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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: fatty who wrote (16627)2/4/2004 8:49:48 AM
From: GraceZRead Replies (3) of 306849
 
I'm fully ware that jobs have a market value. I'm sure many people had jobs where the market value was way above the IRR they added to the company and with others, as in your example, the market value was below, giving a very high positive IRR.

Judging from your example, it may be that an innovative way to market yourself in IT would be to say you will take no salary but negotiate for a percentage of the calculated savings. One of the most important aspects of negotiating pay is to know exactly what value you bring to the enterprise. This was easy for me in my business (my clients sell stuff) because I knew what profit my clients would gain from my services over doing something in house or sending it somewhere else. This is how I was able to make 150k/year on my own doing a job which has historically never paid more than $15/hour. I could go into a client's biz and tell them the exact amount that their profit would rise using me through no additional effort of their own. I always exceeded that estimate and I made sure they knew by exactly how much. What the out of work IT guys need to figure out is, how does one turn a job that usually pays 15/hour into a biz that pays 150k a year. Either that or figure out how to live well on $31,200.
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