Most people think they need to work harder in order to make more money.  This is the farthest thing from the truth and the best kept secret on the planet.

The truth is that the way to turn on your money channel is to turn off the TV channel.  You will never hear what you need to know from the traditional press.  It’s not their fault, they are only trying to turn on their money channel.  You don’t have to turn the TV on to be able to recognize the model that it uses which is leverage.

Leverage is the best formula to rev up your income.  Once you learn how to leverage your time and energy, money flows easily and effortlessly into your life.

What most people have been taught is to trade time for dollars.  A simple explanation of this concept is being paid by the hour, receiving a salary or working for a specific amount per client or sales transaction.  Whether you receive $10 per hour or $10,000 per transaction, you still are trading a specified amount of your time for a “specified” amount of money.

Leverage is using the same amount of energy (time) to multiply the output (result or return).    Here’s an example.  Let’s say you make $10 an hour performing a task.  You pay 8 other people $8 an hour to perform the task and collect $2 per task.  You have just leveraged your time and made $2 per task 8 times.  Although a simple example of leverage, you can see how the television station is doing this by reaching millions of people through advertising or “bad news” through one hour of time.  This is a great use of leverage.

I can hear the naysayers already who are working for $10 an hour and cannot figure out how to get their boss to pay them to have someone work while they collect the $2 per transaction.

This is where the principle of entrepreneurship comes into play.  As long as you are on a fixed income – which is trading time for dollars for someone else, you will never be able to use the power of leverage.

Tomorrow we will see the power of entrepeneurship is the easiest way to leverage yourself.