Creating Wealth Through Leverage
Massive wealth creation requires leverage. What is leverage? It is the power to control a lot with just a little. This is one important principle every wealthy men knows and don’t joke about. No man knows it all. If you want to create wealth with minimal stress, you’ve got to engage the power of leverage in it’s multiple dimensions. In the business arena, there are five kinds of leverage:
1. Other Peoples Money (OPM)
2. Other People’s Experience (OPE)
3. Other People’s Idea (OPI)
4. Other People’s Time (OPT)
5. Other People’s Work (OPW)
This dimension of leverages has been the indispensable tools of wealthy men and I think it important for you and I to start exploring this goldmine in our quest for wealth creation. Your level of mastery of this leverage will to a large extent determine not how much of wealth you will be able to create …