> ...and why it is important to increase your value because the kind of value you provide will determine the kind of money you receive.

You were right on this. The amount of value you give or render goes a long way to determine the amount you will receive. Also one gets more respected when one has much more value to offer.
In other words, value is more than just money and attaining that high level of value requires time and perseverance and dedication. Just like you mentioned, it's a process.