The Leverage Triangle

The Three Elements

Have you heard me talk about the Leverage Triangle yet?

As entrepreneurs and pursuers of our dreams and passions, we all have 3 elements to work with when we start a business: Time, Expertise, and Money.

Most of us have very little of each of these in the beginning of our journey—but as we grow our business or our dream of any kind, we begin to have more of each and thus more leverage.

And interestingly enough–successful individuals learn to leverage other people’s time, expertise and money too. And when we do that, we often help other people reach their dreams. Our dreams are often intertwined. We just don’t notice it sometimes.

BUT…

What determines the amount of success you will have and also how fast you will achieve it?

YOUR MINDSET.

Your mindset will determine your success. Period. It is the force and the energy that is driving all those things you need to leverage. The mindset you have is more important than the amount of time you spend on building your dream, more important than your level of expertise, and even more important than how much money you have.

If you aren’t operating your passion and dream plan with proven success Mindsets, you won’t be able to leverage yours or anyone else’s money, expertise, and time exponentially.

How To Manage The Leverage Triangle

Now that you understand the Leverage Triangle and that your mindset is the powerful force driving your leverage ability of the elements of time, money, and expertise—there are some proven behaviors that will help you manage the triangle more productively. Why would you want to manage it better?

BECAUSE, managing the leverage triangle more productively will help you reach your dreams faster.

1. Set Boundaries
2. Hire A Team That Plays At Your Weaknesses As Soon As You Can Afford Them
3. Use Focus As Your Tool To Eliminate Overwhelm
4. Partner With Experts Until You Become An Expert Yourself
5. Package Your Expertise As A Low Supply Expertise

Building Your Dreams and Passion – What Mindsets To Explore

Here are just a few of the Mindsets I encourage you to explore as you build your dreams into a reality—whatever those dreams may be:

• Your Relationship With Money Itself
• Your Ability To See The Bigger Picture & Then MORE IMPORTANTLY Step Into It
• Understanding LEVERAGE & ROI and Using The Principles In EVERY Area of Your Life
• Building A Community To Serve That You Are Passionate About
• Understanding That YOU Are The Most Important Resource You Have YET You NEED a Team To Accomplish Your Goals
• Using Technology Allows You to Build a Brand and Expert Status At Lighting Speed
• Plugging Into Proven and Multiple Business Models Is Smart
• You Must Surround Yourself With People Who Are Doers
• You Must Be Willing To Take Risks and Have Sense of Adventure & Have Fun
• Systems and Automation Are Keys To Faster Success
• You Attract Specific Opportunities When You Believe Those Opportunities Are Possible

Technorati Tags: the leverage triangle, building your dreams, passion, mindset, dreams into reality, time, money, success

Joint Ventures – Share The Love Boys

Hi Creators!

I just launched my 4th company. After about 2 months of building it and then another 2 months of prelaunching it, I definitely have some observations to share.

AND I would LOVE to hear what you think. And please correct me if you think I am wrong–I really hope that I am.

Even with the many, many organizations that women have formed out on the Internet to empower other women, I do see a “glass ceiling” has formed.

Well known male Internet experts are partnering with each other and leaving out the women. I just got off a Seth Godin teleseminar today with a number of male powerhouses–they were inspiring but where was the female perspective.

How is it I can get a woman who has been on Oprah twice to fly across the country to speak for one of my companies, but I can’t get the over dozen or so male Internet experts I contacted to speak for My Millionaire Friends to even return my call and discuss doing a teleseminar from their home… hmmm.

Or what about the multi-millionaire I called and asked to participate at My Millionaire Friends–SHE quickly said she would love to because she wanted to reach more women with her message!

I just flipped over a book by a well known female entrepreneur and all of her testimonials were by men!

Don’t worry–I am empowered by all of this.

I think I will be renaming my new company My Millionaire Friends to My Millionaire GIRLfriends soon since the boys don’t want to come out and play anyway.

To your success,

Sheri McConnell–www.sherimcconnell.com

Technorati Tags: joint ventures, entrepreneurs, internet marketing experts, Seth Godin

Cute, Cool, and Crazy

Santa Brought Andrew a New Tool Set

All Four Kiddos in Mom and Dad’s Bed

Seth and Hannah before they went to an Aggie Game

The Leverage Triangle

Hi Friends and Big Thinkers!

Have you heard me talk about the Leverage Triangle yet?

As entrepreneurs, we all have 3 elements to work with when we start a business: Time, Expertise, and Money. Most new business owners have very little of each of these in the beginning—but as they grow their business they begin to have more of each and thus more leverage. Successful entrepreneurs learn to leverage other people’s time, expertise and money too.

BUT…

What determines the amount of success you will have and also how fast you will achieve it?

YOUR MINDSET will determine your success at building wealth more than how much money you have, more than your level of expertise, and even more than the amount of time you spend on building your wealth. If you aren’t operating your business with proven Millionaire Mindsets, you won’t be able to leverage yours or anyone else’s money, expertise, and time exponentially.

Here are just a few of the Mindsets I encourage you to explore as you build your wealth:

• Your Relationship With Money Itself
• Your Ability To See The Bigger Picture & Then MORE IMPORTANTLY Step Into It
• Understanding LEVERAGE & ROI and Using The Principles In EVERY Area of Your Life
• Building A Community To Serve That You Are Passionate About
• Understanding That YOU Are The Most Important Resource You Have YET You NEED a Team To Accomplish Your Goals
• Using Technology Allows You to Build a Brand and Expert Status At Lighting Speed
• Plugging Into Proven and Multiple Business Models Is Smart
• You Must Surround Yourself With People Who Are Doers
• You Must Be Willing To Take Risks and Have Sense of Adventure & Have Fun
• Systems and Automation Are Keys To Making Millions
• You Attract Specific Opportunities When You Believe Those Opportunities Are Possible

If you need help learning how to think like a millionaire and much more — visit me at www.my-millionaire-friends.com

To your success,

Sheri McConnell–www.sherimcconnell.com

Technorati Tags: Leverage Triangle, mindset, taking risks, adventure, specific opportunities, my millionaire friends, Sheri McConnell