How-to-use-leverage-to-launch-your-business

https://themasteryinstitute.com/how-to-use-leverage-to-launch-your-business/

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Take-Aways from watching:

1) Time is YOUR ENEMY

2) Debt Is Your FRIEND, If Leveraged Correctly (Good Debt).

Note: Billionaires raise $$ B4 Starting!

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Maximum leverage: Maximum profit

Importance of leverage

Cashflow Quadrant: by Robert Kiyosaki

5% wealth

Employee

Self-Employed

95% wealth

Business Owner

Investor 

The importance of leverage "Keys to the vault" by Keith Cunningham

Be an Artist/Creator + Operator/Technician + Owner

The owner: apply leverage, measure results, change activities

Where does leverage come from?

1 - Automated systems and processes 24/7

2 - Deployable assets that can make you more money

Employees, 1099 contractors

Money: coaching, advertising, setup systems/processes

Option 1: Using your own money; problem: FEAR; review bootcamp module 1

Option 2: Using other people's money "OPM"

RIGHT WAY: Does it give you a return?

Mentorship, Intellectual Capital [Reading, Listening, Watching, Doing]

Goal 100% Apply 20% Time on 80% of Results

Time: Low

Team/Help: Coaching & Mentorship, Team, Outsourced; Invest in other people's time

OPM/Debt: Invest with other people's money

Billionaires raise $$ B4 Starting!

Profits: High