Answer: Too much supply. Too many people willing to take salaries below their worth.
Now I remember when I got an Operations Manager offer in one of the call centers in Taguig in 2010...
After nailing all interviews and getting to the final stage...
I was asked what is my expected salary.
I answered, P80,000.
When asked if it's negotiable. I said NO. (At the back of my mind, take it or leave it).
I didn't know why I said that. I wasn't being rude. And to me what I said was even an understatement because I felt at that moment that my time and skills were even worth more than P80,000.
Guess what happened next?
I did not get the job because someone was willing to do the same job for an amount less or even half of what I was asking.
YES THIS IS THE EXACT REASON WHY TOO MANY PEOPLE IN EMPLOYMENT ARE UNDERPAID.
If only there are more entrepreneurs, there will be tons of jobs.
If demand for employees are higher than supply, definitely salaries will be much higher.
The rich and shrewd of the past designed everything to be this way so they can keep getting richer and the poor getting poorer. And they really did a very great job in using the educational system to accomplish this.
The educational system was designed for people to become great employees.
There is no single subject in school teaching us on how to manage and grow our finances. No single subject talks about how and why we need to develop an entrepreneur-mindset. We're all taught to finish College, find a safe secure job, be great employees and to climb up the ladder so we can then be called "Managers or Executives"
And yet most of the successful and rich people did not even finish College... Henry Sy, Lucio Tan... Mark Zuckerberg and yes Bill Gates!
Don't get me wrong, education is important but how and to whom you are going to use it for make a lot of difference.
Why be the best person and work the hardest fulfilling someone else's dream and making your bosses richer when you can do this for yourself if you have your own company....
Just sharing my thoughts
I'm just glad that I'm no longer a slave working for someone else.
by Reach Yanes reading #FireYourself by #RobertKiyosaki
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