Leveraged Income- Do You Understand It?

Leveraged income has become a catch phrase with smart consumers and investors.  “Working” for a living sucks and I don’t know anyone that wouldn’t want to earn more while doing less.  The tough part is figuring out how to do it. There are 4 ways to make money.

A J- O- B.  No thanks.  I’m done making my boss rich while he kicks back and takes all the credit for the work I do. 

Investments.  You have to have the money to put in and the know how of where to put it. Plus, it takes a long time for many of them to mature.

Conventional Business Ownership.  I tried this and all I managed to do was buy myself a minimum wage job, more stress, less money and no time to do anything I wanted.  It would have taken years for the profits to roll out of it and in the end I sold it for a loss.  Imagine that.

Leveraged Income.  The BEST way to earn money.  Let me show you why…

What is leverage?  The dictionary defines it as having mechanical advantage gained by using a lever.  Just like unscrewing a bolt using a long handled wrench instead of struggling with a short one. 

How does this apply to money and business? 

You want your business to be the long wrench.  You want to use your time and money wisely so that you achieve the desired results as quickly and as effortlessly as possible. 

Let’s look at it in relation to your time.

If you had to choose between having 100% of your own efforts pay you or 1% of a 100 people’s efforts which would you go with? 

In a 24 hour day, most people work 8- 10 hours.  Too much as far as I’m concerned.  Now, if you had a leveraged income model working for you, each of those 100 people would need to commit less than 15 minutes to give you a full day’s efforts.  

I know you are thinking that finding 100 people willing to give you 15 minutes of their precious time sounds like a real challenge.   That is until you consider that these people will all be their own boss, working for themselves and will be building their own incomes while they work for you.  It’s easy enough to motivate others to make themselves rich! 

100 is still a large number.  How does training 100 people equal less work?  You don’t work personally with 100.  You attract 5 or 10 or 12 personally and each of those people does the same thing.  (Each opportunity is different and you will want to maximize your company’s compensation plan to take the largest profit from it as possible.)  You are responsible for mentoring, enrolling and supporting just a handful of those 100 people.  As a leader, you will teach that handful of people to duplicate exactly what you do and in turn have them do the same for their people. 

The best part is if you work with a company with the right compensation plan you get paid on efforts of people you may have never met, are on the other side of the world or 10 or more levels deep in your group for as long as you are still a member of the business.  In fact, you may even be able to will these profits on to future generations.

How does this add up in your bank account?

Let’s say that the investment to be part of the company is $10 a month and you get paid $1 on each person in your group each month.  $1 doesn’t seem like a lot of money when you think about bringing in just 10 people personally but watch how it adds up when your team starts to grow.

You

10

10 X 10= 100

100 X 10= 1000

1000 X 10 = 10,000

10,000 X 10 = 100,000

5 levels with each person personally enrolling 10 members to your team @ $1 a person would be $111,110 each month. 

If each of these 111,110 people put in 15 minutes a day that would mean 27,777 hours would be spent everyday making you rich.

That is what leverage means.  Investing time into a handful of dedicated people, a small amount of money on goods or services that are in high demand and reaping the benefits for a lifetime. 

Click here to play around with the GDI income calculator.

Working for a living is no way to have a life so, if you are smart, you will find a way to leverage your time, spending and efforts with an opportunity for residual income. 

 

Tags: business, larger income, leveraged income, making money, mlm, money, multi level marketing, network marketing, residual income