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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 power behind a successful mlm company and it's distributors/business owners is by leveraging on 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 best example of leverage is in franchising business. Imagine, Ray Kroc owner of McDonald's franchise business.
He don't has to 'work' because he has hundreds (or thousands!) of franchised McDonald's restaurant across globe that is paying him franchise fees annually.
Here's another example.
I use 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.
Patric Chan www.motivatedforsuccess.com
This article is written by Patric Chan, CEO and author of 'How To Make More Money Easily'. Discover the 5 wealth lessons on how to make more money and work less in 'How To Make More Money Easily' http://www.makemoremoneylessons.com