We get paid for bringing value to the marketplace. It takes time,... but we get paid for the value, not the time.

For every minute spent in organizing, an hour is earned.

Number one, you will be paid for what you bring to the marketplace, and number two you get paid for what you become.

Just because it’s called freelancing, doesn’t mean you work for free. If you charge nothing, people will assign an equal value to your work.

Pay for the person, not the job. Look at what people in comparable jobs with comparable experience and credentials make, add some small premium over that, and build in bonuses or other incentives so they will be motivated to knock the cover off the ball. Never pay based on the job title alone.

The world does not pay men for that which they “know.” It pays them for what they DO, or induce others to do.

If you spend your time, worth $20-25 per hour, doing something that someone else will do for $10 per hour, it's simply a poor use of resources.

You get paid linearly for analyzing and solving problems. You get paid non-linearly for spotting and siezing opportunities.

The first thing that happens, for example, when a law is passed that no one shall be paid less than $106 for a forty-hour week is that no one who is not worth $106 a week to an employer will be employed at all. You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of the right to earn the amount that his abilities and situation would permit him to earn, while you deprive the community even of the moderate services that he is capable of rendering. In brief, for a low wage you substitute unemployment. You do harm all around, with no comparable compensation.

It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages.

If you have an hour, will you not improve that hour, instead of idling it away?

There are a lot of great investors in the world, hedge fund guys that make a lot of money. But they have very little purpose. They don’t create anything tangible, fix anything, or provide a service. On the other hand, there are incredibly important roles in society that are underpaid but deeply respected. The variables in this equation are: - Value created → what you contribute to society - Value awarded → how the market values the work - Value captured (by you) → how much you earn

You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of the right to earn the amount that his abilities and situation would permit him to earn, while you deprive the community even of the moderate services that he is capable of rendering. In brief, for a low wage you substitute unemployment. You do harm all around, with no comparable compensation.

If you have specific knowledge, you have accountability and you have leverage; they have to pay you what you’re worth. If they pay you what you’re worth, then you can get your time back