If you are cricket fan (even if you are not!) you would have seen Gautam Gambhir being paid Rs. 11 crores + and some other numbers like:
Yusuf Pathan: 2.1 Million Dollars, Saurabh Tiwary 1.6 M $, Robin Uthappa, Kevin Peterson, Dumminy, Dravid, Brett Lee…all being paid millions of rupees, if not millions of dollars.
Does this take you to one question:
How is it that Gautam Gambhir is being paid more for 40 days of cricket than all the teachers of my school put together get paid for the whole LIVES?
Have you ever wondered? After all who adds more value to the kids? Teachers or Cricketers? In fact the amount of Rs. 11 crores is greater than the networth of all the teachers of Gautam, is it not?
Welcome to the world of compensation!
The amount of money that Gautam makes is because of the impact that he creates through the media. THE POWER OF LEVERAGE.
One teacher impacts 30 kids in a classroom. A doctor (a GP) can see 20 patients a month. At best he/ she can see 1000 patients a YEAR (forget the double counting) whereas a cricketer’s actions are taken across 100 million people. It goes on the net, on television, then there is print media, mobile, …so the IMPACT that Gautam creates is on millions. So GG gets paid more than a teacher who does not leverage. Or a doctor who does not leverage.
For a doctor to earn money he / she has to LEVERAGE (like Dr. Reddy), and for a teacher to leverage she has to set up an academy, employ more teachers, start teaching on the net, do voice supported coaching, create web enabled content, create more teachers who will use his or her content.
Once the doctor and teacher do all this, then they can compare their earnings with GG.
Remember Gautam can only bat. He cannot create the ground, sell tickets, give commentary, do PR, be his own coach…etc. etc. It is an era of specialisation.
So if teachers team up, create their own BUSINESS…that would be LEVERAGE!!
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