The Art of Leverage
Updated: Jun 15, 2020
As you know, Leverage is the ability to control much with just a little. Leverage equals speed or velocity and it is a critical part of the wealth equation. More to the point, the more leverage you have the wealthier you will become.
As a successful entrepreneur or business owner chances are you have already mastered a few forms of Leverage like borrowing money (Other People’s Money) or hiring (Other People’s Work)—but did you know there are actually 7 forms of Leverage:
1. OPM (Other People’s Money)
2. OPT (Other People’s Time)
3. OPW (Other People’s Work)
4. Scalable Production & Distribution
5. Scalable Customer Base
6. OPE (Other People’s Experiences)
Can you guess the last form of Leverage? Let us know what you think OPI stands for and send us a DM if you would like an article that provides more detail on the 7 forms of Leverage.