Tips#3 Escape Rat Race

Tips#3 is looking for leverage to escape from rat race.

Are you wondering whether you are currently caught in the rat race? Then, ask yourself this question: on who’s efforts do you currently get paid?

If your answer is you only get paid on your own efforts, then, you need to look for greater leverage. If not, you are NOT serious about leaving the rat race.

Don't expect anything to change, if we don't change anything especially the way we think...

Tips#3 to escape the rat race is looking for opportunities to gain maximum leverage on our personal efforts and time.

What is leverage?

Leverage simply means the ability to generate more and more income with less and less works. If the strategy is to get paid for our time, we are not leveraging.

"I would rather have 1% of the efforts of 100 people than 100% of my own efforts" ~ John Paul Getty.

As highlighted by John Paul Getty that it is better to earn a small amount on the efforts of a large group of people than earning 100% of your own efforts.

What will happen to our income, if we stop going to work for a month?

Just take an example of a friend of mine who is a senior sales manager in a big corperation. She told me that she was getting paid on the efforts of her 50 sales team members i.e. she is leveraging on her people to make money.

However, after a short conversation, she soon realized that if she took the rest of the year off she would soon be unemployed and as such she had little leverage from her current job.

A major step to getting out of the rat race is to look for an opportunity to gain massive leverage through the multiplying effect of lots of peoples efforts combining with our own ones!

Today, more and more leveraged tools are being created such as computers, internet, wireless and many more to help us generate more with less. If we want to keep up with the rich and escape from the rat race, we need to understand the power of leverage and use the leveraged tools that the rich are using. The average use fewer leveraged tools than the rich.

People who do not learn to use leveraged tools like computers and internet will fall behind financially or work harder and harder just to keep up.

Find out more about ways to leverage and escape the rat race here.

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