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Make Your Minutes Work For You And Leveraging Technique

 
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Pramod Kumar Shah

We all have 24-hours per day, not a minute more or a minute less. The Key is to success is what you are doing with the minutes that you are given. Bill Gates has 24-hours a day and my friend Bobby, the window washer. The differnece is how they can use the time.

If you want to be more wealthy, you need to work more. Right? But we have only 24-hours a day, 1440 minutes a day. We can work 8-hours daily on consistent manner- not more than that.

I know you may have question why we can not become Bill Gates. He is also human being like us. What technique he is using? The answer is leverage. He knows how to leverage on the available resources.

Suppose 5000 people are working for Microsoft and all the people work for 8 hours only. So Bill Gates gets 5000 multiply 8 equals 40,000 hours per day. It means he has got 40,000 hours per day withous doing any thing. If he works, 8 hours is also added. He has leveraged his time by using others people time.

Financial expert Robert Kiyosaki says "Poor people work for moeny, Money work for rich people".

According to Robert Kiyosaki, there are four category people can be fed.

-> Employee

-> Self Employed

-> Business Owner

-> Investor

Let me take an example of a doctor.

Employee-> A doctor is working for a hospital where he works as an employee. He work for 8 hours, get paid for 8 hours. if he is not working, no payment will be made. The doctor leverages his time for moeny.

Self Employed-> The same doctor comes and opens a clinic. Till the clinic opens, he gets paid. If he closes his clinic, no payment will be made. He leverages his time for money.

Business owner-> The same doctor opens a hospital where good number of doctors are working under him. In this case, he leverages others people time for money. If the stops working today, even though the doctor makes money. This is how riches people work. They make others people work for them.

Investor-> The same doctor comes and invests in a real estate, stock market. In this case, the doctor becomes investor. He leverages on money and makes money. But this is too risky.

The stastic says 95% people fall under first 2 category and 5% people fall under the other 2 category. The success rate is only 5 % and the 5% people are handling all the 95% category people.

I strongly believe life is always choice. Where you want to be - 5% or 95%. Choice is yours.

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Pramod Kumar Shah http://www.OnlineGuruSeminar.com All The World Class Gurus Under One Platform
Article Tags: doctor [See Dictionary], people [See Dictionary], work [See Dictionary]
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Article published on February 04, 2008 at Isnare.com
 
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