Low Value Activities
The saddest part of the research into employees work habits is not just that people waste a lot of time at work. It is that in the other 5o percent of the time, when people are actually working on company tasks and responsibilitie, they tend to work on low-value, low-priority tasks. As a result, they contribute little of value to their companies. Low productivity leads to lower wages and fewer opportunities.
Every year, hundreds of thousands of people are laid off from large and small corporations, often from white-collar, midmanagement jobs. Why is this? The answer is simple. The companies have finally learned that they are paying high salaries to people who are producing very little of value. No company can survive very long under these conditions, and these companies are determined to survive. So the redundant staff has to go.
You can do it
If you are serious about becoming financially independent, or even better, becoming a self-made millionaire over the course of your career, here are two facts: First, it is definitely possible. Hundreds of thousands of men and women become financially independent each year after having started from nothing. Whatever others have done, within reason, you can do as well. The very fact that someone else has achieved a particular financial goal is proof it is possible for you.
The only question is, how badly do you want it?
Second, the reality principle says that if you want to be successful in any area, you have to find out what other successful people have done to succeed in that area, and then do the same things over and over until you get the same results. As long as you don’t try to fool yourself and look for shortcuts, you are virtually assured of eventually achieving, and even exceeding, your goals.
The 40 plus formula
Begin today to apply the”40 plus formula” to your work and your career. This formula says that you work 40 hours per week in the United States for survival. If you work only 40 hours per week---if you work only the number of hours that are required of you--then all you will ever do is survive. You will tread water financially. You will make enough to pay your bills and perhaps a little more besides, but you will never get ahead and you will never be successful.
According to the 40 plus formula, every hour that you put in over 40 hours on your job, or on yourself, is an investment in your future success. You can tell where you are going to be five years from now by simply looking at how many hours per week you put in on your job. Every hour over 40 that you invest in getting more results for your employer and your customers adds up and contributes to your long-term success.