Comments on: How Todd made $13,000 in 5 months, doubled his salary, and turned down a $25,000 raise http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 21 Mar 2010 02:45:13 -0700 http://wordpress.org/?v=abc hourly 1 By: Jeannette http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-104107 Jeannette Fri, 24 Jul 2009 01:40:56 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-104107 Inspiring story! Thank You for sharing Todd and thank you for posting Ramit. Certainly a great motivator to live an incredible life on all levels. Love it! Inspiring story! Thank You for sharing Todd and thank you for posting Ramit. Certainly a great motivator to live an incredible life on all levels. Love it!

]]> By: Shingo http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-99807 Shingo Fri, 29 May 2009 20:41:34 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-99807 That kicks ass! That kicks ass!

]]> By: Bruce’s Money Rants » Blog Archive » Man Makes $13k in 5 Months, Doubles Salary, and Turns Down $25k Raise http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-97713 Bruce’s Money Rants » Blog Archive » Man Makes $13k in 5 Months, Doubles Salary, and Turns Down $25k Raise Sat, 09 May 2009 21:57:18 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-97713 [...] Teach You To Be Rich recently published an article about an e-mail a reader had submitted entitled How Todd Made $15,000 in 5 months, doubled his salary, and turned down a $25,000 raise. Todd recounts how he took his employer up on every possible training opportunity, worked more [...] [...] Teach You To Be Rich recently published an article about an e-mail a reader had submitted entitled How Todd Made $15,000 in 5 months, doubled his salary, and turned down a $25,000 raise. Todd recounts how he took his employer up on every possible training opportunity, worked more [...]

]]> By: Srinivas Rao http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-97264 Srinivas Rao Tue, 05 May 2009 18:02:50 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-97264 Great story. It makes us realize the economy is ripe with opportunity even though people are crying about how bad it is. Great story. It makes us realize the economy is ripe with opportunity even though people are crying about how bad it is.

]]> By: Lenny http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-96992 Lenny Sat, 02 May 2009 23:17:53 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-96992 How can we verify the authenticity of "Todd" and his "Rags to Riches Beat Cancer, Doubled Wealth" Story ????? How can we verify the authenticity of “Todd” and his “Rags to Riches Beat Cancer, Doubled Wealth” Story ?????

]]> By: Omar http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-96159 Omar Sun, 26 Apr 2009 13:48:46 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-96159 Very inspiring. I'm happy for you bro. This definitely motivates me to continue to make moves to enhance and better my future. Outstanding post!! Very inspiring. I’m happy for you bro. This definitely motivates me to continue to make moves to enhance and better my future. Outstanding post!!

]]> By: Jennifer http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-96127 Jennifer Sat, 25 Apr 2009 23:36:17 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-96127 Todd, dude, you ROCK!! Congrats on your success! Your story is really motivational and meaningful. Todd, dude, you ROCK!!

Congrats on your success! Your story is really motivational and meaningful.

]]> By: Man Makes $13k in 5 Months, Doubles Salary, and Turns Down $25k Raise « Bruce’s Money Rants http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-95878 Man Makes $13k in 5 Months, Doubles Salary, and Turns Down $25k Raise « Bruce’s Money Rants Wed, 22 Apr 2009 18:18:06 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-95878 [...] Teach You To Be Rich recently published an article about an e-mail a reader had submitted entitled How Todd Made $15,000 in 5 months, doubled his salary, and turned down a $25,000 raise. Todd recounts how he took his employer up on every possible training opportunity, worked more [...] [...] Teach You To Be Rich recently published an article about an e-mail a reader had submitted entitled How Todd Made $15,000 in 5 months, doubled his salary, and turned down a $25,000 raise. Todd recounts how he took his employer up on every possible training opportunity, worked more [...]

]]> By: Bruce Ziebarth http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-95873 Bruce Ziebarth Wed, 22 Apr 2009 17:37:58 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-95873 Rammit, Thank you for sharing this story. Todd has illustrated how globalization and the United States move to a knowledge based society has returned power to the worker. If we are willing to go out, expand our knowledge, and deliver more than expected, we will be recognized. That recognition may not come from our current employer, however, it will be noticed by someone. Todd's story also illustrates the need for companies to shift from the addage that "there is always someone needing a job". That is true, especially now, there is always someone looking for a job. But, are they the best person for the job. Would the company not be better off to spend more money and time retaining effective employees than spending precious resources recruiting new ones? Here is a good example. I was recently speaking with a former General Manager of a Sebarros Pizza restaurant. He had at one time been over all Sebarros stores in North America. After two heart attacks decided that being on the road 300 days a year was too much and took a demotion. He had an interesting story about the cause of Sebarros current bankruptcy. He stated that after Sebarros went public the new CEO replaced a large number of upper management with his personal associates. Often, these new employees made more than the people who had held those positions for 20+ years. These extra expenditures were offset by hiring younger employees for general management positions within the stores. These new General Managers were not experienced in running a restaurant. They would not make higher ticket food items until they were ordered because they feared their food cost going up by throwing these items away. This particular store was in a high traffic mall. Customers did not have time nor did they want to wait. They would buy the lower ticket items that were readily available. While the number of customers actually increased the store's revenue went from $21,000 a month to $9,000 a month in two years. This illustrates the falacies that are costing US businesses their good employees and even causing bankruptcy. Todd's story illustrates how the american skilled worker can use these falacies to his advantage. I agree that you should not change jobs solely for money (unless you want to). However, it also is not a good idea to "go down with the ship" simply for comfort, nor can we wait till we are laid off or fed up with our current position to expand our personal knowledge. Rammit,
Thank you for sharing this story. Todd has illustrated how globalization and the United States move to a knowledge based society has returned power to the worker. If we are willing to go out, expand our knowledge, and deliver more than expected, we will be recognized. That recognition may not come from our current employer, however, it will be noticed by someone.

Todd’s story also illustrates the need for companies to shift from the addage that “there is always someone needing a job”. That is true, especially now, there is always someone looking for a job. But, are they the best person for the job. Would the company not be better off to spend more money and time retaining effective employees than spending precious resources recruiting new ones?

Here is a good example. I was recently speaking with a former General Manager of a Sebarros Pizza restaurant. He had at one time been over all Sebarros stores in North America. After two heart attacks decided that being on the road 300 days a year was too much and took a demotion. He had an interesting story about the cause of Sebarros current bankruptcy.

He stated that after Sebarros went public the new CEO replaced a large number of upper management with his personal associates. Often, these new employees made more than the people who had held those positions for 20+ years. These extra expenditures were offset by hiring younger employees for general management positions within the stores.

These new General Managers were not experienced in running a restaurant. They would not make higher ticket food items until they were ordered because they feared their food cost going up by throwing these items away. This particular store was in a high traffic mall. Customers did not have time nor did they want to wait. They would buy the lower ticket items that were readily available. While the number of customers actually increased the store’s revenue went from $21,000 a month to $9,000 a month in two years.

This illustrates the falacies that are costing US businesses their good employees and even causing bankruptcy. Todd’s story illustrates how the american skilled worker can use these falacies to his advantage. I agree that you should not change jobs solely for money (unless you want to). However, it also is not a good idea to “go down with the ship” simply for comfort, nor can we wait till we are laid off or fed up with our current position to expand our personal knowledge.

]]> By: S Patel http://www.iwillteachyoutoberich.com/blog/earn-more-negotiate-raise/comment-page-1/#comment-95870 S Patel Wed, 22 Apr 2009 17:01:31 +0000 http://www.iwillteachyoutoberich.com/?p=2496#comment-95870 Thats great Todd. Congrats! Thats great Todd. Congrats!

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