Hey. This is Stefan, from projectlife
mastery.com and in this video I'm going
to answer a question that someone sent
me on Snapchat. The questions is, "Stefan,
how can I make a hundred thousand
dollars in a year?" To answer this
question I think first and foremost you
got to understand that the amount of
money that you make right now in your
life is in direct proportion to the
amount of value that you're adding. Okay.
I'm going to say that one more time. The
amount of money that you make is in
direct proportion to the amount of value
that you add. That's value that you
add to your employer, value that you add
to your company, to your business, to the
marketplace in terms of creating
products and services that actually add
value to people's lives and actually solve
problems and meet people needs and
help them with their goals, desires, or
whatever that might be. Right now,
if you get paid $10 an hour and
maybe you work at McDonald's, that
$10 that you're getting paid for every hour
is based on the value that you're
providing. You're giving value to
McDonald's, to the current job that you have
right now and they're paying you the
appropriate amount of money that
warrants the amount of value that you're
providing back to them. Okay. For example,
just taking orders and flipping
hamburgers that is not the most valuable
thing in the world. It doesn't require much
skill, doesn't require much intelligence.
They already have systems in place for
that and so you're getting paid $10
an hour to basically
trading your time for the amount of
value that you're providing
back to them. If you want to make more
money here's what you have to understand,
if you want to make a hundred thousand
dollars in a year, you got to start
asking yourself the question what are
the skills, the knowledge, the qualities
that I need to develop within myself to
become more valuable, number one. Then,
number two, what value do I need to
contribute? What do I need to give to
others and what kind of value do I
need to provide in order to be paid a
hundred thousand dollars in a year?
That's why I believe one of the most
important things you can do is to always
invest in and improve yourself. That's
how I became a multimillionaire is
I started when I was 17 years old and I
started reading books. Then that led
me to going to seminars and then that led
me to buying online courses and training
programs and that led me to hiring
coaches and mentors and I've been
rinsing and repeating that process for
the last 13 years of my life. Constantly
growing, improving. Last month I went to
four different seminars,
investing thousands of dollars into
myself so that I can become more
valuable. When I'm more valuable that
allows me to be able to add more value
to others, it allows me to share my ideas
and be more creative and create things
that are valuable that people are
willing to pay for. People only pay
for it because it actually helps them
achieve goals and results that
they're after in their lives. Okay. That's
how business works. That's how the
marketplace works if you want to make
more money. If you're an
entrepreneur you get paid for solving
people's problems at a profit.
That's what an entrepreneur does.
There's certain problems that exist
in the marketplace, you create a product,
or a service that helps solve that problem
and people will pay you for that and
then you get paid more based on having
more customers, or maybe charging a
higher rate. It may be a more
high ticket business that you're in. You
don't need as many customers, but how is
it that someone's able to charge
$10,000 for a product, or
service that they have is because it's
worth $10,000 worth of
value. Okay. That first and
foremost again comes down to the foundation
you got to improve yourself, you got
to grow, you got to develop your skills,
your talents, your gifts. Improve yourself,
because as Jim Rohn said, "Your income
seldom exceeds your personal development."
I'll say that one more time, your
income seldomly exceeds your level of
personal development. The more that you
grow, the more that you make money, the
more that you're going to excel in your
life, the more you're going to become a
more valuable person that other people
are going to be willing to pay a premium
for your products, services, your expertise,
or whatever that might be. That's
where your focus has to be. Your focus
has to be constantly growing and
improving and then at the same time
getting outside yourself and focusing on
making an
impact, making a difference. I know for
myself, in my business, the formula is
simple. The more people that I impact the
more people I add value to and
I do that by creating
high quality content and sharing my
ideas and being transparent and trying
to really, really help other people. I do
that by putting my needs secondary to
the needs to the people that are
watching my videos and consuming my
content, because in order to make an
impact I got to put the other people
ahead of myself. I'm always thinking
who's my audience and how can I serve
them? I'm thinking about who's my
audience more than my content, because I want
understand who is this that I'm really
communicating with and how can I add as
much value to them. I know that if I do
that, if I deliver for you, that you're
probably going to like me, you're
probably going to trust me a little bit
more and maybe want to get to know
me and maybe follow me and who knows, if
you receive benefit and value of
something that I say here then maybe
that could lead to a potential
opportunity of you and I doing business
together. I do that. I
understand that if I create more premium
products and services and I create
things and I create new content and ideas and
strategies and I work with people and I can
help them achieve a certain level
of success in their life, or solve certain
problems they currently have then people
are more than happy to pay for that and
if you over deliver to customers that
you have then they're going to become a
raving fan. They're going to buy from you
again and again and again. That's how
you're in business longterm is
constantly providing more value.
That's my obsession. That's my obsession.
I know that the more people that I help,
the more people that I serve, the more money
that I make. Oftentimes that's
where my focus is primarily
in my life, how can I add more value? How
can I give more? This project,
or product that I'm working on
right now, how can that make more of a
difference? I know the money will come
after that. I think Zig Ziglar
said, "If you help enough people get what
they want in life, then you too can have
what you want." That's just some food
for thought for you. That's how I would
perceive it. If you want to make a 100K in a
year think, how can I grow and how can I
give so that I can make that amount of
money? If you want to make a million dollars
a year, how can I grow, become
valuable that people are wiling to pay
that amount, or how can I attract people,
or how can I add so much value with the new
products, service, whatever it might be that
it can result in making a million
dollars? The number two answer that I have
to this question, if you're specifically
looking to learn how to make money
online, a hundred thousand dollars a year
online, or more then I do have a free
course that I put together that shares
the seven online business models that
have made me a multimillionaire online.
I go to each of the seven models that
I use in my business. Each video is about
an hour long. It's a seven hour
course. It's 100% free. My
friends think I'm crazy that I actually
spend that much time giving away that
for free, because usually you give
something for free it's like an hour, or
less. But this one, again, I'm
over delivering the value here, but I
think it's like a seven, or eight hour
course. Seven different online business
models, even goes in to a little bit of
mindset too and for each of the
business models I also break down
whether it's more like a newbie friendly
model, more intermediate, or more advanced. I
also break down how much is the initial
start-up cost for each of the business
models, so that you can compare.
I also go into how long on average it
takes to make money from that and I
share a lot of resources and tools that I
use for that too. It's really valuable.
If you're looking for more deeper
stuff from me then that would be the way
to go. It's a free course. There'll be a
link below in the description, or you can
go to projectlifemastery.com/freecourse.
Okay, projectlifemastery.com/
freecourse. Check it out. You just got to
put in your email address and then you
can learn from the different models that
I utilize. Become more valuable.
Add more value. That's how you're going to
make more money. Thanks for watching. I'll
see you in the next video.
you