Edition 20 - Learning Vs Earning

Welcome to the 20th edition of our weekly newsletter! This week, we’re talking about something we have learnt in our short business journey: Learning vs. Earning.

In the fast-paced world of business, especially among young entrepreneurs, there’s often a strong focus on immediate earning. The allure of quick profits and financial success can overshadow the importance of learning. However, by prioritising learning over earning, you could set yourself up for even greater financial success in the long run.

When you’re focused on earning, it’s natural to want to charge a higher price or rate. After all, more money means more success, right? While there’s nothing wrong with valuing your time and expertise, this mindset can sometimes limit your opportunities. Clients who pay top dollar often expect to extract as much value as possible from your services, which can lead to short-term engagements with little room for growth or future collaboration.

On the other hand, when you focus on learning, you’re investing in yourself and your future. You are extracting value from everyone else, and learning about how they became successful or how they run a successful business. This might mean charging less than you know your product or time is worth, or even working for free in some cases. While this may seem like a sacrifice, it’s actually an investment. By taking the time to learn, you develop skills, gain experience, and build relationships that can lead to more opportunities down the line.

In our own business journey, we’ve been fortunate to work with high-value individuals who run multimillion-dollar businesses. These opportunities have taught us an invaluable lesson: instead of trying to make a little extra money by charging more, we’ve found that we gain much more value by ‘undercharging’, overdelivering, and focusing on building strong relationships, we’ve been able to connect with experienced and knowledgeable people and learn from them and their success.

These relationships have not only provided us with insights and guidance but have also opened doors to future opportunities that far exceed any short-term financial gain. It’s this approach—prioritising learning and relationship-building over immediate earnings—that has helped us grow and thrive.

The key to long-term success in business is understanding that learning and earning are not mutually exclusive. In fact, the more you learn, the more you can earn. By honing your skills, gaining knowledge, and building a network, you’re positioning yourself for future opportunities where your value—and therefore your earning potential—will be much higher.

In business, playing the long game often yields the most significant rewards. By focusing on learning in the early stages of your career, you set yourself up for success that goes beyond the immediate financial gain. Remember, the skills and knowledge you acquire today are the foundations of your future earning potential.

Until next week,
Linx Media Team