Ever wonder why CEO and regular workers spent the same hours a day yet the former gets higher income? We cannot solely depend on the thought that they were born rich since many successful entrepreneurs started from the bottom.
So aside from hitting the lottery, what are the chances that you can double your income? Are there steps? Would there be secrets? What do you think is the key? In this article, we’ll enlighten you on ‘How to Double Your Income’.
What do you expect to be making this year
If you started working ages ago, try to compare your earnings beforehand. Go back five, or ten years from now and see how did your income looks? Did it increase or did it gradually decrease?
Basically, the whole idea is the story behind your income and how did it progress. Doing so can help you examine the steps you made back then and nowadays.
Let’s say you’re now 50 years old, and you started working in your early 20’s. Like most of the employed people, ages 25 to 34 are at the peak! It means, their income was stable and continuously growing. However, when they turn 40 (and above), their income stays the same.
The whole concept is that our income grows the fastest at ages 25 to 34 while it stays flat at ages 40 years and above. We feel pressured when we’re younger but as we grow older, we don’t want to feel like that anymore.
This is why you should make use of your youth to do something that you won’t be able to do anymore without any regrets.
Then How can you Double your Income
- Make it a habit to Recreate yourself.
Recreating yourself means inventing and getting on a new path and journey. You can try new things you haven’t done before. You can learn new skills, get new knowledge, and apply both to your life! If you recreate yourself, you’ll see new results.
These results, in turn, would highly affect your work field or business in order for it to grow and prosper, resulting in effective and higher income!
If you try to continuously recreate yourself, you’ll continuously recreate new results as well!
Be Motivated by Positive Peer Pressure
Peer pressure doesn’t always mean negative. You have the choice to pick between the positive and negative impact of your peers. It’s true that not everything in life is perfect, but if you choose to get the positive side in hanging out with them, you’ll, in turn, get better results.
Like if your friend is doing better than you, you can use that ‘envy’ as a motivation to rise up along with them! If you just push them away, what credit can you give yourself? If they’re now running a multi-million dollar company, how would you react when remembering the day you went away from them?
Let them stay in your life to get you motivated to work hard like them or work harder!
Put Pressure in yourself
Sometimes, when an unexpected thing happened to one of your close friends or family, you’ll use that as an excuse to live your life fully without any pressure. Any pressure to work harder or pressure to earn more. But that’s just an excuse!
When they go bankrupt just because they take risks or they died without even providing much for their family, these doesn’t mean that the same thing will happen to you! Convince yourself that you have to chase your dream and ride along with your path, not the others. Use them as a driving force that you can do better, and doing better means you can double your income!
Don’t let fear get away in your success. If you sit there and waste your time just because others failed to do so, you’ll get nowhere.
Leverage Time Frames – Do More in Less Time
Do you want to double your income? Then double your schedule too! Make use of your time. Instead of focusing on one meeting per day, why not schedule at least 5 of your meetings today?
It has been proven and tested that when you have more time left in a week, you can do so much! This doesn’t include scrolling to your feed and liking Instagram posts you see. This goes to productive tasks.
Drop any interruptions. Try to compress your time frame in doing much on a single day and the same goes to other days!
At the end of the day, we hope it’s not entirely about doubling your income just so you can brag about it to other people or just because it’s your dream to spend all your money on gambling. Think of the change that it will bring you, and your family!
The recreation process, peer pressure, self-motivation, and leveraging time frames are just the simple steps that will make you proud of what you can accomplish months or years from now!
