How I Broke The Time For Money TRAP using LEVERAGE

6 replies
You hear it time and time again in here.

I hate giving away my time and earning $0. I have been there before.

I realised that one day, we are all going to die, yes! you, I, your family members, and our time is a precious commodity that can never be given back to us.

Now we all try to use our time wisely, and in business we all make mistakes, and also good choices too, but the best choice I ever made in business, without a doubt is to leverage my time for money.

LET ME EXPLAIN....

when I changed my mentality to using LEVERAGE in my business and using my time much more wisely I studied some of the top businesses and found something that took my business far and beyond anything before.

Instead of being a solider in the trenches doing ALL the work, you can be a general of the army, and learn to delegate. Not only do you get more STUFF done, but you income will increase also while you are WORKING LESS!, yes! you heard that right! WORK LESS, which is what we all want to do right! To enjoy life.

You see you can sit in your chair and create everything, ebooks, graphics, sounds, download pages, videos, scripts etc and do all work yourself, I mean every single bit of it. (100% of it) and you will make 100% of the profits. Which I think is cool, but you maybe up till 3am in the morning each night, and even at that rate it may take you years to get a product out there, and up and running.

I have studied several of the most successful CEO's and they all leverage their difficult jobs to talented employees, and it cut the work rate down, and things got done quicker and more efficiently.

Let me explain the key ingredients here, and I will use one of the best business examples I found today!.....

The company is : "HERSHEY candy bars"

Now you may or may not be familiar with this company but HERSHEY sell billions of candy bars around the world each year....yes.....billions!! But believe it or not, their profit for each candy bar they sell is only a penny or two at most.

But like I said, even though they make a penny or two on each candy bar, they still sell billions of candy bars each year. That is why the makers or hershey, mars, kitkat etc are able to post billions in profits each year, and they are able to pay their CEO's big bucks too.

Imagine if one or two people went out doing 100% of the work, trying to sell this amount of candy bars, that would be beyond impossible. They use leverage and sat down and worked out that things would get done quicker by using leverage and outsourcing.

I have tried it the hard way and tried to do everything myself, to earn 100% profits. It is ok, but not nearly as powerful as earning say 30% of 20 mens efforts. It is so powerful because that 30% is much more and work gets done quicker making it easier to leverage up even more, and so these days I spend less time working and earning more than if I just did everything myself.

LEVERAGE IN BUSINESS, is the most powerful thing I have every discovered. Once you open your eyes, you too will discover how this can take your business to the next level.
#broke #leverage #money #time #trap
  • Profile picture of the author Janice Sperry
    I think everything you said is true. It took me a long time to give up my "perfectionist" and "only I can do it the right way" attitude. I have a long way to go in delegating my work but I can see the tremendous benefits long-term.
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    • Profile picture of the author celente
      Originally Posted by Janice Sperry View Post

      I think everything you said is true. It took me a long time to give up my "perfectionist" and "only I can do it the right way" attitude. I have a long way to go in delegating my work but I can see the tremendous benefits long-term.
      one an average most people quit IM before they even start.

      of those who actually start never release a product cause they do all the work themself, and have to get everything PERFECT as you noted. Too perfect for them to even finishe it and release it.

      As my friend JOHN REESE once said, just get it out there, and re-fine and re-fine later on as he does, making he product better and better each time, like he did with his traffic secrets. :-)))
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  • Profile picture of the author Rory Singh
    Leveraging other people's efforts in things like residual income by building teams, works only if your team can 'duplicate'.

    If they can't then you are back to square one.

    I have people joining me every week.

    They come in saying things like - "This is the last business I'll ever do" ETC but most don't do a damn thing.

    Some do but most don't.

    However, if you are a producer yourself, you will attract producers to you and Leverage will be key.
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    • Profile picture of the author celente
      Originally Posted by Rory Singh View Post

      Leveraging other people's efforts in things like residual income by building teams, works only if your team can 'duplicate'.

      If they can't then you are back to square one.

      I have people joining me every week.

      They come in saying things like - "This is the last business I'll ever do" ETC but most don't do a damn thing.

      Some do but most don't.

      However, if you are a producer yourself, you will attract producers to you and Leverage will be key.
      This is true, and once you get your head around it, you will attract more people and better quality people to do the things you need to do, so you can work ON your business and not IN your business...these days most people are working too hard IN their business to work on it, if you know what I mean.
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  • Profile picture of the author aurettemag
    Yes i agree with you. Most successful people is good at using leverage: money, Idea, Works, ...
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  • Profile picture of the author dengkane
    Good point, and interested in the offer in your signature, will PM you.
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