How to Create All of the Wealth and Success You Want In Your Life – Tip #6

Tip #6 – Excellence…

To create all of the wealth and success you want in your life, it would behoove you to aim at being the best in your field. Brian Tracy says all of the rewards go to the top ten percent. Further, he says if you took all of your time, energy, and money, and put it into becoming the best in your field, it would pay you back over one thousand fold over your lifetime.

Mediocre people are easily replaced, so their value is extremely limited; when you get paid by the hour, there is an automatic ceiling placed on your income. However, if you are the best in your field, you can switch from getting paid by the hour to getting paid for the value you add, and now the only limits are the ones you place on yourself. Jim Rohn says “Learn to work harder on yourself than you do on your job (personal achievement). This is where you can go from making a living to making a fortune.”

“The quality of a person’s life is directly proportionate to their commitment to excellence.” -Vince Lombardi

Let’s look briefly at pricing… If you are selling a commodity item, something where ten other people are selling the same thing right along side you, the price you can charge is extremely limited. Nobody can make large margins, because you are competing based largely on one thing – price. That is mediocrity. However, if you have something exclusive, that nobody else has, you can demand whatever price you want as long as the perceived value is higher than the cost. That is being the best. You have the best product, or the best service, or whatever it is that makes you far superior to any competitor, and now when somebody wants what you have, the price of a competitor is no longer a factor.

As a final way to evaluate excellence, let’s look at its opposite – failure. Jim Rohn says, “Failure is not a single, cataclysmic event. You don’t fail overnight. Instead, failure is a few errors in judgment repeated every day.”

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” -Aristotle

So, there you have tip #6 – decide on Excellence for you or your company!!!

This is tip #6 of at least 10 in the series. I will try to publish most of them as e-zine articles, but if any are missing, they will all be available on my blog. Also on my blog are some motivational quotes that have become quite popular, as well as other articles, so earmark my blog as one of your favorites, make a habit of going there, share the link with others, and let’s see if we can create some magic in your life!