- Increased respect
- Increased goodwill
- Raises or promotions
- Direct payment
Most people prefer the last one, however, at the highest levels, the others are more powerful. Two examples of the power of spending years building the first three:
- Speakers like Seth Godin, Tony Robbins, Simon Sinek who can draw a crowd on their name and reputation alone.
- Tim Ferriss who raised $500,000 in an hour for a startup leveraging his connections.
If seeking compensation for every piece of work you do, make sure the value of the compensation being offered is clear to yourself.