Leverage
What do you think wealthy business leaders do or have that enables them to accomplish so much more than the average? I believe these leaders are successful as a result of what I call Leverage. Leverage is the key to maximizing and multiplying our potential for success and financial achievement. Here are three examples of leverage you may develop to achieve financial independence.
First, become an expert in your chosen field. Read all the books, take all the courses and listen to audio programs that will lead you to your goal. Second, specialize in those areas that are of greatest importance and greatest value to your business and to your customers. And the third key is, know your product or service inside out. Aim to be recognized as the industry expert in your field. Remember the person who has the expertise has a far greater contribution to make than the person whose knowledge is just average.
The second type of leverage is skill. The better we are at our job, the more we will earn and be paid. The top twenty percent of salespeople earn as much as ten and fifteen times the average earnings of the bottom eighty percent. There are three keys to developing the leverage of skill. First, make a decision to be the best at what you do. Pay any price. Make any sacrifice. Go any distance to become excellent at what you do. Second, engage in continuous and never ending improvement. Never allow yourself to become satisfied or complacent at your current level of skill. And third, always strive to exceed the expectations of your customers, your boss, of the people you serve. Always do more and better than you are paid for.
The third type of leverage is money. Money is a powerful source of leverage and usually follows the development of knowledge and skill in our field. One of the reasons that it takes money to make money is that the accumulation of funds is an essential step in the development of the personal qualities and character that must precede the achievement of financial independence. In other words, you become the person capable of becoming financially independent by accumulating the funds that are necessary for you to achieve it.
Here are two excellent things you may do immediately to put these ideas on leverage into action. Resolve today to become an expert in your chosen field. Set it as a goal, make a plan and work every day to become a little bit better in the most important things you do.
Then develop the habit of saving money out of every single bank deposit or paycheck. It was once said that, “If you cannot save money, the seeds of greatness are not in you.” The very act of regular saving changes your character and gets you ready to achieve financial independence.
“Remember, Success is Always Within Reach”
#terryogburn #Business #entrepreneur #Business Development #Business Sales #business coach #business coaching
First, become an expert in your chosen field. Read all the books, take all the courses and listen to audio programs that will lead you to your goal. Second, specialize in those areas that are of greatest importance and greatest value to your business and to your customers. And the third key is, know your product or service inside out. Aim to be recognized as the industry expert in your field. Remember the person who has the expertise has a far greater contribution to make than the person whose knowledge is just average.
The second type of leverage is skill. The better we are at our job, the more we will earn and be paid. The top twenty percent of salespeople earn as much as ten and fifteen times the average earnings of the bottom eighty percent. There are three keys to developing the leverage of skill. First, make a decision to be the best at what you do. Pay any price. Make any sacrifice. Go any distance to become excellent at what you do. Second, engage in continuous and never ending improvement. Never allow yourself to become satisfied or complacent at your current level of skill. And third, always strive to exceed the expectations of your customers, your boss, of the people you serve. Always do more and better than you are paid for.
The third type of leverage is money. Money is a powerful source of leverage and usually follows the development of knowledge and skill in our field. One of the reasons that it takes money to make money is that the accumulation of funds is an essential step in the development of the personal qualities and character that must precede the achievement of financial independence. In other words, you become the person capable of becoming financially independent by accumulating the funds that are necessary for you to achieve it.
Here are two excellent things you may do immediately to put these ideas on leverage into action. Resolve today to become an expert in your chosen field. Set it as a goal, make a plan and work every day to become a little bit better in the most important things you do.
Then develop the habit of saving money out of every single bank deposit or paycheck. It was once said that, “If you cannot save money, the seeds of greatness are not in you.” The very act of regular saving changes your character and gets you ready to achieve financial independence.
“Remember, Success is Always Within Reach”
#terryogburn #Business #entrepreneur #Business Development #Business Sales #business coach #business coaching