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Saturday, January 29, 2011

The Power of Building Wealth

Leverage is the essential success principle that builds wealth. You won't get wealthy by trading time for money and you can't do it all yourself. Building wealth requires you to work smarter rather than harder by applying the following principles of leverage:

1.  Financial leverage: Develop relationships with others who God will give you favor with, so that you are not limited by your own pocketbook.

2. Time leverage: Develop relationships with Christ-centered and Kingdom-minded individuals who will volunteer their time, so that you are not limited to 24 hours in a day.

3. Systems and Technology Leverage: Develop strategic alliances who can assist you with systems and technology so that you can get more done with less effort.

4. Marketing Leverage: Develop bartering relationships with individuals connected with magazines, newsletters, radio shows and databases so that you can communicate to millions with no more effort than is required to communicate one-on-one.

5. Network Leverage: Build relationships with people who have resources and connections so that you can expand beyond your own.

6. Knowledge Leverage: Establish relationships with people who have talents, expertise, and experience so that you can utilize greater knowledge than you will ever possess.


Leverage allows you to build more wealth than you could ever achieve alone by utilizing resources that extend beyond your own, while developing relationships with people who can work with you to maintain your mission and goals. It allows you to grow wealth without being restricted by your personal limitations.

Leverage is the principle that separates those who successfully attain wealth from those who don't. It's just that simple. If you aren't using leverage then you are working harder than you should to earn less than you deserve – and that isn't going to make you wealthy.

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