Your time is one of the MOST valuable things in life.
You spend time on…
? Yourself (Physical & Mental Health, Growth, Relaxation, Recreation, Sleep, etc…)
? Your Relationships
? Making Money
? Planning Your Future
? Society – Helping Those Around You
You have a finite amount of time, and yet SO MUCH to get done.
For most people, the time spent making money is the biggest chunk.
So, it makes sense to find ways to improve the Time vs Money relationship.
Leverage – What It Really Means
When you hear the term, exchange Time for Money, that’s the reality of most people’s lives.
Money itself is a unit of exchange.
That’s why you learn that money itself is not valuable, it is what you can get in exchange for that money that is valuable.
For instance, the freedom to control your work or time, better food or health, education, opportunities to invest for returns or invest in ideas, and of course, material things – are all exchange units for money.
How you GET your money is also an exchange.
In exchange for an hourly, annual or per-project wage, you exchange so many hours of work.
Now we come to the IMPORTANT part!
Leverage Allows For More Output Units Of Exchange Than Your Inputs…
There is a 1:1 relationship between your Time and Money.
Leverage turns that into a 1:10, 1:100 or 1:1000 relationship.
Here are a few examples:
- A song writer spends 4-weeks writing a song, but then earns a royalty on that song forever
- An athlete spends 15-years intensively training and performing their skill, their brand returns them many times more over the next 40-years.
- An investor spends 40-hours of up-front analysis on his or her potential investment (stock, real-estate, currency, a company, etc…) and then earns a share for decades to come
While these are useful as examples, the level of practicality for the average person looking to employ leverage in their life over the short-term is questionable.
The one I PREFER and have used for decades now is Product Creation.
Simply said, you spend some up-front time packaging advice, knowledge, experience and help but then sell it over-and-over again for decades.
The return on this leveraged activity can EASILY blow past 1:1000 – assuming you know what you are doing.
Inside 30 Day Product Profit System we share the step-by-step formula for turning information into leveraged, high-profit digital products in just weeks.
Here’s a quick, real-life example to illustrate.
I recently assisted a Personal Trainer turn 20+ years of experience into an online course where they could FINALLY stop trading their time (scheduled sessions in their local gym) into Global, Recurring, Leveraged income.
This was critical as the family had to move and he was afraid he would lose 20+years of income based on hard-work and local relationships.
So, leverage is not JUST getting more units of Money for Fewer Units of Effort…it’s also about expanding the reach and scope of your effort to a much broader customer base AND being able to do that from anywhere living almost ANY lifestyle.
The wealthy and successful MUST think in terms of leverage…there is no other way they reach their levels of scale, activity and money.
Sooner or later, if you have ambitions to grow your wealth, influence and financial independence you MUST also understand and employ leverage in your life.
To get the upper hand on leverage starting TODAY – head over to 30-Day Product Profit Formula and discover how to package information, knowledge and answers into HIGHLY leveraged digital products you can sell over-and-over again.
