The Millionaire Master Plan by Roger James Hamilton

Author:Roger James Hamilton
Language: eng
Format: epub
Tags: Business & Economics / Personal Finance / General
Publisher: Grand Central Publishing
Published: 2014-07-28T16:00:00+00:00

Value controls the speed of money flow. It is the grade of the river. Leverage is the width and controls the volume of money flow. By making copies of my drawings, I was leveraging the value so I could sell the same picture twice or a hundred times with the same effort to draw it but a much bigger potential payoff. Leverage. When the tourist bought my unfinished original, he saw greater value in my hour’s work than my leverage was rewarding me for a day’s work. But he may not have paid so much if I was not selling so many of my prints. My leverage led to new value.

Between value and leverage all great wealth creators control and grow flow. They create value, and they leverage it. Delivering more value is what it feels like when you accelerate a car by putting your foot on the gas. Leveraging your value is what it feels like when you shift up the gears, and at any moment, you can increase your cash flow by creating new value or adding new leverage.

All the case studies to come involve understanding this equation. They take the first steps to moving from leveraging time to leveraging products or partnerships, which eventually leads to leveraging the expertise of others and entire teams in the Enterprise Prism. That’s where you get into property, markets, and businesses, which all have value that you can leverage.

Are you stuck not earning enough right now? There are ways that you can deliver more value, often by changing who you are delivering it to or whose value you are combining with. Are you stuck with not enough time? There are ways that you can leverage your value, letting you earn more with less time, often the same way great wealth creators do: Work together with others to leverage each other’s value. Simple? No, not quite.

There are two opposites of value and two opposites of leverage. Too often, we follow a strategy that is the opposite of our own natural genius. Understanding these opposites allows us to see how we can apply our genius to add value and leverage effectively in our markets:

Value is created from our ideas and senses—our thinking dynamic. Its two opposites are Innovation (Dynamo Genius) and Timing (Tempo Genius):

Dynamo Geniuses have an “intuitive” thinking dynamic and create value best through innovation. Dynamos see the future and move things forward. At every level of the Wealth Lighthouse, Dynamo Geniuses take the creative route to flow.

Tempo Geniuses have a “sensory” thinking dynamic and create value through timing. Tempos know when to buy, when to sell, when to act, and when to hold. At every level of the Wealth Lighthouse, Tempo Geniuses take the sensory route to flow.

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