Rabs To Riches

Money for Time VS. Money for Results

Last week, I started heading over to the library so I could complete my work without distractions.  What I realized was that some tasks are time-consuming (and it wasn’t just my distractions).  One day last week, I ended up spending about 6 hours straight trying to finish up a product, and left quite frustrated when I wasn’t as done as I thought I’d be.

Then, I started thinking about my days working in the financial industry.  I couldn’t wait till 5 and I came home relatively satisfied about putting in my hours (even though it is quite unheard of anyone in the financial industry to leave at 5 - I was just a slacker, I guess). I would ofcourse want things to get done, but my self satisfaction was measured by the time put in, not necessarily the task.  For example, I knew that Project A was taking up X amount of hours per day, and it would be done when it would be done.

Now, working for myself, trying to ‘make it’ online, trying to start different revenue streams and create products, putting in any number of hours a day just does not seem to satisfy me.  Even worse, sometimes it makes me even more frustrated - “I put in all day today and I’m still not done”.

I was just reflecting on this and of course the difference is that at my J-O-B, I was getting paid no matter what.  I was getting paid to be there.  Of course my salary and job security would be reflected by my performance, but all in all, I was getting paid to be there.  As an entrepreneur, you don’t get paid for the hours, you get paid for the results.  The cut is much more fruitful in the end, but for a lazy person, it might seem like too much of an effort without any guarantee (I guess the lazy part of me might feel like that sometimes).  However, I see it as a challenge for myself - to push myself, to motivate myself to deliver.

‘Cuz that’s the only way I’m getting paid.