Whether you are housewife: have a career as well; run a business, or attempt any vocation or avocation, you need to possess a flexible, adaptable, resourceful way of viewing the world, change and risk. The Entrepreneurial Mindset draws upon core nature. Uncertainty is a way of life. There is strength and security in being unique. Also there is strength and security in joining with others and having their support and input.

The Entrepreneurial Mindset uses concepts of personal, financial, operating, and other people’s leverage so often they become second nature.

Leverage creates multiples. Wealth creation is based on explicit or implied compounding or multiples—meaning achieving very high rates of return relative to periods of time. The greater the bases of assets compounding at higher rates of return, the greater multiple of cash flow or net earnings will be paid for that asset. High multiples imply great demand for some person (performer), product, or service. Money is the predominant exchange medium for perceived value.

How you communicate and relate is at the heart of marketing and distribution.

Since marketing and distribution are necessary to attract and fulfill demand (and create multiples), personal communication and social skills will increasingly separate winners and losers. Positive attitude and Entrepreneurial Mindset differentiate superstars the average and the wannabes. Most superstars are great communicators and most have the necessary social skills for their areas of expertise. Many times talented people get no where because they are technically brilliant but lack the Entrepreneurial Vision resourcefulness and positive attitude.

Entrepreneurs can achieve great sums of money.

But, what makes for life success for the Entrepreneur is integrity and a positive attitude spiritual grounding and meaning. Often, we see talented people screw up their lives because they are not honest with themselves or others. They get far on their talents but lack a positive attitude or a spiritual sense of life. Even worse, they cannot find meaning in their lives. They may be Entrepreneurially talented and be skilled at moving resources but they are not resourceful in their lives.

You’re going to build wealth by getting multiples

How do you get multiples? The hourly work pays for the lighting bills, but the techniques I’m going to show you will produce assets that are working for you day and night.

At some point, you will burn out. How can you vacation or retire if your income is tied to hourly work? For most, your pension or retirement nest egg with the ravages of inflation and certain future taxes will not be enough. You need to have something that’s producing for you apart from your salary or hourly fee. If something goes wrong or you get fired, you will need resources to survive and to sustain you.

Harness The Power Of Leverage

Without understanding the concepts of leverage – compound interest multiples, business and relationship fundamentals – you will be doomed to hard work but not the full rewards. You can be disciplined. You can live below your means. Save. Invest carefully. You can also be disciplined and make much more from the same hard work in less time.

True financial success is where money never sleeps but works for you 24/7/365 year in and year out.

Fortunes are made when money compounds. For example, many people offered 1 million dollars today or the sum of a penny doubling every day for just 30 days would take the million dollars and run. Right move?

Actually, you’d be better off taking the penny doubling in value every day. This is the power of compound interest and what Einstein is said to have called the 8th wonder of the world.

What are the factors behind Wall Street’s monopoly on money?

Wall Street has been able to move money better than anyone to get it compounding for itself and its clients. Most great fortunes required money to grow and Wall Street has been the master of raising capital to fuel growth.

Wall Street operates in a number of ways to be the middle person or tollgate to access money. Wall Street "monopolizes" the movement of money and like compound interest, Wall Street learned you make money on money.

Go where the money is and the odds are greater that you will make money. Wall Street titans learned early on that if you had access to money, you could buy companies, stocks and bods at discounts. This is the basis of Buffett’s fortunes. Buy bargains. Let the profits compound. Invest other people’s money. Get a piece of the action.

In numerous ways, the key is never allow your money to go to sleep by spending it on things that have little value or investing it where your principal can be lost without a very high potential return.

Clearly, you are not going to have all winners. But, the great investors and Wall Street position themselves to have their winners pay for their losers and then some.

What makes for great fortunes is compressing time. Gates, Buffett, Jobs, Brin, Page, all built what I call money machines that spewed out more and more cash. Wall Street brought them other people’s money (borrowing other resources – which I call leverage) and this fueled the money machines that we see today.

