Almost all successful individuals understand and have adopted the use of leverage to accelerate their success. You may become successful without using leverage but, you if you aren’t using it, that means you are willing to compromise the level of success, speed, and time necessary to achieve your goals.
I remember reading Robert Kiyosaki's book "Rich Dad Poor Dad", where he briefly explains what leverage means and how leverage can help us become rich. And in one of his books, Retire Young Retire Rich, Robert Kiyosaki even tells us how to use the power of leverage and what benefits you can get from using it.
This is how Robert Kiyosaki defines leverage.
"In the broad definition of the world, the word leverage simply means 'the ability to do more with less'. When it came to the subject of work, money, and leverage, rich dad would say, 'if you want to become rich, you need to work less, and earn more. In order to do that, you employ some form of leverage.' He contrasted that statement by saying, 'People who only work hard have limited leverage. If you're working hard physically and not getting ahead financially, then you're probably someone else's leverage.' He also said, 'If you have money sitting in the bank in your savings account or retirement account, then others are using your money as their leverage.
My rich dad said, 'People with leverage have dominance over people with less leverage.' In other words, just as humans gained advantages over animals by creating leveraged tools, similarly, humans who use these tools of leverage have more power over humans that do not. Saying it more simply, 'leverage is power'."
So now that you understand what the word leverage means, you need to make use of tools to leverage from your work. Now, with the help of the internet and computers, you can achieve many things especially to make more money. As you can see, more and more leveraging tools are being created every single day. Those people who can adapt and use these tools wisely will move one step forward than those who don't know to benefits from these tools. If you're not learning to use all these leveraging tools, you will fall back financially or will be working harder and harder just to keep up.
By going it alone, you are without leverage. You will have to rely on your own time, contacts, experience, expertise, money, and other resources. This is a painfully slow way to proceed and it will limit and hinder your success.
Watch the video below, which explains the power of leverage.
One of the many key things I learned from multi millionaires in the Science of Getting Rich personal development program (visit http://Better-Person.com), is that there are only 24 hours in a day, and therefore there is only so much that I can do in this time. To do more, to achieve more, I have to leverage the efforts of others.
Online marketing businesses / network marketing businesses provide the easiest and ideal way to leverage the efforts of others. The compensation plans are designed to ensure that you earn more, depending on the success of your team members.
This is why I engage in a portfolio of carefully researched and selected online marketing businesses. Not only does this provide me with multiple streams of increasing income, but the more I leverage the more businesses I could join.
I encourage you to understand the power of leverage, and recommend that you start leveraging (if you are not already doing so, or leverage more if you are not leveraging enough). Over time, you will feel the significant impact and benefits of leveraging.
You could refer to the links on the right sidebar and review some of the online marketing businesses that I am engaged in, and you too could leverage the efforts of your team members and me.
I wish you all the very best, and hope that you achieve your goals faster through the power of leverage. I would be willing to share, guide and help you achieve your goals through leverage.
Warm regards & God bless,
Ancel Fernandes
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