HOW TO REAP FROM WHERE YOU HAVE NOT SOWN (Part 2)
The
greatest secret of the rich people in the world is leverage. When any average
or upcoming person is able to work smart and leverage the hard work of other
average people or even the rich, he’ll also get wealthy.
But
I must add that hard work and smart work are not mutually exclusive. The point
I’m making is that the great majority in the world just work hard. A good
percentage don’t know how to work smart, but the few persons who know how to
work smart, who know how to leverage, are able to always take advantage of people
who are just hard working. In itself, smartness alone can’t make people wealthy
and great. Therefore, the bottom line is
that the future will always belong to
those who strike a balance between knowing how to work hard and how to work
smart.
In
our post last week, we gave two ways you can use to reap from where you’ve not
sown, namely, (i) leveraging the hard
work of others particularly in your field of endeavour, and (ii) going for residual income at all cost.
In this post we share these additional strategies.
(3)
Read up most or all of the materials,
books, interviews, etc, of your role models. A role model is somebody you
can copy because he has accomplished many times what you’re trying to
accomplish once. He has invested many years to develop himself, worked hard to
build up a successful career or business, and has made a name all over the place.
Many
of such people have written books, granted interviews to newspapers or magazines,
or delivered speeches at important meetings, summits, conferences, etc.
Materials about them are also on the Net. Do well to read most of their books
and all other materials written or published about them. The secrets of successful people, men and women, are in their stories.
A
few days or weeks of reading their books or materials will put at your disposal
the knowledge, skills, experiences and strategies they took years to gain or
develop. That way, you cheaply harvest their long years of labour which you can
take to your financial or career advantage.
Personally,
I have leveraged the hard work of the rich and the great by reading and
studying their materials. Through the works of Robert Kiyosaki, I have known
how to build up assets, not liabilities. Assets generate cash flow. Through Dr.
David Oyedepo, I have known how to engage the force of faith in whatever I do. I
have also seriously leveraged the labour of John Maxwell on leadership. I can
go on and on.
(4)
Seek alliances or partnership for
collaborative advantage. The power of leverage compounds (that is, extremely intensifies) your financial harvests
of other people’s hard work. Rosabeth Moss Kanter argues that “in the global
economy, a well-developed ability to create and sustain fruitful collaborations
gives companies a significant competitive leg up.” Partners bring different
skills that complement each other to bear on the business and collaborate in
creating new higher value and producing greater
profits with lesser efforts and at far lesser costs.
(5) Seek mentorship from experts,
professionals, and others who have made a name. It is important here to
differentiate between a role model
and a mentor. In mentoring there is a
relationship in which the mentee understudies or learns from the mentor. But a
role model is a successful person who other individuals aspire to be like;
there isn’t necessarily a mutually beneficial relationship.
By
working closely with our mentors, we successfully leverage their hard work and
labour. We fast track our success by employing the wealth of their experiences
and massive ideas with our minimum efforts. We accomplish in a far lesser time
what took them many years to accomplish.
Given
the average life span, no person would have all the time needed to accomplish the
huge success he desires, all by himself. Leveraging the hard work of others enables
man to accomplish far more in lesser time and with lesser effort.
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