What is Leverage? Why is it Important?
What is leverage?
- A simplified way of explaining is: use a low input to create a high output.
This concept of leverage can be seen with many aspects in life with the most popular being money.
Taking the "use a low input to create a high output" concept, you use a small amount of money and you make that money work for you so that it becomes a larger amount of money.
Many people don't know that money can actually work for you. Instead, many people work for money.
INVESTMENTS
Another form of leverage is time.
We all have a finite amount of time. Sure, some people live longer than others. But the point is that it is 100% guaranteed that we will not live forever.
So why not LEVERAGE our time! This can be done using a proper network.
We all have 24 hours a day. So if ONLY YOU work all day, the most you can work in a day is 24 hours.
But what about if you have a team of 5 people, including you. Say each person works 5 hours in the day. 5 hours x 5 people = 25 total hours worth of work in a single day!
That's 1 hour more than if you were to work the whole day by yourself!
Why is that so amazing? When was the last time you worked for a full 24 hours non-stop? When was the last time you worked 5 hours non-stop?
You see? It is more likeley for people to work a shorter amount of time. This being said, working a shorter amount of time is a lot better when you have the network to leverage the time worked.
Leverage is a powerful tool everybody!!
---- Are you leveraging your resources? ----
Best Regards,
Anibal Mijangos
www.anibalmijangos.com
Great post. I'd love to see more on this topic.
Followed :)
Thank you! I'll make a video soon about this topic :)
Nicely put. I followed you and hope for more great content
Much appreciated! Thank you very much!