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success - Turbo Coach, achieve breakthroughs - Brian Tracy

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The Power of Leverage<br />

95<br />

relationship with a bank from the beginning. It may sound<br />

counterintuitive, but the best time to borrow money is when<br />

you don’t need it. To do this, borrow a small sum, place it in<br />

a safe instrument, such as a certificate of deposit or treasury<br />

bills, and in a few months, pay it back. If you repeat this<br />

process several times, you will have built a solid relationship<br />

with your bank as well as a strong credit rating. You will<br />

realize the wisdom of this approach to building a strong<br />

credit rating on that day when you do need a loan. And, for<br />

virtually all entrepreneurs, that day is inevitable!<br />

4. Leveraging other people’s <strong>success</strong>es. Study the <strong>success</strong>es<br />

that other people and companies have <strong>achieve</strong>d to gain<br />

insights into their challenges and solutions. Most <strong>success</strong>ful<br />

people have paid their dues in terms of money, energy, commitment,<br />

and even failure to arrive at the top of their fields.<br />

Learn from their experiences and study their <strong>success</strong> stories<br />

to see if there are lessons there that can save you considerable<br />

time and trouble.<br />

Start by reading the biographies and studying the careers<br />

of <strong>success</strong>ful people in your field. As intimidated as you may<br />

feel, do not hesitate to seek out current role models and ask<br />

their advice. You may be surprised to find that many people<br />

who have <strong>achieve</strong>d extraordinary <strong>success</strong> take great pleasure<br />

in extending a helping hand to others who are committed to<br />

making a mark in the same field. Advice from high <strong>achieve</strong>rs<br />

can prove priceless.<br />

Once you have realized your own goals, remember the<br />

generosity of those who went before you and extended a<br />

helping hand to you. Do what you can to return the favor to<br />

those coming along behind you. You will derive unique rewards<br />

from helping those who are just starting out, I assure<br />

you.

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