You Need to Be Relevant to Your Employer

In the mortgage industry many jobs have simply disappeared. This has put tens of thousands of people out of work. People who lose their jobs in the mortgage industry generally have a couple of options. Frequently they look for a new job in the same industry, because it’s the industry they know. They do their best to network, and email their resume out to every opening they can find in the mortgage industry. “The job market is really tight,” they will tell you. They may get an occasional interview, but [Read more]

If You Want to Earn More, You Need to Be Worth More

Your financial requirements and what you would like to earn have nothing to do with what you are worth in the market. In running my various organizations, I have hired superstars from the very best universities with the very best work histories who ended up contributing next to nothing to the organization. I have also hired people who started out making close to minimum wage, and whose contributions were so great their salaries doubled, and in some cases even quadrupled. Several years ago, the contribution of one of our departments, which was then around 10 people, was so great I literally doubled each and every member’s salary in one short 15 minute meeting. Are you someone who contributes so much to your organization your salary merits doubling? Or do you merely have a sense of entitlement and feel you are worth more than you are paid? I cannot tell you how many times I have heard statements like the following: “I made this much four years ago; therefore I should be making more right now.” “My wife told me that I need to get a raise.” “I think it is really important that I get this car because it will show some outward sign of success.” “I know of someone who makes even more money than this in [some other city] and, therefore, I need to make that much as well.” “This is an expensive city, and I need to be paid that much to live well.” “I would like to have some extra spending money for travel and other things, after paying the mortgage on my house.” “I need to make enough money to afford to send my kids to a private [Read more]