Wednesday, January 21, 2009

The Power of Leverage

Using other people’s time and effort is an example of leverage. If you have a big project or work, try to use other people’s time and effort and you’ll find that the work is easier to do.

In order to be rich, you have to think on how you could use other people’s time and effort in such a way that both of you have mutual benefits. The best example here is the relationship of an employer to employees. Employees render useful services for the benefit of the employer. In return, employer pays the employees for the services they rendered. It’s just a matter of give and take. In this scenario, it is very obvious that the employer has more benefits than the employees because employer did not work hard. The employer uses his employees’ time and effort to acquire more money into his life.


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