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How To Learn To Live A Leveraged Life Through Life Training
Home :: Self-Improvement :: Leadership
By: Gary F. Eby Email Article
Word Count: 1203 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

Let’s look at some examples to embrace in Life Training.

Awhile back I spoke on the platform and worked with a man named Brian Holloway. He’s a former professional football player. Brian’s father worked for the government so Brian is close to…and friends with…Colin Powell. Colin Powell advises the President of the United States. So I’m just three degrees of separation away from the President. He’s one of the most powerful political figures on earth.

This is the power of a network. If you are living life as a Lone Ranger you are depriving yourself! You need the strength and the leverage that relationships alone can bring.

Remember…the longer…and stronger the lever…the more Leverage you will have. You’ll be able to do more … and do it a lot faster with leverage. It just makes sense to continually broaden you network. Plant seeds by helping others. Always be open for opportunity. Build a long, strong network and you’ll have access to great Leverage.

Other forms of Leverage involve having a leveraged income. We all need multiple streams of income. Passive Income. Residual Income.

Residual Income is based on doing the work one time and getting paid for it many times. When a movie is made in Hollywood…the work is done once. But, they are paid every time someone enters the movie theatre, buys the movie or rents the movie.

When someone records one of my songs. I get paid a royalty every time it’s played on radio or sung on television. I get paid every time a CD, cassette, or video is sold with my song on it. I wrote it once…but it produces repeat or residual income.

Network marketers understand residual income. They get a client. The client goes on an auto ship program and they get paid every month on the order. When they duplicate themselves and build a team… they receive an override on the team sales every month! It’s residual income. Everyone needs to find a way to receive some sort of residual income. It’s Leverage.

There are several ways to involve and utilize other people to Leverage your income!

One way is using "other people’s money."

The most practical explanation of accomplishing this is in real estate. You obtain a property. You rent it out. Each month someone else pays you rent … and you pay the mortgage. They are buying you a home that will appreciate in value. You are using their money to buy you a property. A small amount of money on your part controls a large amount of property. That’s Leverage! That’s Leverage by using other people’s money. Another form of Leverage is using other people’s knowledge.

The hit TV show …The Apprentice … deals with this. Hundreds of thousands of people try out and audition for this show. Most of the finalists left high paying positions and risked it all to get a chance to work for Donald Trump. They realized that by having him as a mentor and as a key contact … and working with him for one year, they could acquire and leverage his knowledge and use it for the rest of their lives.

We all need to learn how to live a leveraged life through Life Training! We will move mountains! We will move the world!

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Gary Eby, a member of the Jim Rohn Speaker Bureau, is gifted to teach deep truths in a clear and easily understandable style. His messages are power-packed and often filled with laughter and practical illustrations. He has shared the stage with great speakers such as Jim Rohn and Les Brown. Not only is Gary a sought after speaker, but he is also an author whose personal development book Lefthanded Soldiers has received worldwide attention. You may receive a free copy at www.garyeby.com/freebook.htm

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