How to increase profit using Leverage
Are you sick and tired of doing the same thing over and over again? Well, my friend there is, but first, let me let you in on a big secret. It's a concept that highly successful people are using. This is what I call the concept of Leverage . Let me start with the definition of income, well you know the formula, its income equals rate times time. Income=Rate x Time↑ For instance: 100 dollars for 5hours will be totaled as Income=100x5=500 Now, what do people do to try to increase their Income? They increase their time, so some people work more hours or get two jobs, but what the real majority of people do to try to increase their income is to increase their rates. What normal people do Income=Rate↑x Time (Rate increased) Income=Rate x Time↑ (Time increased) This is the main reason why we were told to get a good education so we'll get a good job. So people try to get promoted, some pursue better care...