Coach Yourself to Success, Revised and Updated Edition, 2nd Edition

 

TIP 26

EARN WHAT YOU DESERVE

       Money isn’t everything as long as you have enough.

MALCOLM FORBES

Now that you’ve cut your expenses, it is time to get to work on the second half of the money equation: increasing your income. If you work for someone else or for a company, you can ask for a raise. If you own your own business, you may be able to raise your rate or fees or perhaps add another product or service. If you are already making more than the market rate, then perhaps you could start a sideline business to increase your income.

Let’s begin with how to ask for a raise. Start by doing a little investigating to find out what people at similar companies in the same position as yours are earning. Many business magazines publish national ...