How to leverage time to get rich - Other People's Time
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Learn how to leverage other people's time to get rich. We all have 24 hours in a day, but yet some of us manage to get more done than anyone else. How is this possible? It's because we use other people's time and buy time from other people. Time arbitrage is taking advantage of lower-cost time and then working for higher revenue time. This is one of the best ways to get richer and richer while working less and less. I am not saying that we will not have to work like a mad scientist toward your dreams, goals, and visions. I am saying understand how valuable time is and how to leverage it to your advantage while building an incredible business that is of value. The more valuable you become to the marketplace the more your time is worth per hour. There is a reason that high-end lawyers can charge $400 per hour. There is a reason that actors can make $100,000 per hour filming commercials. This because people value their time and will pay high premiums for it. On the flip side, when the skill level and demand for what you do is low. The amount per hour is quite low like cleaning houses at $10 per hour, bagging groceries $10 per hour, or mowing grass at $30 per hour. All of these skills are valuable and needed in society. I am not making fun of anyone. When the value is clear decisions are easy. When you combine all the time and experience of other people on the team along with your own pouring into a project, job, or business it becomes magical.
This content is for education and entertainment purposes only. Chris Skimmerhorn does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
Видео How to leverage time to get rich - Other People's Time канала Chris Skimmerhorn
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Learn how to leverage other people's time to get rich. We all have 24 hours in a day, but yet some of us manage to get more done than anyone else. How is this possible? It's because we use other people's time and buy time from other people. Time arbitrage is taking advantage of lower-cost time and then working for higher revenue time. This is one of the best ways to get richer and richer while working less and less. I am not saying that we will not have to work like a mad scientist toward your dreams, goals, and visions. I am saying understand how valuable time is and how to leverage it to your advantage while building an incredible business that is of value. The more valuable you become to the marketplace the more your time is worth per hour. There is a reason that high-end lawyers can charge $400 per hour. There is a reason that actors can make $100,000 per hour filming commercials. This because people value their time and will pay high premiums for it. On the flip side, when the skill level and demand for what you do is low. The amount per hour is quite low like cleaning houses at $10 per hour, bagging groceries $10 per hour, or mowing grass at $30 per hour. All of these skills are valuable and needed in society. I am not making fun of anyone. When the value is clear decisions are easy. When you combine all the time and experience of other people on the team along with your own pouring into a project, job, or business it becomes magical.
This content is for education and entertainment purposes only. Chris Skimmerhorn does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
Видео How to leverage time to get rich - Other People's Time канала Chris Skimmerhorn
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