Hour of Power – Time VS Money
Hello, my friend and future millionaire.
In the last email I talked about your relationship with money, and I’m going to touch more on that in a later email, but here’s something else I want you to think about.
As most people look to build wealth for retirement, the only way they really know how to do it is by putting money towards their 401k savings.
Over time, that money gains interest, because it’s invested in the stock market.
Well, under normal circumstances, the stock market averages between 10-12% return.
At times it does a lot higher, but at other times it has crashed and people lost a lot of money, and it takes time for that money to build back up after a loss.
The point I want to make to you is that everybody says that the greatest thing in the world is compound interest, but what about compounding your time?
Well, let’s think about this for a minute; What if you could grow your time?
I like to call this your “Hour of Power.” The 25th hour
To achieve this we’re no longer going to focus on what YOU can do, we’re going to focus on you building a team that will start getting stuff done FOR you.
That is how you compound your time.
You can get more than eight hours of work done in a day if you have a team working behind you.
When I started my real estate business I had people working for me and completing tasks while I was still working a full-time job.
I’ll be honest, in the beginning it’s hard because you’ll hand out dollars, and you only get pennies, nickels and dimes back.
Even if that stage only lasts a few months it feels like forever when you’re going in the hole.
Then all at once, you’ll pick up some sales with what you’re doing, and you’ll hand out dollars and you’ll start to get dollars back.
But as that “Hour of Power” .. the 25th hour … gains momentum, so to speak, you get more hours per day out of your time.
You’ll start putting dollars in, and they’ll come back as hundreds, because you were able to leverage your time and you now have a team trained that knows exactly what you need done to run your business.
Moving forward you’ll be able to step away from the work side, you’ll be somewhere with your family doing whatever it is you like to do, and your business will still be rolling along making money.
That’s why we call this “The Million Dollar Roadmap to Wealth” email series.
This is the kind of stuff that I’m going to teach you.