Natanong mo na ba 'to : How
is it that some people earn incredible amounts of income working only
part time and even much less , while a lot of people spend a lot more
than a third of their time working yet still barely have enough to
scrape by ? ? ?
Do you know the answer to this? Well if you do , CONGRATS!
Understanding how other people build wealth and financial freedom will
give you the power to do the same , if you choose to.
The answer to the question is the fact that the individuals who make
more money in less time understand the power of leveraged incomes ! People have found ways to leveraged their time and efforts in order to earn enormous amounts of money WITH MINIMAL EFFORT.
Probably the most basic and typical ways to leverage ones income is by owning a
business . Have you ever asked yourself why business owners are among
the wealthiest people while it is the employees who do all of the work ?
If You Happen To Be an Employee, You Are Trading Your Valuable
time FOR MONEY. This is of course fine for making a living, however it
is not good enough for anybody who would like to create wealth. Why ?
Because in order to create wealth you cannot have a limit on your income
, but anytime you trade your time to earn a salary , you are very much
limiting your earning potential.
However business owners are not limited simply because they understand the
power of leveraged income . They know that to be able to earn a massive
amount of money , they need to increase their leverage . They do this by
utilizing employees to bring money into the business while paying them
much less than the value that they produce .
There are other ways to leverage yourself if you want to earn money is a
much more effective fashion. Network marketing business is an excellent example. Most people know that network marketers can earn six or even seven figure incomes yearly , and the answer is LEVERAGE .
You can also leverage your income by utilizing new technology. As an example ,
the internet has created many new vehicles for wealth . The most popular
way to leverage my income on the internet is to create websites that
generates income for you.
Having your own website is better than having an employee because websites do
not sleep , they never get tired , and they can work and generate income
for your night and day . I took time to create a number websites , and
now I earn more with little or no work . Awesome right? This is the
beauty of Leverage!!
But regardless of what route you take, always remember that the power of
leveraged incomes can provide you with the power to rise above the
mediocrity that the majority of people experience throughout their lives
.
Find ways to leverage your time , effort , and income so that you can enjoy
earning huge amounts of money and still have plenty of time and energy
to enjoy life to the fullest.