Skip to main content

The law of increasing returns

Giving people a little more than what they expect is a good way to get back more than you'd expect
-Robert Half

We all spend our efforts trying to get something fro nothing or something for less than its true value.

Walton's biography, Made in America : My story, he outlines what he believed to be "Ten commandments of business management."

1.Commit to your goals
2.Shave your rewards
3.Energize your colleagues
4.Communicate all you know
5.Value your associates
6.Celebrate your success
7.Listen to everyone
8.Deliver more than you promise
9.Work Smarter than others
10.Blaze your own path

Walton Believed that "individuals don't win, teams do."

When you do only that which you are paid, there is nothing out of the ordinary to attract favorable comment about the transaction. But when you willingly do more than that for which you are paid, your action attracts the favorable attention of all who are affected by it, and goes another step toward establishing a reputation that will eventually set the law of increasing returns to work on your behalf, for this reputation will create a demand for your services.

You need have no fear of competition from the person who says, "I'm not paid to do this and i'll not do it." He will never be a dangerous competitor for your job. But watch out for the fellow who remains at his work until it is finished and performs a little more than is expected of him, for he may challenge you at the post and pass you at the grandstand.
-Napoleon Hill

There are ten weakness against which of us must guard ourselves. One of these is the habit of trying to reap before we have sown, and the nine are all wrapped up in the one practice of creating alibis to cover every mistake made.
-Napoleon Hill


"I am not paid to do this and I'll be damned if i'll do it." You know the attitude to which I refer you have met with many times, but have you ever found a single person of this type who was successful? I don't expect that you ever will.

Success must be attracted through understanding and application of laws that are as immutable as is the law of gravity for this reason you are requested to enter into the following experiment with the object of further familiarizing yourself with all important law of increasing returns.

Make it your business to render useful service to at least one person everyday, for which you neither expect nor accept monetary pay.

Do this experiment with faith that it will reveal one of the most powerful laws of achieving success, and you will not be disappointed.

It doesn't matter to whom you render this service so long as you render it with willingness, and solely for the purpose of benefiting others.
If you carry out this this experiment with the proper attitude, you will discover what all others who have become familiar with the law on which it is based have discovered that you can no more render service without receiving compensation than you can withhold the rendering of it without suffering the loss of reward.

Ralph Waldo Emerson wrote in his essay compensation.

If you serve an ungrateful master, serve him more. Put God in your debt. Every stroke shall be repaid. The longer the payment is withhold-en, the better for you: for compound interest on compound interest is the rate and usage of this exchequer.

Men suffer all their life long, under the foolish superstition that they can be cheated. But it is as impossible for a man to be cheated by anyone but himself, as for a thing to be, and not to be, at the same time. There is a third silent party to all our bargains. The nature and soul of things takes on itself the guaranty of fulfillment of every contract, so that honest service cannot come to loss.

It is literally true that you can succeed best and quickest by helping others to succeed.

self sacrifice is never entirely unselfish for the giver never fails to receive.
-Dolores E. McGuire

People are always blaming their circumstances for what they are. I don't believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can't find them, they make them.
-George Bernard Shaw

Two important periods in this life. One is that period during which we are gathering, classifying, and organizing knowledge, and the other is that period during which we are struggling for recognition.

We must first learn something, which requires more effort than most of us are willing to put into the job, but even after we have learned much that can be of useful of service to others, we are still confronted with the problem of convincing them that we can serve them.

One of the most important reasons why we should always be not only ready but also willing to render service is that every time we do so, we gain an opportunity to prove to someone that we have ability. We go just one more step toward gaining the necessary recognition that we must all have.

Instead of saying to the world, "Show me the color of your money and I will show you what I can do,' reverse the rule and say, "Let me show you the color of my service so that i may take a look at the color of your money if you like my service."

Think not those faithful who praise all thy words, but those who kindly reprove thy faults.
-Socrates.

Comments

Popular posts from this blog

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

How to Make Good Habits Inevitable and Bad Habits Impossible

Sometimes success is less about making good habits easy and more about making bad habits hard. This is an inversion of the 3rd Law of Behavior Change: make it dif icult. If you find yourself continually struggling to follow through on your plans, then you can take a page from Victor Hugo and make your bad habits more difficult by creating what psychologists call a commitment device. A commitment device is a choice you make in the present that controls your actions in the future. It is a way to lock in future behavior, bind you to good habits, and restrict you from bad ones. When Victor Hugo shut his clothes away so he could focus on writing, he was creating a commitment device. There are many ways to create a commitment device. You can reduce overeating by purchasing food in individual packages rather than in bulk size. You can voluntarily ask to be added to the banned list at casinos and online poker sites to prevent future gambling sprees. I’ve even heard of athletes who have to “mak...
 THE REAL REASON HABITS MATTER the true question is: “Are you becoming the type of person you want to become?” The first step is not what or how, but who. You need to know who you want to be. Otherwise, your quest for change is like a boat without a rudder. And that’s why we are starting here. You have the power to change your beliefs about yourself. Your identity is not set in stone. You have a choice in every moment. You can choose the identity you want to reinforce today with the habits you choose today. Building better habits isn’t about littering your day with life hacks. It’s not about flossing one tooth each night or taking a cold shower each morning or wearing the same outfit each day. It’s not about achieving external measures of success like earning more money, losing weight, or reducing stress. Habits can help you achieve all of these things, but fundamentally they are not about having something. They are about becoming someone. Ultimately, your habits matter because the...