Compensation for Hard Work is An Expensive Lie

most of the time in the workplace, especially in the workplace. We hear another type of wisdom. We hear another type of lie when they tell you that, "Hey, you've got to have more experience, more years of experience." Experience has measured in years. But I submit to you that having 10 years of experience is not necessarily more valuable. I'm Dr. Grace Lee and you're listening to the Career Revisionist podcast for executives, team leaders, people and managers, and ambitious professionals from all backgrounds. It's for those among us who can't stay stagnant and admire anyone who demonstrates exponential growth. We challenge ourselves to step out of our comfort zone and into higher levels of leadership. And we are determined to rise confidently in our industry so that we can make our greatest contribution using our knowledge and expertise. We have worked hard to become great at what we do, but only so we can achieve the goals that give our lives meaning and purpose. And while we persevere through a college education to get us here with our technical skills, we understand that to get to the next level where we desire to be, it requires a different kind of skills. And we're not comfortable with failure because we experience satisfaction when we are advancing. And while some of us work well under pressure, all of us perform the best when we are part of a winning team. And instead of just hoping to achieve what's important to us, we choose to become a more optimized version of ourselves to make it happen. We're not just A players. We are A+ players. And we are the source of consistent output that makes positive advancements in the world around us. Working hard for better compensation is the most expensive lie that you have been told in your life. And it comes from another lie that you've been told, the lie that time is money. In this video, what I'm going to share are the four biggest mistakes that you have made based on the biggest lie that you've been told that you may not be aware of and how you can shift your mindset and transform from the inside out so that you can receive fair compensation for what you provide in the marketplace. The first mistake that this lie causes you to make is that it causes you to waste a whole lot of your time just to save a little bit of money. So here's what I mean by that. Have you or anyone you know would drive a long distance just to save three cents on a gallon of gas? Have you or anyone you know would spend two hours or three hours or more in line just to save a few dollars purchasing an item? So these are just examples of spending a whole lot of time or wasting a whole lot of time just to save a little bit of amount of money. And instead of using that time that was wasted to create more value for somebody. So that's the first mistake. The second biggest mistake that this lie causes you to make is it causes you to value money way more than you value time. I mentioned at the start of this video that the first lie comes from a second lie which is time is money. Have you ever heard that before? Has that? Have you ever heard someone say time is money? So if you believe that time is money it's going to cause you to value money way more than you value time and it's as a result of that you're going to find yourself selling a lot of your time, a whole lot of your time for just a little bit of someone else's money. And if you also believe that money is more valuable than time it's going to prevent you from investing in yourself prevent you from putting the money in places where you can really shorten your your efforts and shorten your time to achieve the result that you want. It's going to cause you to invest your time in areas that are less productive than if you believe the opposite if you believe that time is way more valuable than money. Now this is a mistake because if you think about it if time is money and money therefore is way more valuable than time if you think about it if you have money you can always make it back. If you look at time once time is going you cannot make it back. So think about this a little bit more the mistake of believing that time is money the mistake of valuing your money way more than time. So that's the second biggest mistake. The third mistake that this lie causes you to make it causes you to be more frugal with money and it causes you to be more wasteful of time. Reflect upon that in your life the decisions you've been making whether you've been aware or not. We've been taught unconscious programming by other culture society from our family and friends that you got to save money. You got to protect your money. You got to keep your money as long as you can. So this mistake is it comes from time as money. So then as a result of that the frugality with money and the wastefulness of time is by necessity of that belief. So that's the third biggest mistake. Now the fourth mistake of all of this the summation of the first the second and the third one it causes us to have less money and less time. And here's the wisdom through it all. I'm telling you this and as you're listening to this it might seem very counterintuitive because all of this messaging that money is time that money you got to work hard for your money that if you were a card or let the result speak to themselves all of this is unconscious programming and you might have heard from heard that from many different sources but it's unconscious programming and our unconscious programming affects the way we make decisions it affects the way we show up it affects the way we perceive the world around us. So here's what I would share with you. What can you do instead? There's three steps to it. Buy back your time, rescue it from loss and improve opportunity. Let me say it again. Buy back your time. Rescue it from loss and improve your opportunity. This is real wisdom. Think about it. The depth of it. If you believe that time is money what that means is that time