Topic 6.8. Take Advantage Of Leveraging

Take Advantage Of Leveraging

Apply the principle of accumulated advantage to building wealth. Leveraging is a key principle to wealth building. It will allow you to build wealth faster and easier, by making use of resources that are beyond your own. By leveraging, you will overcome road-blocks towards financial freedom brought about by your own personal limitations. Do not let your ego get in the way. Therefore, consider the valuable employment of other people’s money to help overcome the constrains arising from your own financial means; value and work with other people’s time, to help free you from the restrictions of an eight hour day; value and use other systems and technology so that you can be more effective with less effort and struggle; utilise marketing resources so that you can communicate with more people more effectively; collaborate with other people’s resources and connections, so that you can enrich a network beyond your own and bow to other people’s talents, expertise, and experiences, so that you can benefit from greater knowledge than you would ever have been able to before.

Leverage your time. Never use time as your excuse. Wedge dream projects into your current lifestyle, and commitments. Even if you crawl forward at 10-minutes each day, do something every day toward that end goal. When you go to sleep each night, rest yourself in the knowledge that you have done something that day, to move you closer towards your dream. At some time during every day, put one foot in front of the other towards that dream. Slow is better than never.