Tags |
|
|
Casual Articles - Management Consultant Asks: Why Aren't You Earning Residual Income?
It’s actually very interesting to be with a celebrity endorser for a while at a public place and see if anyone recognizes them, comes up to them just to talk, ask if they are who they think they are, ask for an autograph, or tell them, “I remember when I used to watch you on TV”, etc. This simple little exercise, while never planned, gives us insight into the possible success of the celebrity endorser we are contemp
In fact, paying you royalties or a residual income may be in their interest, it may spawn innovation, create that extra spark of incentive to attract and retain the very best designers.
How, then do companies decide what they’re going to pay?
MONKEY-SEE, MONKEY-DO!
The
The most valuable tools to promote your home business are free. Yes, they are completely, totally free. Blogging and article marketing are the most important things you can do for your online business opportunity. You can use blogging and article marketing to promote any niche that you want.You can sign up for a free blog online and start posting entries. This blog will then have its own address where peop
MY COMPENSATION IS ENTIRELY ARBITRARY!
For example, let’s say you write computer programs for a software company that packages your “code” into products that it sells to customers.
You will probably be paid a salary, perhaps earn an annual bonus, and accrue some vacation time. You may also get some benefits, including a partially paid health plan.
All of this seems so normal, so typical that you never question this menu of dollars and perks. Sure, you may want a greater helping of salary, but still, as long as there is a salary and a few other goodies, you’re set.
But what if one of your software programs really takes off in the marketplace?
Will you be entitled to receive royalties from it, have any ongoing equity interest in it, or ever be able to claim a bigger desk, a reserved parking space, or any material advantage from its performance?
The short answer is “no.”
If you ask your company about it, they may smirk or laugh or just look at you as if you’re nuts and say, in a conclusive, parental monotone: “We don’t do that.”
They won’t say WHY they don’t do it, because they probably haven’t thought it through.
In fact, paying you royalties or a residual income may be in their interest, it may spawn innovation, create that extra spark of incentive to attract and retain the very best designers.
How, then do companies decide what they’re going to pay?
MONKEY-SEE, MONKEY-DO!
They
In today’s global economy everyone is searching for a niche to make more money. We have become so specific about how we do business that we have forgotten how to make money the old fashion way.As a speaker and business coach I found myself stuck doing the same types of workshops and keynotes all the time. I had real estate one on one bleeding out of my veins. Everyone wanted to know how to buy property with no
All of this seems so normal, so typical that you never question this menu of dollars and perks. Sure, you may want a greater helping of salary, but still, as long as there is a salary and a few other goodies, you’re set.
But what if one of your software programs really takes off in the marketplace?
Will you be entitled to receive royalties from it, have any ongoing equity interest in it, or ever be able to claim a bigger desk, a reserved parking space, or any material advantage from its performance?
The short answer is “no.”
If you ask your company about it, they may smirk or laugh or just look at you as if you’re nuts and say, in a conclusive, parental monotone: “We don’t do that.”
They won’t say WHY they don’t do it, because they probably haven’t thought it through.
In fact, paying you royalties or a residual income may be in their interest, it may spawn innovation, create that extra spark of incentive to attract and retain the very best designers.
How, then do companies decide what they’re going to pay?
MONKEY-SEE, MONKEY-DO!
The
With the development of an integrated global economy, marked by free trade and free flow of capital, now is the time to pursue a cutting-edge international business career.Around the WorldIn case you hadn't noticed, U.S. firms are expanding abroad. This requires organizations to form effective strategies for entering the international business market. They need to be aware of legal matters pertai
But what if one of your software programs really takes off in the marketplace?
Will you be entitled to receive royalties from it, have any ongoing equity interest in it, or ever be able to claim a bigger desk, a reserved parking space, or any material advantage from its performance?
The short answer is “no.”
If you ask your company about it, they may smirk or laugh or just look at you as if you’re nuts and say, in a conclusive, parental monotone: “We don’t do that.”
They won’t say WHY they don’t do it, because they probably haven’t thought it through.
In fact, paying you royalties or a residual income may be in their interest, it may spawn innovation, create that extra spark of incentive to attract and retain the very best designers.
How, then do companies decide what they’re going to pay?
MONKEY-SEE, MONKEY-DO!
The
The history of the species as described by Evolutionists discuss the theory of hunter-gatherer tribes roaming around, having seasonal patterns knowing where to find the food and transporting themselves by walking. Later agriculture based became prevalent as the most recent activity. And we know from written history of the last 10,000 years that mankind transported them selves for water, food, battle and later trade o
The short answer is “no.”
If you ask your company about it, they may smirk or laugh or just look at you as if you’re nuts and say, in a conclusive, parental monotone: “We don’t do that.”
They won’t say WHY they don’t do it, because they probably haven’t thought it through.
In fact, paying you royalties or a residual income may be in their interest, it may spawn innovation, create that extra spark of incentive to attract and retain the very best designers.
How, then do companies decide what they’re going to pay?
MONKEY-SEE, MONKEY-DO!
The
Out-of-home advertising -the nice-sounding term for all types of advertising consumed away from home, including digital signage- is likely to become an even more important component of the advertising landscape with this week's announcement that Clear Channel Outdoor Holdings will roll out digital billboards in four more cities: Akron, OH, Columbus, OH, Memphis, TN, and Wichita, KS.Making up the digital billbo
In fact, paying you royalties or a residual income may be in their interest, it may spawn innovation, create that extra spark of incentive to attract and retain the very best designers.
How, then do companies decide what they’re going to pay?
MONKEY-SEE, MONKEY-DO!
They imitate each other. Some call it benchmarking, others conduct salary surveys, but the net of it is the same. They mirror each other.
Breaking the paradigm is difficult, once it has been established.
Let me give you an example.
One of my clients is a consultant who shows his clients how to save money on their printed advertising. Specifically, he knows how to tweak ads so they can be smaller, cost less, but yield better results than large ads.
He charges a percentage of the savings he’s able to generate, which seems very reasonable, right?
If he doesn’t save them money or improve the ads, they don’t pay. Only if they get results do they have to pay.
What can be sweeter?
But he has found that is not the way his clients want to pay. They prefer paying him for his TIME, which is the way the great majority of consultants bill their clients.
They believe, of course, that if they pay only for time, they’ll reap the benefit of his expertise, for less.
But even if they traded dollars, or if they saved money his way, they’d prefer to do it theirs, which is the traditional way.
When it comes to compensation, tradition dies hard.
But there is hope, if you’re creative, diligent, talented, and
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/11355/casualarticles-Management-Consultant-Asks-Why-Arent-You-Earning-Residual-Income.html">Management Consultant Asks: Why Aren't You Earning Residual Income?</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/11355/casualarticles-Management-Consultant-Asks-Why-Arent-You-Earning-Residual-Income.html]Management Consultant Asks: Why Aren't You Earning Residual Income?[/url]
Related Articles:
Sarbanes-Oxley IP Asset Compliance Is Not Easy, But It's Required To Avoid Stiff Penalties
Free Car - Get Paid To Drive At Your Leisure
The Truck Driver's Responsibility - Trucking Safety, First And Always
Bookmark it:
|