MONEY SERIES: PART 76

By: Tarun Prakash Srivastava, Sr. Executive Editor-ICN Group

LUCKNOW: Here I want to talk to you about one more universal rule that when you are an employee of a person or organization or system, the principle of “40%: 40%: 40%” applies to you automatically. You must understand as to what is this principle of “40%: 40%: 40%” and how this principle affects you. So let’s try to understand this important principle here as under:

Theory of “40%: 40%: 40%.”

This theory is based on very practical and universal facts. Vipul Puri is a very skilled flute player, he has also researched chemistry and also writes very beautiful stories, but he is serving as assistant manager in a Sugar Mill. Let’s now study this theory in a nutshell how does it affects him:

First 40%:

His first 40% is related to his talent and ability. We know about three different skills and qualifications of Vipul Puri, i.e., playing the flute, scholar of Chemistry and story writing but in his job, none of his these talents help him, and the assistant manager can be the person who is simply graduate and does not know to play the flute, to write stories or to have the special qualification in Chemistry. That is why we can say that a person, who is an employee, employs only 40% of his possible talents and qualifications in his job.

Second 40%:

His second 40% is related to his earned income. If we, in some way, can assess the contribution of an employee to the employer, organization or system, in term of money, he will be paid up to 40% of his contribution only as his salary, incentives, purses, awards and other bonuses whatsoever, by his employer and the employer, organization or system shall earn 60% of the contribution of the employee as profit. Vipul Puri thinks how important his employer considers him and how happy he is with him, and he is giving him a huge amount every month as a salary, but he does not know the secret that he is just the money making machine for his employer which is earning a huge amount of money for his employer and his employer is happy with him and praises him by giving him awards from time to time because he has secured the benefits of 60% for his employer every month.

Third 40%:

His third 40% is related to his time. As long as Vipul Puri’s body remains in power required for the job, and his mental status will remain in his top executive position, he will continue to work for his employer, meaning thereby that he will give his most valuable 40 years of life to his employer and on the expiration of this most energetic 40% of the time of his life, his employer will retire him compulsorily and will appoint somebody else to provide the best of his 40 years to him.

Now you can easily estimate that every person doing the job earns less for himself and his family and earns more money for his employer. If a person is getting Rs 40,000 / – in the form of a salary, he earns an additional Rs. 60,000 / – also, even after earning his own income, for his employer.

That is why it is said that a person, who carries a job, always flies his dream kite in a scanty room, so his kite can never fly higher than the height of the ceiling, whereas the dream of an entrepreneur always flies in the open and it can touch the sky too.

It is also said:

“If you do not work to fulfill your dreams, someone will force you to work for his dreams.”

Now think of yourself- what is best for you – work for your dreams or fulfill other’s dreams, receiving repeated awards for the sake of your enthusiasm from someone or giving awards and prizes to the people to increase their enthusiasm.

Please focus on you yourself once again. What would you like to do – just be happy and satisfied with your vertical success, or you will also like to see the magic of horizontal success. When your vertical success makes successful to you only, your horizontal success makes you, your family, your friends and your generations successful. In our country, Ambani group, Adanai group, Tata group, Birala group, Mahindra, Munjal, Wipro and recently Patanjali family and so many others have reached their climax of success, and they are the best example of Horizontal success.

Tarun Prakash Srivastava

The writer is the author of book ‘Science of Money’ available on Amazon.com in English at http://bit.ly/Science-Of-Money