Archimedes, the famous philosopher, inventor, and mathematician from ancient Greece once said:
"Give me lever long enough and a fulcrum on which to place it and I shall move the world."
Archimedes' statement has come to be what we mean by leverage. When you have the right lever and fulcrum, the sky is the limit on what you can achieve. You can get more done, in less time with, with less money!
Using Leverage To Build Your Home Business
There are several types of leverage, all of which can help you set up multiple streams of non-linear money and earn income from your computer:
1. Money Leverage involves investing money in such things the stock market, or real estate, or starting a home business. You're leveraging smaller amounts of money to make much more than your initial investment.
2. Information Leverage is when you plug into training programs or attend seminars or read articles and books others have written. You're using their creativity, ideas, opinions, and information to spark your own and possibly produce you own information which will pay you over time.
3. Time Leverage happens when you find ways to get more done in less time. For example, let's say you're in network marketing and you have a downline that needs training. You find an online training program that you can plug them into so you don't have to train each one individually yourself.
4. People Leverage is also best illustrated by network marketing where you sponsor someone into your business and they sponsor others, who go on to sponsor others, who go on to sponsor others. . . . The good news is that you make money off of all of these folks' efforts.
5. Technology Leverage is using all forms of technology to get your message out to masses of people. Obviously the leading edge of technology leverage today is the Internet.
For example, you can produce an eBook, film yourself making a presentation, record a live conference call or teleseminar, and write an article and post it on the Internet. For years to come this will potentially reach hundreds of thousands of people all over the world, without you have to leave your home.
2. Information Leverage is when you plug into training programs or attend seminars or read articles and books others have written. You're using their creativity, ideas, opinions, and information to spark your own and possibly produce you own information which will pay you over time.
3. Time Leverage happens when you find ways to get more done in less time. For example, let's say you're in network marketing and you have a downline that needs training. You find an online training program that you can plug them into so you don't have to train each one individually yourself.
4. People Leverage is also best illustrated by network marketing where you sponsor someone into your business and they sponsor others, who go on to sponsor others, who go on to sponsor others. . . . The good news is that you make money off of all of these folks' efforts.
5. Technology Leverage is using all forms of technology to get your message out to masses of people. Obviously the leading edge of technology leverage today is the Internet.
For example, you can produce an eBook, film yourself making a presentation, record a live conference call or teleseminar, and write an article and post it on the Internet. For years to come this will potentially reach hundreds of thousands of people all over the world, without you have to leave your home.
Using the five forms of leverage to build your home business is the fast, easy, and fun track to success!
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