If you’re reading this article, it means you are a person who wants to make more money in life.
Who doesn’t? Money is not everything in life, but it sure helps to decrease problems if it is used correctly.
Some people think that they don’t deserve to make more money in life. But you are different. You put effort in to change your life for a wealthier lifestyle.
If I say to you that it’s easy to make money instantly, that would be a lie right?
It’s not easy to make money immediately, but it’s worth the effort to put in to ensure that you will have more money to spend in future.
Contradictory to that, it’s easy to make money when you know the correct tools and strategies to apply for achieving it.
You may not be able to make more money instantly, but you can definitely make more money over a certain period of time with the proven strategies that I’ve used over and over again.
Here’s the one secret of making more money easily.
Use other people’s time, skill, talent, networks or money.
Don’t waste your time trying to figure out a solution if someone else already has the key to solve the problem.
In another word, don’t try to be smart and re-invent the wheel.
Is it ethical to ‘use’ other people’s resources?
Of course it is! As long as you are creating a win/win offer to that person and not exploiting them, I can’t see any reason why you should not be ‘using’ the resources that is available in front of you.
The rich call this LEVERAGING.
I call this a darn smart rich idea.
Most of the rich people use this secret in their life to make more money.
Some of rich are consciously using it, some are using leverage unconsciously.
Let’s look at multi level marketing leaders. They ‘leverage’ on their downlines to make them more money and work less
themselves. Of course, you can debate all you want about mlm industry but the power behind a successful mlm company and it’s distributors/business owners is by leveraging on the strength of duplication.
How about Fortune 500 companies? Do they use leverage?
Nike, Dell, StarBucks and all those companies leverage on their staff to make more money.
One of the best example of leverage is in the franchising business. Imagine, Ray Kroc the owner of McDonald’s franchise business.
He don’t has to ‘work’ because he has hundreds (or thousands!) of franchised McDonald’s restaurant across the globe that is paying him franchise fees annually.
Here’s another example.
I use the internet as leverage for getting my product to sell to a mass market overseas.
The tip here to make more money is to understand and learn how to use leverage so that it creates a win/win situation for everyone.
If you don’t leverage, you’ll be trading your time for money.
This way, you’ll be worn out fast and your output is equivalent to your input. That’s not really impressive if you want to make more money easily.
Look around you. See what you can leverage on in your business or job.
Copyright 2005 Patric Chan