole level of success.


Is this fair? That's not up to us to really change. If you want to make a difference in life and on this globe, I believe that you need to do something you're passionate about and leverage it to get paid for it.


When you make the amount of money you desire to make, it's on you to change the world and do good with it. I love to get paid for what I like doing and give back wherever I can because I totally believe that an inspired, motivated and financially free person can help more people long-term than one without these characteristics...


Speak to you soon!


Kind regards,


Max

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