In today’s economy it’s fairly standard for both the husband and wife to work in order to make ends meet. Often times even with both incomes coming in, it can still be a struggle to get ahead in life, live free of debt, and enjoy the things that we deem important to us. Before writing this article I did a little test of sorts, I asked 3 people to tell me the top 5 things that were important to them, things they were passionate about, wanted to achieve etc.
I got the typical answers that you might expect, you may even relate to a few of them yourself, and I’ll list them below.
- Travel (and the time to travel)
- Health and working out
- Security
- To pay off their house
- College tuition for one child (guess the other one’s are on their own!)
- Pay off their credit cards
- Lose weight
- Start a business
Now these seem like pretty good goals to be working toward, most of them make sense don’t you think?
Now I asked them next, where they were in their journey to achieving these goals, can you guess the answer? For some reason, they didn’t seem to be achieving any of them with any degree of success, I mean sure each month they were paying down their mortgage and one had managed a trip to Hawaii last year, but overall things seemed to have stalled a little bit for each of them.
The next question I asked got me a few blank stares, and odd looks. I asked what they had done yesterday to take them closer to any of those goals. How about within the last month? Year?
Amazing! These people had listed off some of the things they thought would be most beneficial to their lives, and yet had done almost nothing to bring them even a little bit closer to the goal.
It’s important to not only have a vague idea of what it is you find important to you and your family, but also to write it down, measure it, improve upon it consistently so that over time, you’ll come to realize your goals and dreams as reality.
I think for many of us, we get into the routine, and have a hard time breaking out of it until something happens to either change our thinking or to force us out of our current situation. You know that routine I’m talking about, it’s been taught to millions upon millions of us, and is unfortunately not to our benefit, but to our detriment.
It goes something like this:
Go to school, get good grades and graduate.
Go to college or university and get good grades again.
Get a job with a reputable company that pays decent.
Work 40 hours a week, for 40 years.
Retire
Try to live off of 40 % of what you couldn’t live off in the first place!
Sound familiar?
This is the worst possible business model for you as an individual. Trading hours for money is very ineffective, and leaves very little room for growth. You’re limited to the number of workable hours in a week. Even if you chose to work 12 hours a day, 7 days a week, you will still only be paid for 84 hours each week. Personally it doesn’t sound very attractive to me.
There is a better way to make money, and the people who have money have figured it out a long time ago, it’s called leverage. Leverage can be a powerful thing for you, and opens you up to a whole new way of looking at money, and what that money can in turn do to push you closer to your goals, and what you’ve decided is important in your life.
Leveraging your time, now as we pointed out even working 7 long days you’d only be getting paid on 84 hours of work each week, but what if you could leverage that time? What would it look like then? Multi-level marketers and network marketers figured out a long time ago, that if you could get paid on the efforts of others then you could quickly multiply your earnings. In Internet marketing we have a similar method using affiliates, basically if we structure our business accordingly we can not only be working at the goal of selling our product, or products, but we can have literally hundreds or thousands of people working toward the same goal.
Would you rather go to work for 12 hours today to accomplish your goals, or would you rather have 12 people go to work for 1 hour, how about 120 people for an hour? It’s a bit of a no brainer if you ask me, and no matter what it is you do, you should always try to find ways to use leverage to your advantage.
Leveraging your money is another great example of how certain people make a living smarter rather than harder. Warren Buffet has managed to amass a huge fortune simply by leveraging the money he has to work with. They say it takes money to make money, and there is at least a little bit of truth in that, in that if you have money to use as collateral you can borrow even more money, and make that money work for you, creating even more wealth for you. Remember, leveraging money is a great way to generate income, but you should be knowledgeable about the type of investing you are planning.
I think it’s important to look for the leverage in each of our lives, and businesses and utilize them to our advantage. It may take a bit of extra work for me to see if a PPC (pay per click) campaign that I’m using to drive traffic to an affiliate offer is working, but for me, if I can find that magic ratio, where I know I’m spending $1.00 and making $1.50, then it’s well worth the time invested because I can simply scale things up and give myself a raise!
I wish all of you reading this the utmost in success, and it is my hope that after reading it, you’ll write down your list of important things in your life, and the steps you need to take to get you there.
If your goal is to get into shape, list ten things you can do to achieve that goal, and then start implementing them into your life!
Thanks for reading
Warren
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