When I was a younger, I used to think a lot about the different ways
people earned money outside of a job. I spent time reading random
books on multiple subjects – investing, the stock market, flipping real estate, etc.
The question that always seemed to pop back in my head was “what are these people doing that’s different than 99% of the rest of the world?” I knew most people hated their job and usually struggled just to make ends meet.
So why was it the “norm” to go to college, get a supposedly “high-paying” job and then spend the rest of your life secretly wishing you were doing something else?
I still haven’t answered that one, but the first one – yes.
These guys were simply using LEVERAGE.
This is a great story a good friend of mine told me a while back, so read on – it’s inspiring
John, (my friend) has niched himself as a private physical therapist that caters to a wealthy client base – CEO’s, sport figures, etc. One day he went golfing with one of his clients, a VERY successful entrepreneur, so he could evaluate his clients swing and see if he could pinpoint the source of the back pain he was experiencing. (Now mind you, this guy’s got serious cash. He even has a private gas station on his property.)
While they were playing, his client received a phone call from one of his business partners. They chatted for about 10 minutes or so, then continued to golf. During the rest of the day, the guy continued to make a few more calls back and forth until they finished the course.
Afterwards, they hit the bar to have a few drinks at the club. John asked his client, “what were all those phone calls about?” The guy said, “My business partner found a golf course for sale and was asking if I wanted to get in on it with him. I made a few calls to some other people I know and sold it for $4.2 million more.”
Let’s stop and reflect for a minute…. ok, times up. You and I are in the wrong business
John said “Wow, thats amazing. How do you come across a deal like this and sell it so quickly?”
His client responded, “I have spent 35 years building my little black book of contacts that I carry with me at all times. It contains about a hundred people out of the thousands I have met. Each one is a hand-picked, valuable resource and personal friend. It’s my leverage.”
There it was again. The “L” word.
If this guy can use leverage to this degree with a hundred people in his back pocket, what can we do for our business leveraging the Internet? I don’t know about you, but it really makes me think of the possibilities.
-Thomas
business leverage money
Interesting post and one I enjoyed reading.
Thanks for the post.
Being on the computer,writing blogs,surfing for ideas,working from the keyboard, this is a good reminder to keep a social life also.
This is great story indeed.
Truly inspirational..
thanks!
Thinking outside the box is what separates the wealthy from the mediocre many. This is a fantastic story that represents someone that thinks outside the box. Squares don’t understand this philosophy. I guess this is why squares are constantly complaining.
Yeap…
But as he says, it took him 35 years to get there.
“It’s not what you know, its who you know!” – Corny but true