Sunday, January 14, 2007

Footballer and Business Man Signs Lucrative Deal

David Beckham, the former England Captain is leaving Real Madrid for Los Angeles Galaxy, after signing a five-year deal worth $250m (£128m). His annual salary is estimated at $55 (£28m) when you include his sponsorship contracts, merchandising sales and so on, not a bad sum for kicking a ball.

The news of the deal has lead to an outcry from all quarters, on how ridiculous the deal is and that David signed the deal for the money. I think it is unfortunate that he insists not signing the deal for the money, because it some how infers that he has done wrong. My concern is for the idea that earning a boatload of money is wrong, especially when someone was able, willing and happy to pay.

Which leads me to ask the question, what is wrong with negotiating the best deal possible in exchange for your services? I find it is interesting that people would not admit to wishing they could broker such a deal for themselves, rather they pick at others for making and having so much money. They also seem to forget that situations as these are nothing but business deals, where the parties involved look after each other’s interest.

“Golden Balls” - as he the British tabloid call him – should be seen as a business man who understands the value placed on his talents, be it on the football field or on advertising boards. He is in effect doing what you should be doing, providing a valuable service and looking after your interests.

You, like David, are a business, the sooner you understand that the sooner you will start earning the type of money others dream of but cannot have. Businesses provide goods and or services; they also understand their value to the community, which is expressed in monetary terms.

A number of the people earning the type of money David earns got there by being good businessmen and women, and being the best person possible in their respective fields. I would suggest you do the same, if you would like to have the amount of money you wish for yourself. Instead of looking at these people enviously, look at them as a motivational tool.

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