Levers of Success: Achieve more with the same effort
What is leverage in business?
Leverage is the ability to influence people or resources in a way that multiplies your efforts and yields greater results.
- Time leverage
Time leverage involves using other people’s time to delegate your tasks and increase your productivity. - Financial leverage
Financial leverage is the use of borrowed money to invest in assets, with the goal that the return on investment is higher than the borrowed money. - Technology leverage
Technology leverage is the use of technology and/or the power of automation to work smarter, not harder. - Personal leverage
Personal leverage (relationship leverage) is when you network with the right people and use those connections to get things done.
