What The 1% Do With Their Time Compared to the 99%

The 99% work following a linear formula: Skill × Time = Paycheck There’s NO leverage in that equation. So, what is that thing the 1% do that the 99% won’t do? The 1% work with a non-linear formula, with business leverage: We all have the same 24 hours in a day. The 99% focus their […] The post What The 1% Do With Their Time Compared to the 99% appeared first on SME Digest!.

Business Aug 13, 2024 0 48 Add to Reading List

What The 1% Do With Their Time Compared to the 99%

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The 99% work following a linear formula:

Skill × Time = Paycheck

There’s NO leverage in that equation.

So, what is that thing the 1% do that the 99% won’t do?

The 1% work with a non-linear formula, with business leverage:

We all have the same 24 hours in a day.

The 99% focus their efforts on increasing their skills on making more money.

The 1% are focused on finding creative ways of making the most of their limited time and energy using leverage. How?

Using other people’s time (employees)
Using other people’s talents (expert advisors)
Using other people’s money (Banks)
Using technological advances (Automation)
Scaling their knowledge (Systems)

The post What The 1% Do With Their Time Compared to the 99% appeared first on SME Digest!.

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