Leverage is the act of using a little to do a lot. Like a lever used to lift a heavy object. By using the lever, we are able to lift a weight that we couldn’t lift directly. The same works in our lives. If we leverage our time, we can use our limited time to do a lot more than would be possible if we tried to do everything directly. And if we leverage our money, we can use a little money to get a whole lot more, and therefore achieve more results.
Leverage is the secret weapon to take your life to the next level of success. It is the tool that allows you to overcome the limitations and to achieve at a higher level, a greater scale and at a much quicker pace. Learn the art of leveraging today.
In this article we will be looking at leveraging time for beginners.
We started with 3 simple steps:
- Plan and set up routines and systems
- Delegate with purpose
- Employ effective people
Click the title to learn more about how you can start to leverage your time and achieve more success today.
How to Leverage Your Way to Freedom Part 1
Are you planning your way to financial freedom?
Dreaming of early retirement? Or imagining your great million-dollar empire rising up before you?
Well, if you’re one of those, welcome to the club. I’m definitely dreaming of that freedom and now starting to imagine just what my financial potential is. But having started to extend myself at work, and being fully invested financially, and starting to work on a side hustle, I’m starting to feel a bit stretched. And as I crunch the numbers, I’m starting to see that at the current rate of return on all my investments, my big moment of freedom and success is still a very long way away.
Have you felt like that? Like the numbers are just not going to add up and your success just looks too far away.
Well I’m there. But far from being beaten, I’ve started to look for the answer. And the answer is leveraging.
Why You Need Leveraging
As an army of one, pretty much limited by what you can earn and do, and what you have, there’s only so much you can get done. But if you use your time to manage others to do your work, then you can get way more hours out of the day. And if you can use your money to loan a bigger mountain of money, then your investments can go from small scale to mountain scale.
Leveraging is the great secret weapon in success
Become the Master of Time
For me, and I have decided I want to try to leverage myself free, it will mean building up my investments and a side hustle business into a machine that I can spend minimal time on and yet get massive results.
In terms of leveraging time, the ultimate goal would be to become the boss and lead others who are responsible for managing all the jobs that bring in the fortune. This way, by pushing buttons and making some big decisions, I can make a million operations happen all independent of my limited hours.
That’s the big goal. But that takes time.
At this stage, I’m not ready to become the master of time. I am definitely an employee and I can’t really delegate my job away. I’m imagining many of you are like me and so here’s the initial tips to begin becoming a master of time.
How to Leverage Time for Beginners
- Plan and set up routines and systems
- Delegate with purpose
- Employ effective people
1. Routines and Systems
Changing operations from jobs to systems, is a way I have found to leverage my time.
Read more about it in my article: Systems and Routines for success.
Basically, instead of doing individual jobs, you create systems so those jobs can be done with the minimal amount of effort.
For example, writing. Instead of approaching every article as a unique piece of art, develop templates for the ones you write regularly. This way you can cut down on lots of thinking time and writing blocks of filler text. For example, you could have your standard opening, your outline for your body and your standard close for your article all in a template that you can fill, edit and send.
Obviously, you wouldn’t want to do this for every job, but when quantity is more important than quality, and repetitive tasks are a drain on your time, this way of thinking can really leverage your time, by making your effort stretch that little bit further.
The same with teaching, business, any job you do. Work out the stock standard jobs you do and develop systems that allow you to minimise time and maximise output.
Also, by having a system for the jobs that need to be done it allows you to pass the system on to someone else, so they can do the same job as you. The job can get done to the standard you want and you don’t have to spend any time on it.
2. Delegate with purpose
As we’re beginners, and not quite at the level to delegate the job away to others, well not the main job, it’s important to first think about how we delegate time and effort to our work.
For everything that needs to be done, we must allot our time and put in effort. If we start to become more mindful of what needs to be done and we start to calculate our time and effort, we should be able to become more efficient.
For example, when I first started teaching I would spend ages on each piece of marking, questioning what I was doing and overthinking everything. But as I started to get used to marking, I decided that I would delegate only so long for marking and I would try to get it done in time. In the beginning it was not a success. But over time, I started to make decisions quicker. I learned to look for information much quicker. I learned to be more mindful of the outcome and narrow my focus. This allowed me to turn a massive painful process, into a manageable task.