is equal to money. When it is not it is time is not equal to money. Well think about it. What should you rather have? Would you rather have more time or would you rather have more money in your life? Right. How would that answer change? If there was an important life event that happened would you rather have more time or would you rather have more money? Right. If someone were to pay you and pay you a whole lot of money but the caveat to that was that you would have significantly less time in your life would you do it? Right. So then time if that if your answer that question shows you that time is not money they're not equal. So the result of this hopefully the result of this is for you to realize that it's important to have a mindset shift to realize that time is not equal to money. Instead time is infinitely more valuable than money and when you have that belief now it will be your unconscious programming to be able to buy back your time to rescue it from loss, rescue loss of time and therefore to improve on your opportunity. Now let's think about the consequences here. If you continue to believe the lie that time is money if you continue to believe the lie that you've got to work hard for the money what's that it's good what that's going to happen the consequences is that you're going to use your time to buy back money instead of using your money to buy back your time. The opposite will happen where life is worth living wouldn't you grade? So this is really important that how can you leverage your money instead of leveraging your time leverage your money to improve your opportunity use your money to buy back your time which means if you look at in your life as a whole not just in your career path but your life as a whole what are some things in your life that you are spending a lot a whole lot of time doing and can you pay someone else to do it? For example what have you been spending your whole life doing in terms of trying to figure out your career path grow your career path in terms of figuring out things to get to the next level can you pay someone else to give you that guidance can you invest in yourself to accumulate that knowledge right there's going to be one choice together either you're going to be investing your time to get money or you're going to be investing your money to buy back your time it's going to be one choice or another for the choices yours if you believe the time is money then you're going to be buying back your money with time if you believe that time is infinitely more valuable than money you're going to be living the opposite way you're going to be leveraging your money to buy back your time and it's going to help you to improve your opportunity either way but if I I urge you if you choose to see the fact that time is infinitely more valuable than money if you choose that then it's important to live life with a sense of urgency to realize that my life your life is an important life to live you have a very valuable contribution to make a very important impact to make not just into your in your industry but all the people in your life that you will encounter and as a result of that live life with a sense of urgency and use and leverage your money to buy back your time you see this whole thing is a cycle when you start to value your time your time becomes more valuable and then other people will value your time as well now it's very commonly I hear people tell me I don't want people wasting my time I want other people to respect me I want them to respect my time well how can you expect other people to value your time when you don't even value your time if you value money way more than time than you're not valuing your time so when you see things from this perspective when you shift your perspective and you realize that time is infinitely more valuable than money then your prioritization will differ in your life and your experience of life will differ so this is important improve on your opportunity it's buy back your time to rescue it from loss and improve on your opportunity right most of the time in the workplace especially in the workplace we hear another type of wisdom we hear another type of lie when they tell you that hey you got to have more experience more years of experience right experience has measured in years right but I submit to you that having ten years of experience is not necessarily more valuable because it's possible to have ten years of experience but it's the same year of experience times ten ten times so instead of looking at number of years of experience that you have I submit to you that the more important part is to put more experience in your years and the only way to do that is if you value time as infinitely more valuable than money and you start to live and re-upe prioritize your life that way if you're listening to this and you're nodding your head and maybe you're getting some aha moments I'd love to hear from you and if you're curious about what are the next steps for me and how can I implement this in my life and my career path and how do I grow to the next level if you really realize that there are opportunities around you and you'd like to improve on those opportunities, maybe step into the director's chair, maybe you are a director and you want to step into the VP, then I invite you to work with me. Below this video on the very first link is an opportunity for you to chat with one of my trusted career advisors. And on this call, it's just simply a conversation to understand how I work with people, executives like you and how I train executives every single week on how do we value our time way more than we value money. How do we make these investments in ourselves? How do we get people to value our time and how do we prioritize our lives so that we can achieve our most meaningful goals? So this is my mission here at Nementrishet and I look forward to you and working with you on the inside if this is something that is important to you as well. [MUSIC]