Tag: increased

A woman who increased her salary by $30,000 explains why she expects to double it in the next 2 years


“You don’t get what you deserve. You get what you negotiate.”

That’s what personal-finance expert Farnoosh Torabi preaches.

It helped Torabi double her salary — from $45,000 to $90,000 — at age 26 back in 2006. More recently, it helped 28-year-old Claudia Telles score a $30,000 raise at a Chicago hospital.

What’s more, Telles — who went from making $41,000 on the business-operations team to $72,000 as a quality specialist — plans to double her new compensation in the next two years, she tells Business Insider.

It’s more than possible, she says, thanks to a critical mind-set shift.

“I noticed my perception of a good salary and self-worth, career-wise, changed once I started surrounding myself with top performers,” she says.

“Before meeting ambitious professionals, increasing my salary by $5,000 would have made me beyond happy. Afterwards, asking for a $30,000 salary increase didn’t even seem ridiculous. I have friends and acquaintances that have been able to double or triple their salary, and to me, it’s the ‘new normal.'”

Moral of the story: “Be careful who you surround yourself with because they influence your standards and definition of what ‘normal’ is,” Telles says. “My standards keep doubling because of who I surround myself with.”

She isn’t the only one to suggest a correlation between success and who you choose to hang out with. As self-made millionaire Steve Siebold writes, “Exposure to people who are more successful than you are has the potential to expand your thinking and catapult your income. We become like the people we associate with, and that’s why winners are attracted to winners.”

The thought of negotiating another big leap isn’t intimidating to the 28-year-old — nor is it impractical, granted she continues performing at a high level and bringing value to her company.

“To me, it’s just the reasonable and right thing to do,” she says.

SEE ALSO: 7 steps to negotiate a higher salary, from a 28-year-old who made a $30,000 leap

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NOW WATCH: A large study just revealed that kids with this surprising personality trait made more money later in life

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How one entrepreneur increased his hourly earnings from $7 to $400 in 3 years

Primoz_solo 2

In 2011, Primoz Bozic was earning $7 an hour working as a computer programmer during university in his native Slovenia. 

Then, he started to read.

He devoured productivity and habit change books fromI Will Teach You To Be Rich” toThe 7 Habits Of Highly Effective People” to “Getting Things Done.” 

A month later, he signed up for an online course called Earn 1K, meant to jumpstart people into earning their first additional $1,000.

Soon, he noticed, he had implemented the systems he learned from the books and the course so well that he was leaving coworkers in the dust.

“All of a sudden I wasn’t this person who almost dropped out of high school because I was procrastinating so much; I was the person who was getting things done,” he says. “People noticed that and were like hey, can you help me?”

He had a good job — especially considering that the average after-tax household income in Slovenia is about $20,000 a year — but he felt trapped.

“I’ve always had this dream or desire to travel around the world and meet new people, and I just didn’t see that happening in that job,” he explains.

So Bozic started branching out.

Since he had some experience playing online poker, he wrote a post on an online poker forum about how poker players could be more productive.

“People just loved it,” he recalls. “Over time I wrote this really gigantic article, it was probably 27,000 words. It was a guide on productivity for poker players, and it got translated into like seven languages. So it pretty much positioned me as an expert in that field.”

Primoz_ThailandAs readers continued to find his advice and reach out to him about their more specific situations, he left computer programming and started charging $50 an hour as a productivity coach for poker players. 

“I was like holy s—, that’s a lot of money!” Bozic says. “Then I tested increasing my rate slowly. I just said, ‘Hey I’m raising my rates,’ and I kept getting a lot of clients.” 

At $125 an hour, he got stuck … so he sought some guidance.

“I was super nervous,” Bozic remembers of attending a 2013 conference with Ramit Sethi, author of the first productivity book he read and creator of the Earn 1K course, “but I was like, I’m getting all of this advice, I might as well put it into action. And even though I was super uncomfortable with many things like asking for referrals and testimonials, and raising rates, I just said what can I lose?”

In one month, his business doubled. In three months, it quintupled. Bozic took a second Sethi course — Zero to Launch — and launched an online business called Skyrocket Your Productivity in December 2013.

He scaled down his poker productivity coaching in the Spring of 2014 to focus on his new venture, which coaches entrepreneurs to be their most productive and to most efficiently manage their time. Bozic currently has about 10 coaching clients, and about 150 people have joined courses on his website in the last seven months. 

Between his products and coaching, he earns about $400 an hour.

“Now that I have online products, it’s just so much better. It’s so great because you do most of the work in the beginning and then you just keep earning money over time,” Bozic says. “You can write from a coffee shop, you can write from a plane, you can even write from a beach in Thailand. And it’s just so much better because it’s inspiring and it’s exciting. It’s not just being stuck in one room all the time.”

“It’s like that dream of making money in your sleep,” he continues. “That actually happens.”

SEE ALSO: How This 25-Year-Old Made $66,000 In A Month By Teaching An Online Course

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Repackage for Increased Profits

Look, if you’re not repackaging your products, you are missing opportunities. I often assess my product line for ways to repackage things. I might re-bundle a $500 product into ten $50 purchases or repackage the payment plan into four installments of $125 each. When you’re committed to introducing people to your products, maintaining your client

The post Repackage for Increased Profits appeared first on Grant Cardone – Sales Training.

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