Ok, I've thought I was a smart guy.
After understanding leverage from this book, I admit that I know nothing.
Now I see why time is valuable. I've made some money until now. A lot of money to be honest, as a freelance marketing expert.
But I've never understood how time leverage actually works.
Now I understand. If I invest 100 hours in a info-product and this product makes 100 sales at $25 a piece, I've got an hourly rate of $25.
Not bad, comparing to the fact that as a freelancer - not all 24 hours are billable.
However ... this is not the real secret. Now, what if I were to split test the copy (maybe test a few new elements)?
This would take me one hour and it will increase my sales by 10%. That hour values $250.
I now finally get it. Create leverage. And use your time to increase this leverage. I can't wait to finish this book. And read it again.
Anyway, I wanted to share this little example with you and ask you one question: Do you know any books that cover leverage in a similar fashion?
Thank you,
Razvan
PS: And even if I've heard the concept before from Jim Rohn (increase your value into the marketplace), this is the first time it actually clicks for me. Yes, this is the new TaGR of the 21th century.
After understanding leverage from this book, I admit that I know nothing.
Now I see why time is valuable. I've made some money until now. A lot of money to be honest, as a freelance marketing expert.
But I've never understood how time leverage actually works.
Now I understand. If I invest 100 hours in a info-product and this product makes 100 sales at $25 a piece, I've got an hourly rate of $25.
Not bad, comparing to the fact that as a freelancer - not all 24 hours are billable.
However ... this is not the real secret. Now, what if I were to split test the copy (maybe test a few new elements)?
This would take me one hour and it will increase my sales by 10%. That hour values $250.
I now finally get it. Create leverage. And use your time to increase this leverage. I can't wait to finish this book. And read it again.
Anyway, I wanted to share this little example with you and ask you one question: Do you know any books that cover leverage in a similar fashion?
Thank you,
Razvan
PS: And even if I've heard the concept before from Jim Rohn (increase your value into the marketplace), this is the first time it actually clicks for me. Yes, this is the new TaGR of the 21th century.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
