21st entrepreneurship!

 

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.