Here Is the Philosophy That Helped Jim Rohn To Become Millionaire
In the world of personal development, Jim Rohn is a true legend. You may not have heard of Jim Rohn, but you must have read one of his famous quotes at least once in your life.
Born in 1930, Jim Rohn made his fortune in the 70s and 80s in the United States. He was an entrepreneur with a true business sense. He was a mentor to Mark R. Hughes, the founder of Herbalife International, and the famous coach Tony Robbins. Robbins is full of praise for Jim Rohn.
Here is an excerpt from the book “Unlimited Power” where Tony Robbins talks about the essential things that Jim Rohn passed on to him:
“My first mentor was a man named Jim Rohn. He taught me that happiness and success in life are not the result of what we have, but rather of how we live. What we do with the things we have makes the biggest difference in the quality of life. He taught me that even the smallest things could make big differences in life.”
When he died in 2009, Jim Rohn was at the head of a true fortune of several hundred million dollars. For Jim Rohn, it was a fundamental principle of life that enabled him to achieve such impressive success.
Many people seek to become more valuable in their work. This mindset is frequently found. To make more money, you imagine you have to bring more value to your boss or your clients. You will work harder and harder to prove that you deserve a pay raise or that you can charge your customers more.
The problem is that the extra value you will bring will not allow you to become rich as you had originally hoped. In fact, it is your boss who will really benefit from your extra efforts. On your side, the best you’ll get is just a little more money.
Nevertheless, you will continue to be paid for the hours you work. This fundamental problem is perfectly symbolized by Jim Rohn’s golden rule:
“You don’t get paid for the hour. You get paid for the value you bring to the hour.”
Rather than having the mindset of someone who is paid by the hour, you should seek to give more value to that hour. The amount of work you provide is not scalable. Beyond a certain amount, you will never be able to work more. If you are paid by the hour only, you will never make a fortune.
On the other hand, the value you deliver to the world is scalable. So you have to learn how to deliver value to more and more people. For the same hour of work, you can make an impact on 10, 100, 1000, even 10,000 people. That’s where the key to becoming a millionaire lies.
Jim Rohn quickly understood this, and it allowed him to deliver more and more value to the world. Profits are scalable. You can work an hour to coach one person. Or you can work an hour to create an online course that can be distributed to thousands of people.
The first solution is to get paid by the hour, while the second is to get paid for the value you put in an hour of your work. Your online course delivers maximum value to the world and can be watched by people who want to discover the value you have to deliver.
It’s all about the approach in life. You must adopt the one that will allow you to win.
Working hard is one thing, working smart is another. The path laid out by Jim Rohn is the one you must follow if you want to become rich through your work. If you stick to a pay-by-the-hour mentality, you’ll never get rich.
Warren Buffett, one of the greatest investors of all time, has explained this in the past:
“If you don’t find a way to make money while you sleep, you will work until you die.”
By following Jim Rohn’s golden rule, you can earn money while you sleep. Becoming rich will become something quite possible. All you have to do now is figure out how to best use your time to deliver more value to the world.
That’s the challenge that awaits you.