The 3 POWERFUL Laws of Compensation

I recently attended a Rich Dad event…you know Rich Dad, right?…the man himself, Mr. Robert Kiyosaki, well anyway one of the lessons he was teaching at this event were the 3 Laws of Compensation.

The moral of the lesson was that if you followed these 3 laws you WILL receive compensation. Now, this compensation is “B” and “I” quadrant Entrepreneurial compensation not “E” quadrant Employee compensation as there is a big difference. Employees trade time for money and they are compensated in return, but Entrepreneurs solve problems by GIVING and are compensated.

So, the 3 laws are:

1) Give to Receive
2) Learn to Give
3) Compounding of Knowledge

Breaking it down, the first law is Give to Receive. This may seem strange at first but it really does make sense if you think about it. Let’s use network marketing for example. If you market your business online by leading with your primary business opportunity, how many people join you? Very, very few if any at all. But, what about those people that give away something first, say training or marketing strategies, does that not build a trust relationship almost instantaneously? And when you give something away like that and are adding value to others it is a LAW that you will receive something back. In this example, you will receive their trust back and a relationship will begin to form eventually leading to compensation in one form or another.

The second law is learn to give. Giving is something that needs to be learned, it is not something we are typically born with naturally. It is not in human nature to give away their possessions (physical, spiritual, mental) to others, so we must learn it by doing it. Once the resistance to hoard and keep everything for one’s self is overcome, the law of compensation kicks in and you will begin receiving like you have never dreamed of before.

The third law is the compounding of knowledge. Knowledge really is the new money of today, and the more you gain, the more it compounds, and the more compensation you will receive. Financial education is the crux here. You MUST be educated financially in today’s day and age or you are literally going to be left in the dust. The old axioms of savings and retirement are dead. No longer can you go to school, get good grades, get hired on in a good company, work for 40 years saving and investing in a 401k and happily retire with no financial worries. Things have changed now, and we must become entrepreneurs, business owners and investors to even have a chance at being financially secure at anytime in our lives. The only way to start down this path is to financially educate yourself, and let that knowledge compound. Never stop learning! When knowledge begins to compound, it will also lead to compensation.

In keeping with the laws of compensation, I would like to offer serious minded entrepreneurs and those that want to start living by these 3 laws of compensation something very special. I would like to GIVE you a spot on my personal wealth and marketing team in a very fast moving team business I am building.  But what I will ask, is that you are willing to enact the 3 laws of compensation when you join my team!

If this is you and you would like to get some more details on the business and how this will work for us together as a team, send an email right now to matt.j.conner@gmail.com with the subject line “3 Compensation Laws-Send Me The Business Details!” or skype me at bigsky.matt.conner

I look forward to practicing the 3 Laws of Compensation with you starting today!