Sarah Boyd

REFRAME YOUR BRAIN

The 9 most powerful questions to get perspective in a difficult situation

Why Your Emotional Intelligence Will Make You Money (& How To Increase It)


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Your level of emotional intelligence is going to equal your level of income.

There’s a famous story about a millionaire & his friend watching a trivia show on TV.

There was one particular contestant they were watching that was winning all the rounds. He was almost an encyclopedia of facts and figures.

The millionaire turned to his friend & said, “How much do you think I would pay that man if I hired him in my company.”

The friend thought for awhile & said, “Well I’m not sure. He seems really smart. Would you pay him well?”.

The millionaire replied, “I would pay him minimum wage. I don’t need someone who can tell me a lot of information that I can look up in books myself. I need someone who knows how to solve problems & influence people.” 

In today’s episode we’re talking about – Why your emotional intelligence will make you money, & how to increase it.

Your emotional intelligence (EQ) is your ability to intelligently read and respond to your own emotions, & to do the same with other people. 

Multiple studies have connected EQ with income level.

One study compared a group of people who scored high on EQ with those who scores were low. The individuals who scored higher EQ made an average income $29,000 per year more than those who scored low on EQ.

Another study even concluded that for every point increase of EQ there will be $1,300 increase per year in your pay packet. 

Your level of EQ in leadership is far more important than your knowledge or previous experience.

High emotional intelligence is equated to higher conflict management skills, increased influence with others, & empathy. 

Empathy is sometimes underrated in leadership, but it is one of the critical factors for you to increase your influence.

The famous leadership quote says:

“No one cares how much you know until they know how much you care.” John Maxwell.

Your ability to connect with an individual on an empathetic level & influence them forward is essentially what leadership is all about.

The great news is EQ is not a fixed trait – meaning you can learn about it & grow in it. 

HOW TO INCREASE YOUR EMOTIONAL INTELLIGENCE –

1 Decide your EQ is of value
 

You will only invest your time, energy and money into things you believe to be of value.

The first step in increasing your EQ is deciding it is an area that deserves your investment.

2 Make the investment

Find books, training seminars, talk to others who excel in this area.

Not only is a good personal financial investment, but it’s also going to significantly increase your leadership platform.

If you want to change people’s lives & influence them in a positive direction, you have to increase you emotional intelligence.

In the comments below, I’d love to hear from you:

What resources have you found helpful to increase your emotional intelligence in leadership?

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REFRAME YOUR BRAIN

The 9 most powerful questions to get perspective in a difficult situation.

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