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Truly understanding this concept is what separates the poor and the middle class from the wealthy.
The poor will learn how to use enough leverage just to get by. The middle class will wait until they can look at their life and say "Gee, I think I'm comfortable" and then stop adding leverage to their lives. But the wealthy will keep adding more and more leverage throughout their lives to create more and more wealth. Wealthy people understand that creating wealth involves leveraging their time and money. And that's why they have a lot of poor and middle class working for them.
But what is leverage, really?
Well, my Thesaurus says it's: influence, power, force, control, pull, weight. Simply put, leverage is doing more and more with less and less.
Less of what? Less time, less effort, less energy, less worry, less investment.
More of what? More income, more results, more value, more free time.
If you're currently trading your TIME for MONEY, you can only exchange about 14-15 hours a day and only earn so much (and you're literally selling your life). But if you can LEVERAGE time and have "systems" set up that run on their own, there's virtually no limit to how much you can earn.
So... the true secret to living an abundant life is not to get a great job, but to learn how to leverage your life. This has obviously been made more and more possible by having the Internet at our fingertips...
Now there are certain forms of leverage that most people have absolutely no clue about. These are only used by a very small majority of every society who use it to live a life of abundance.
The funny thing is, the ones that don't know about this kind of leverage are taught to believe that these things are "too risky"! Ironically, that's exactly why they never become wealthy themselves.
How do you leverage Time?
Well, one of the most popular ways is to become a business owner - this is someone who leverages his time by having people work for him, and/or owns a network marketing business where they earn a percentage from other people's efforts (their downline).
The other way is to be an Investor - someone who uses money as leverage.
How do you leverage Money?
You let other people's money work for you.
* Your bank makes money with your money
* Your insurance company makes money with your money
* Your mortgage company makes money with your money
I think the movie "The Secret" holds many of the pieces to the puzzle many of us are after. After watching this film and implementing the techniques and suggestions, we started experiencing incredible benefits from our actions and thoughts. This is truly an amazing movie and I highly recommend it to EVERYONE! I have seen Bob Proctor and Michael Beckwith live and they make the hair on the arms stand up.
As far as specific business is concerned, I don't think there is one magic secret that will give you all the answers. I think that there are basics and fundamentals that will help you build a successful business. The proper mindset is the hidden key that many are looking for however.
Just think of the opportunity we have before us now. We have the world at our fingertips. Literally...the World Wide Web... more like the World Wide Cash Machine. Think of how many customers or clients we can offer our services too. Truly Amazing!
All we need to know is... What is the PIN number? Once we know that we can withdraw as much as we want. Well.....what is the PIN number you might ask?
Very simply... it is Online Marketing. If you can become a master at this, then you will never have to worry about your finances again. What I mean is Effective Online Marketing - not just throwing a bunch of money into the web and generating business like that. I mean using as little cash as possible to generate the biggest return. Yes, there are still costs associated with marketing of any sort. Whether the cost is time or money, there is always a cost. What you want to be is conscious of the returns you're receiving from your efforts.
The trap that many fall into, as I eluded to before, is that they run out of money before they figure out what works best. This is one of the biggest reasons that you should always go into a new venture with someone who is already doing what you want to do. They can provide the help and guidance that can make the difference between success and failure.