Delegate with purpose and leverage your time:
Don’t give a ten minute job three hours. Give it ten minutes and move on. And don’t give a $1 job half your day. If it makes you a dollar do it in a minute.
But also, access your team.
As a teacher, though I’m sure it’s the same in business, I am surrounded by experts.
When I first started my job, I would spend all my time making resources. Now I know that it’s much more time efficient and effective to seek advice from colleagues and to share resources with them. Also, by working together as a team and sharing the job, means the overall job gets done at a much higher level and is often more enjoyable.
A lot more could be said here, but the idea is that we can leverage the good work of others to extend our capability. If everyone in the team is doing part of the job, then me can do a range of great jobs, while minimising our individual effort and spreading our focus.
Delegate with purpose means:
With purpose means keep your eye on the big picture and streamline the effort so you get where you need to go as quick and efficiently as possible.
3. Employ effective people and Leverage Yourself
Once you have gone through you calendar, working out your systems and routines and delegating time and effort, maybe it is time now to start delegating actual jobs.
Your time is valuable. The most valuable resource we all have. It is the one thing that you can not get more of.
Money can come and go and you can change your fortunes in an instance. But your time is valuable. We can lose it all in an instant, and we can throw it away very easily. But you can’t get it back and you only have so much of it ahead of you. I often think back to my early 20’s and know that I threw away 10 years. If I had started my mission to success 10 years earlier I’d be fully leveraged by now and enjoying all my time. Furthermore, I have no idea how much time I have ahead – so it’s time to start counting every day as valuable.
So, now I am learning to maximise my time, as shown above, but also by taking care of my body so it will hold up and give me extra years of happy, healthy living in the future. It also means, taking time now, planting seeds of quality time with family, so that I have a life time of happiness ahead.
And now we, my wife and I working together, are at the point where we are ready to delegate our jobs away and leverage our way to more free time.
Leverage our home life:
To start with, our financial health, which we worked hard over the last two years to achieve, has allowed us to hire a live-in nanny. (This is also greatly helped by the fact that we live in Vietnam – but I’m considering my move to Vietnam a very smart move. And a brave one.)
We’ve decided our time is most valuably spent on working, writing, researching and spending quality time with our son. So how do we maximise our busy day? We cut out cleaning, cooking, ironing, shopping, and all those jobs around the home.
By delegating these jobs, we have taken the time to establish routines and systems and now we just supervise. With minimal effort all those jobs that used to take us hours and manual labour are taken care of.
Of cause it costs us money, but we have weighed the opportunity cost and we now have time on our hands to focus on the more important things.
Leverage at work:
At work, I started leveraging my time by working smarter, as stated above. Then I leveraged my time by working on changing my jobs into systems. That allowed me to cut down on thinking, admin, and over-planning and producing. That leveraging allowed me to work on my development. I became a better, more effective and efficient teacher. I started to feel like I was leveling up and ready for new challenges.
And so, I pushed myself and I worked my way from employee up to lower management, and I will soon start as a head of year student welfare coordinator. That means, for one a little more money, but it also means more authority. Now I can leverage that authority and delegate various jobs to others.
This way, I can free up time to do the more important jobs; jobs like working with special leadership groups at school, assisting upper management, liasing with parents, the types of jobs that will allow me to improve professionally and that will put me in the position to keep pushing up the tree.
Final Thoughts on Leveraging Time
First work on making yourself leverageable, then leverage your time, then work your way to the top of the tree and keep going. Once you get momentum, it starts to get easier. Then success starts to get closer in view.
The simple steps to follow:
- Build leverageable routines and systems
- Delegate with purpose
- Hire effective people
This is the very beginners course of action. There is so much more to learn and to experiment with, but we ar going one step at a time.
Next week we’ll continue our discussion with leveraging money.
For now, we really encourage you to start to look at leveraging as a way to make your life so much better.
We would also love to welcome you to our mission to success.
Mission to success
The mission for success is to take our life to the level of awesome. We are actively learning the lessons that will bring us more success, that will improve the future for our children and will help make the world a better place.
If that’s something you want for your life, feel free to come join the mission for success by clicking here: Mission for Success!
All the best, and remember to keep striving for success.