We live in a world where everyone wants to achieve more and succeed. What do you think is the trick to being successful?
Hard work and dedication?
They sure are, but the two questions that come to our mind when we think about success are:
- How do I achieve it?
- What will I get in return?
It’s true that the way to achieve success is through hard work. But are we putting our efforts in the right direction?
We should learn how to achieve greater success by being a go-giverrather than a go-getter.
Let’s reflect with the story inspired from the famous book The Go-Giver: A Little Story About a Powerful Business Idea by Bob Burg and John David Mann.
Meet Joe, an ambitious, determined, and go-getter man. Despite being an efficient and hardworking man, Joe failed to achieve his goals. Joe desperately wanted a sales lead to hit his quarterly sales target but couldn’t get any.
Frustrated, Joe decided to get advice from a famous consultant ‘Pindar’.
Pindar revealed that his secret to making more money is simply to give sincerely. Startled, Joe thought to himself “How is that possible?” So, to clear his confusion, Pindar offered to mentor Joe on his 5 laws of stratospheric success. But he kept a condition.
Whatever he would teach, Joe would have to test that himself.
Over the next five days, Pindar introduced Joe to his previous go-givers, who were successful people belonging to different professions, like:
- A Restaurateur
- A CEO
- A Financial Advisor
- A Real Estate Broker
Each shared their success story with Joe.
5 Rules of Success
These 5 laws are:
1. The Law of Value
‘Your true worth is determined by how much more you give in value than you take in payment.’
This sounds like a perfect plot for bankruptcy, no? But it’s not.
This first law of success is about giving, which people fail to understand and end up not being successful. This is because people always want to get more out of everything and are less willing to give.
For example, people prefer a company that offers high-quality products more than the one that offers low quality. Why?
Because they are adding value to their product for which people are willing to pay. The company is putting in efforts to provide value-added products to people. In return, they are receiving profits and succeeding.
So, the next time you aim for success, try asking yourself:
- Does it add value for others?
- Does it serve its purpose?
- Does it make money?
And you’ll see success following.
2. The Law of Compensation
‘Your income is determined by how many people you serve and how well you serve them’.
The second law of success talks about compensation. The more value-added products you offer, the more willing people will be to buy them.
For example, Apple and Samsung both offer reliable and well-made mobile phones.
And yet, people are more willing to spend on Apple than Samsung because of the difference in quality. People find greater value in Apple’s products, so they are eager to buy them more.
3. The Law of Influence
‘Your influence is determined by how abundantly you place other people’s interests first’.
The third law of success is about making an impact in others’ lives by putting their interest first.
How can you do that?
- Finding ways to serve better
- Looking for ways to add value
- Focusing on what people want
- Differentiating yourself from others
Focusing on what people want and giving them their desired thing is the quickest way to make an impact and create trust.
4. The Law of Authenticity
‘The most valuable gift you have to offer is yourself’.
The fourth law of success focuses on embracing your authentic self every time without being affected by others.
Concentrating on your true self not only gives confidence and power but also adds more value to whatever you do.
Your authentic values are:
- Your natural talent
- The skills you learn
- Your knowledge
By combining them together, you can achieve more.
5. The Law of Receptivity
‘The key to effective giving is to stay open to receiving’.
While the rest of the four laws focus on giving, the fifth law of success teaches us about receiving.
The act of being open to receiving is what makes you a good giver. When you focus on giving more to others, you automatically get the right to receive.
Doesn’t this balance the equation?
After learning about these 5 laws, Joe understood the power of giving and that what it brings is beyond measure.
If you, too, want to do better in life, try applying these 5 success laws in whatever you do, and you will eventually gain greater returns.
Do you want to learn more tips and tricks, business strategies, and life lessons? Then read more blogs by VideoMonks.