Strategy of increasing earnings

Based on the revenue formula, then we can make three general strategies to increase income, namely: increase the economic value of your production. This is the most ingenious of all strategies, but the road is not easy. You need to take a career, get a field with a more economically valuable tasks for the company, or become an increasingly respected experts in the field of economic value. improve the effectiveness of the work so you can save the resources you have.Thus opportunities utilizing the remaining resources. increase the resilience of work so production capacity increases. This method also opens new opportunities for the availability of resources you use. Of the three strategies, the most ingenious way was to make the economic value of your production continues to increase. Make this a destination (goal) key. Well, to be able to increase the economic value of your production, it would require an investment in that direction. For example through learning, through efforts to increase career, or a radical having its own high-value products for market. The only way that you can invest in that direction is to save the rarest of resources, namely: TIME. Time is actually the most expensive resource. By that time you could invest 'sharpen ax' (remember the story of loggers who work harder but the result of diminishing returns due to increasingly blunt ax, forget honed), which sharpens your ability to be more productive. By that time you also can design a 'new product' that is expected to have greater economic value than you earn now. To save time it can be done by way of becoming more effective, more efficient, or increase the working capacity. The story of two security guards The story is adapted from a true story. The first security guard working at a large company. While working at night, when you're not around, he made a scribble design wood carving, I think, like wood ducks. When not working, he realizes the designs and sell them through consignment to the big stores. For long products are increasingly sold and he became famous. Finally after having a pretty good rotation, he decided to open their own store gift (gift). Finally he has a gift shop in Plaza Indonesia and Kemang. He resigned from the company where he works. Pak security guard uses his time flexibility (without reducing the quality of work being carried) to the opportunity to make higher value products economically.Finally fortune acquired through business gift. We can see that the end goal is a higher Economic Value. All he did was to use the remaining production capacity, which is free time to design the carving and make it happen. The second security guard working for a company that medium. As with the first security guard, he used the time remaining (remaining capacity) to study computer design. Apparently he was gifted. Eventually he moved the work to become a graphic designer. Economic value of the new jobs are valued more highly than job security. Income increases. We can see that the two security guards managed to increase revenue by leveraging TIME remaining from the production capacity that he has. The first security guard managed to make their own products, and move into the boss of his own business. The second security guard managed to master new skills that match their natural talents. Both managed to achieve a higher economic value. The key is the availability of free time. It is time for your most expensive possessions. You can use the spare time to 'sharpen the ax' You'll be sharper, get new ax sharper, or search for a new, more valuable trees. Summary: Continue to increase the economic value of your product. Use the remaining time of your production capacity. If you feel short of time, then increase the effectiveness, efficiency, or durability of your work so that it gets free time which is the most scarce resource.