success - Turbo Coach, achieve breakthroughs - Brian Tracy

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TurboCoach
Each of the seven forms of leverage can help you expand
the reach of your own talents and strengths. Each involves
building on the work, talents, experience, and contacts of
other people.
1. Leveraging other people’s energy. The most productive
people make sure they have time for the few things that
give them the highest payoff by routinely seeking to delegate
or outsource their lower-value activities. Chapter 11 covered
in depth this crucial aspect of leverage.
2. Leveraging other people’s knowledge. Applying one
simple piece of key knowledge to your situation can make a
world of difference in the result you achieve. Finding and
applying knowledge from another source can spare you tremendous
amounts of money and labor. Follow the lead of
successful people and scan books, magazines, tapes, articles,
and conferences for ideas and insights you can use to help
you achieve your goals faster. Thanks to the Internet, the
task of researching other people’s knowledge is faster and
simpler than ever.
3. Leveraging other people’s money. Knowing how and
when to take advantage of other people’s money—by borrowing
or otherwise tapping into other people’s financial resources—empowers
you to achieve things that would be
beyond your reach if you relied solely on your own resources.
Seek out opportunities to borrow and invest, achieving
returns in excess of the cost of the borrowed funds.
Among the many sources for funds, consider, for example,
chartered banks, savings and loan associations, venture capitalists,
and public and private offerings of securities.
For entrepreneurs, the best strategy is to develop a solid