The legendary woman who was reborn from the ashes
Chapter 83 Personal Value
In the vast professional world, people's salary levels vary as widely as the stars in the sky. Some people's annual salary is barely enough to make ends meet, while others' monthly income is enough to make people's eyes drop.
This makes us wonder: Why do people have such different values? Although it is often said that life cannot be measured by money alone, in the real workplace, we are often defined by digital labels.
Jiang Juan would like to recommend a unique book to everyone - "Precise Efforts".
The original Japanese title of this book is "How Much Am I Worth?" It uses a thought-provoking formula to answer the eternal question: How much are we worth? And how can we improve our value?
The author of this book is Masato Noguchi, a famous Japanese MBA tutor and financial expert. He has accumulated rich experience in internationally renowned banks and investment institutions, and later founded his own consulting company.
After handling more than two thousand corporate value appraisal cases, Noguchi gradually realized that this valuation formula used for enterprises can actually be cleverly applied to people in the workplace, so he innovatively proposed the theory of personal workplace value.
What is the personal value formula? Before we delve into it, let’s review the basic principles of business valuation. The business valuation formula is PV=CF/R, which means that the present value is equal to the average of future cash flows divided by the discount rate.
This formula reveals that the core of a company's value lies in the cash flow it can generate in the future, rather than the assets it currently holds. Noguchi Masato discovered that this principle is also applicable to evaluating an individual's career value.
According to this formula, if we want to increase our own value, there are two main directions: one is to increase the numerator, that is, to increase the cash flow we can create in the future; the other is to reduce the denominator, that is, to lower the discount rate and increase the value of our time.
How to increase the numerator and improve your "cash flow"? First of all, we need to re-examine the concept of "cash flow".
At the individual level, cash flow refers not only to people's salary income, but more importantly to the net cash inflow brought to the company.
This means that we should not only pay attention to our own income, but also pay attention to the relationship between the value we create and the cost. Only when our contribution is greater than the company's investment in us can our value be truly improved.
In addition, we can enhance our competitiveness by continuously improving our professional skills and knowledge reserves, thereby creating more cash flow in the future.
At the same time, actively expanding personal connections and participating in teamwork and project practice are also effective ways to enhance personal value.
The book "Precise Effort" provides us with a new perspective to examine our own workplace value. By using the personal value formula, we can more clearly understand our strengths and weaknesses, and thus formulate a more precise direction of effort.
We should delve deeply into ways to add value to ourselves, and by constantly improving our own value creation capabilities, we can achieve the goal of bringing fruitful results to the company while also increasing our personal income like a spring.
For example, a marketing specialist, through in-depth research on market dynamics and customer needs, continuously optimized marketing strategies, which not only won more market share for the company, but also increased his own performance and income.
We should be good at utilizing the company's treasure-trove resource platform. Many people tend to only focus on the company's rules and regulations and various restrictions when working, but ignore the huge resources contained therein.
A company is like a treasure box full of tools. As long as you are good at discovering and utilizing them, you can pave a broad road for your career.
An engineer made full use of the company's technical resources and team support, continuously overcame technical difficulties, and successfully developed a number of new products that were popular in the market. This not only enhanced his personal influence, but also created huge value for the company.
We should also cultivate a "seller mindset", that is, always focus on customers and continuously improve customer experience.
Regardless of whether your job is customer-facing or not, this way of thinking can enable you to pay more attention to customer needs and feelings at work, thereby enhancing your own value.
For example, an editor always thinks from the reader's perspective when writing articles and strives to provide valuable and interesting content. This not only wins the readers' love and trust, but also wins more attention and reputation for the company.
To expand our thinking space, we should not only focus on our own professional field, but also understand the company's overall business and the development trend of the industry. This can help us better grasp the pulse of the market and enhance our competitiveness.
A sales manager is not only proficient in sales techniques, but also has a deep understanding of market trends and industry developments, which enables him to better understand market opportunities and bring more customers and business to the company.
In the workplace, it is equally important to manage other people's expectations of you. We must demonstrate our abilities and values through practical actions so that our colleagues and superiors will have a positive impression and expectation of us.
When encountering difficulties, we must remain calm and optimistic, and demonstrate the ability and determination to solve problems. Only in this way can more people see our value and give us more trust and support.
We also need to learn to speak with data. When pursuing a promotion or salary increase, it is not enough to simply express your needs. You need to use specific data and facts to prove your value and contribution to the company.
You can organize data such as the number of projects you have completed and the sales you have generated in the past period of time, as well as future work plans and goals, to demonstrate your strength and potential to your superiors.
This not only allows us to express our needs more convincingly, but also allows our superiors to better understand our work capabilities and value.
Showing your potential future value is like opening a window to the world, allowing light to shine upon your future path.
Remember, your value lies not only in the wealth or achievements you already have, but also in your endless creativity and possibilities.
So, how do you lower the denominator that is holding you back from shining and making your discount rate dim?
Focusing on reducing this "discount rate in the workplace" is like lighting a beacon to success step by step. What is the existence of this so-called "discount rate" in the workplace?
In fact, it is others’ prediction and expectation of our future abilities.
Simply put, as long as we can make future performance more certain and predictable, our discount rate will naturally decrease and our personal value will increase.
The first priority is to reduce potential risks. In the financial world, the discount rate is a game between risk and growth rate. For us as individuals, reducing risk means reducing others' concerns about our future uncertainty. This can be achieved in many ways:
1. Maintain stable and outstanding performance. Just like a mountain stream, no matter how the outside world changes, you can keep your own rhythm and flow steadily. This will naturally reduce others' doubts about your future performance.
2. Have a long-term vision. Look far ahead, do not be swayed by the immediate gains and losses, and build an indestructible tower of credibility step by step through continuous struggle and growth.
3. Keep your emotions stable. No matter what kind of storm you encounter, you can remain calm. This way, you will naturally win the respect and trust of others.
Of course, reducing risk is only the first step. Improving the growth rate is equally important. The growth rate is like an upward current that can help you soar to the top of your career. There are many ways to increase the growth rate:
First of all, never stop learning. Like a sponge, constantly absorb new knowledge and skills, keep up with the times, so that you can be invincible in the ocean of the workplace.
Secondly, be brave enough to accept challenges. Every challenge is an opportunity for growth. Only by taking that step can you discover your potential.
Finally, maintain transparent communication. Being honest and open at work can not only improve work efficiency, but also enhance trust and understanding among colleagues.
In the workplace, risk and growth are often like the two ends of a seesaw, and we need to find a balance between them. Clarifying your career goals is like holding the fulcrum of the seesaw, allowing us to maneuver between risk and growth with ease.
With clear goals, we can more clearly evaluate the risks and rewards of each decision and make more informed choices.
In this way, we can gradually lower the discount rate in the workplace and fully demonstrate our future value.
Remember, your value is not static, but will continue to increase with your efforts and growth. So, keep moving forward and write your own wonderful life!
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