The Power of Leverage
Leveraged
income can be defined as the income derived from the efforts of others.
Unfortunately the majority of people in the world today earn a linear income,
which basically means that they trade their time for money and unfortunately no
matter how clever they are or how high their hourly rate, they are still
restricted to only 24 hours in a day and therefore a limited earning potential.
Leverage on the other hand, allows you to use the time and efforts of others to
create an income. By learning to leverage your time, you can financially
benefit not only from your own efforts, but from other people s efforts as
well.
I would rather earn 1% of 100 people s efforts than
100% of my own efforts
John Paul Getty
(American Billionaire)
The
question then comes.
How Can You Leverage On Other
Peoples Time & Efforts?
Consider
this simple calculation:
If
you’re working 8 hours a day, 5 days a week and 50 weeks in 1
year
1
person × 8 hours × 5 days × 50 weeks = 2,000 hours in 1 year
Suppose
you’ll be working only a maximum of 40 years all throughout your life (25 years
old ~ 65 years old)
2,000
hours × 40 years= 80,000 hours !!
Imagine
if you are paid $8 per hour, $10 per hour or $12 per hour respectively.
$8 ×
80,000 hours = $ 640,000
$10 ×
80,000 hours = $ 800,000
$12 ×
80,000 hours = $ 960,000
The
figures above could only be your maximum income potential for the next 40
Years !! Now how much do you think your Dream House cost? Your
Dream Car? Or Vacation with your family abroad, Or education for
your kids.
Even if
you get your dreams at this rate, will you be able to enjoy at such an old age
60?
Then what
is really the secret to financial freedom? Simple, it is by
“MULTIPLYING OF TIME THROUGH OTHERS” (MOTTO)
Let’s
consider again the simple calculation above, but this time, let us multiply
your time to 10 people who will be working for you.
10 People
× 8 Hours × 5 Days × 50 Weeks × 4 Years = 80,000 Hours !!
Take a
careful look at the computation above. If there are 10 people working
under you, you actually accumulate the same 80,000 Hours as when you’re
only working alone. The BIG DIFFRENCE is time, you will only do it for 4
years instead of 40 years. You’ve just practically saved 36 years
of your life !!
“Therefore,
it is not only a matter of money you EARN, but also the time that you SAVED”
Does this
mean you should quit your job tomorrow and start your own business? Well if you
have a solid referral base, a good understanding of cash flow, management
skills and the capital to get you started, you might consider it. Unfortunately
the majority of people are not in this position. The good news is that today
there is a business opportunity that allows you to use the power of leverage
without having to quit your current job, or require a substantial up-front
investment. This is the power of network marketing.
Not only
does network marketing allow you to benefit from the work efforts of others but
it also earns you a residual income, the kind of income that when you walk
away, it continues to pay you. Because network marketing uses both the power of
leverage and a residual based income it is now being recognised and endorsed by
many business leaders in the world today.
If I lost everything and had to start again, I
would find myself a great network marketing company and get to work!
- Donald
Trump, on the David Letterman Show
Network
marketing is no longer something to joke about, it is creating more
millionaires today than the dot com boom industry did before the bubble burst.
This is the reason why respected entrepreneurs like Warren Buffet, Donald
Trump, Robert Kiyosaki, economic forecasters like Paul Zane Pilzer and life and
business coaches such as Dr. Denis Waitley are all recommending this proven
system. In fact there are about 150 000 people just like you, joining network
marketing every single week.
Traditional
businesses fall into the trap of developing and training people, just for them
to move on to starting their own business and become a direct competitor. One
of the main advantages of the network marketing business model is that it
allows you to help others succeed without creating competition, instead you get
to leverage off the success of others, ultimately contributing to your success.
Better
still is the fact that you don t need a university degree or large capital to
get started in the industry. Network marketing offers the power of leverage to
earn a residual income to anyone who is willing to succeed.
As with
any business opportunity, in order to be successful you find that timing is
half of it and execution is the other half. If you're looking for the right
business opportunity that allows you to capitalise on both the power of
leverage and growing market trends to create a powerful residual income then
network marketing is the answer you have been looking for.
