Apply Leverage in the Form of Time and Money the Right Way!

Apply leverage in the form of time and money the right way in order to make the most out of your project. This should be your primary goal if you want to be wealthy and free.

There is a simple difference between self-employment (where you are doing all of the work) and owning a business (where you don't do any of the work) to collect a steady income. It's all about how much money and time leverage you apply.

Of course, when you first start out, money probably isn't going to be one of your most readily available sources of leverage. That is why you start out with your time, building your money making machine and fine tuning it into an automated marketing and selling machine. Once you build up some capital from your earnings, you can use that money to hire employees, create mechanical processes that do the work for you, and streamline everything to work automatically on its own.

Money is a great tool when learning how to apply leverage because you can use it to add a lot more leverage into your project and start freeing up some of your own time. As you start making money from your business, don't just spend the money on personal expenses. That money should be used to add leverage to your project to help your project grow. In fact, that is one of the core principles of making money. If you blow the money on other things besides your business, you will never be able to free up your time.

For instance, if you hire someone to advertise a product or service for you, you are paying them to do work that you now don't have to do. Don't pay that money out of your own pocket. Use your time at first to market and sell your own products or services until you make enough money from sales to pay someone to do that for you. As you make more money when your advertising is reaching more people, use more money to pay someone else to make the product or provide the service and to market them for you. If you apply leverage by hiring one person who can do all of the same things you can do, that frees up more of your time because you don't have to do the work and literally doubles your efforts with the same required effort by yourself.

Either way you want to look at it, most leverage comes from money. You can use your money to pay for legal advice, financial advice, or to purchase more assets that can make you cash flow, anything that will direct you to making more money.

Below is a Chart Example of Time vs Money Leveraging

In the chart above, you want to be in the Maximum Leverage Position you can in order to make the most money from your one-time efforts. If you are in the Minimum Leverage Position of the chart, you need to work on more ways to apply leverage with your money to free up your time.

That is how to properly apply leverage in the form of money - you pay money and don't have to do the work yourself. You pay money so you can add more money making assets to your portfolio. You pay your earned profits towards assets that are going to make you more profit. For instance, if you are working at a job as an employee, your boss learned how to apply leverage. He hired you to do the work he didn't want to do and is paying you a little bit of money for your time and efforts. That applied leverage is making his company more money than he is paying you to make.

Adding to your network using Networking Principles is one of the greatest ways to apply leverage to your project to get more money from your project.

(C) 2007-2011 Copyright by Global Niche Services, LLC and Jason W. Moser. All rights reserved.



Website designed, developed, and managed by Global Niche Services, LLC.

SBI!