The Law of Compensation

mso-paper-source:0;} div.Section1 {page:Section1;} -->I was listening to Bob Proctor, one of my mentors, the other day. He was talking about the Law of Compensation—you know, how much money you can make. He said the amount of money you can make is based on three things:

• The need for what you do.
• Your ability to do it.
• How hard you would be to replace.

Of these, the only thing we can really control is how well we do whatever we do. So, we just need to get better at what we do. I decided that was worth considering. Naturally, I want to be doing something I enjoy, or trying to get better at it will really be an exercise of willpower! I guess that’s why I invest in real estate. I love to look at, fix up, restore, and just be around houses. My husband and I have spent our careers in construction and renovation, so real estate investment is a natural transition. Besides, that gives me something else to learn, and I LOVE to learn new things.

How Important are Goals?

Wow! Having goals are absolutely necessary! Not having a goal is sort of like shooting arrows randomly and hoping they his something you may want to hit. I love the word picture created by JRR Tolkien in his "Fellowship of the Ring." Bilbo warns his nephew Frodo that when you place your feet on the road, you never know where it will take you. "You have to keep your feet," according to Bilbo. You also need to know where you want it to take you--unless you just want to wander.

Every single self-development coach I know of talks about setting goals.


As a matter of fact, Bob Proctor spoke about that just today in his wonderful Six Minutes to Success series. To learn more about this series, click the link below.


What are some of your goals? Mine include posting my family history on my own website, visiting Europe, and watching my grandchildren grow up to be contributing citizens in society. Let me know some of yours, and maybe we can work together to achieve them. Till next time...