Ultimate Leverage- And A Real Life Example That You Can Use to Make Cashflow With Zero Cost!!
If you understand leverage, you understand how to get rich. Some people leverage other people (employee's) time. Others understand how to leverage money to create more wealth. Joint Venture brokers understand how to leverage other people's time, money, credit, reputations, and on and on. For example, I work closely with a person who is very well known, and indeed a celebrity, in certain circles. By building a relationship and creating overlap (check out previous articles to see what that is) I continue to leverage his status; in so doing building my profile and rapport within his circle of influence much faster than by working on my own.
Have you seen speakers endorse someone else from the stage at certain seminars or events? This is a powerful form of leverage. What if a business with a large loyal database endorsed your business to their whole group of clients? This can very quickly drive massive profit to your bottom line. This can create leverage on a massive scale. One of my mentors, www.robinjelliott.com, many years ago, had his business grow from $4000 per month to $20,000 per month in revenue; in ONLY 4 DAYS; using this strategy.
One of the best forms of leverage I know of is accomplished by a closely trusted Joint Venture partner of mine. Clients of his borrow money from the bank at 2-5% and lend it to him for 12%!! The best part about this is the rate is fixed and is paid out as monthly cashflow of 1% per month; actually putting cash in your pocket every month after any interest costs. Imagine the amount of real estate equity, intro credit card rates, cash, etc, etc, that could be leveraged this way! I have been doing this personally for nearly 2 years now; and every month this JV puts cash into my bank account. Talk about leverage! I am making money on the banks money; instead of the other way around. (Did you know that you are actually going backwards when you accept 3% interest on your savings?)
The opportunity above is only available by personal referral. I can put you in touch with my contact if you like. I use this strategy to park any cash, credit or equity I am not using at the moment; because I can get it back in 30 days notice; after the first 6 months.
The key to getting ahead of the money game is leverage. We all have the same amount of hours in the day; and yet some people make far more money than others. Why is that? Self employed people are either leveraging knowledge, special skills, or time. None of those three will make you truly rich; unless you are a movie star or an athlete, perhaps. Your average "Joe" can get rich if he understands leverage, using the power of Joint Ventures.
Remember to download a free E-book on the power of Joint Ventures at www.jointventuresunlimited.com/freeoffer Now please, go forth and Joint Venture!!
Patrick Giesbrecht
Joint Venture Broker