Investors pay multiples of earnings (P/E ratios) or cash flow. So, the more cash flow the greater the value if the P/E ratio remains the same or increases. Wall Street brings companies public usually getting a high P/E ratio than if a company were private. Another way to accelerate the value of the company.

Wall Street uses for itself and for its clients compounding, leverage (other resources) and multiples (such as P/E ratios) to compress time and accelerate wealth. For this role, Wall Street has maintained a monopoly, moving money in ways that never sleeps. If you want to build a fortune, learn the ways of Wall Street.

There is a formula to amassing great wealth that can be learned and put into action immediately. Throughout the ages to the present, the greatest minds and the greatest wealth builders have used a secret factor called Entrepreneurial Leverage. Leverage is: less is more. Leverage can also be defined as making a disproportionately high rate of return from a relatively small input, effort or investment. Leverage is borrowing money, resources, talents, knowledge, and people to grow the value the entrepreneur sees ahead of the market (their vision).

Each of us has a calling or purpose. Research shows that almost 70 % of people are mismatched with their jobs, careers and their companies. They are not living the life of their dreams.

To be entrepreneurial, you have to realize the government is not going to make you wealthy. Rarely, will you grow wealthy with stocks, bonds, houses or trading forex and commodities (unless you are managing other people’s money).

You must learn that jobs do not provide security or wealth. Investing, owning your business or income producing real estate has been where wealth has been created. Being an executive in a growth company, getting a salary and options, helps. Being a celebrity or an employee of a growth company at the beginning is another way. Managing money for others, as in money management or hedge funds, is also a path.

However, when you boil it down, most people are left with companies and income producing real estate as options. But, you say, 55% of businesses fail within the first 4 years. Well, just think of how much you have lost in the stock market, your 401K, and your house. On average, people are down 25% to 40% if they are honest with themselves. Now that’s risky.

Do you think your financial planners or stockbrokers know much more than you? Few do. Otherwise, you’d be making money, not just them.

Fact: the average American has less than $20,000 investible assets. However, the top 1%, as stated, earns over 20 % (that’s 20 x the average!) of income and control over 30 % of the wealth (that’s 30X the average!). Do what they do? Utilize the art of leverage as explained in the following:

You need to think of leverage as a means of concentrating your power. If you focus the sunlight through a magnifying glass, it will burn a leaf. When you use a crowbar, you focus your body’s energy in order to pry open objects that can’t be separated by human hands alone.

We transfer the focus of energy and force in such a way that we can use a much smaller effort to get an optimal result or what I call positive leverage. In today’s age of speed and the Internet, you must achieve positive leverage to stay in the game.

However, without that concentration, you will achieve negative leverage, where much hard work will produce disproportionately small returns. When you are in a negative-leverage situation, you are doing the same things over and over with little or nothing to show for it. You experience diminishing returns. Negative leverage becomes enormously frustrating and energy draining.

Most people and companies fail before they start toward achieving a vision or goal.

Let’s take a company as an example. Most companies fail before they get out of the gates because they do not offer a compelling solution that in the minds of their potential customer is a high priority—a must-have.

What I am saying is that most failures can be traced back to the preparation. Famous golfer Jack Nicklaus stated that 85% of the golf swing is in the setup.

Just as Jack Nicklaus learned the fundamentals from his coach, the greatest wealth builders and minds learned through apprenticeships.

You can trade your skills, knowledge and talents for a piece of the action (ownership):

1. Go on the internet and find companies that align with your purpose.
2. Call them.
3. Tell them you’ll work for free to build their business. Most need help. Many of them can’t market, sell well or write very well. You will learn on their dime to be aligned with your purpose. You will earn a piece of the action or more skills.

Sound crazy?

Here are 4 more success strategies:

1. Have an outrageous, unreasonable goal! Small goals won’t sustain you.
2. The key to wealth is relationships. Be a networker. Listen for opportunities.
3. Welcome the craziest ideas. Most people immediately reject an idea; instead, do the opposite. Why? You start to learn what people are thinking and how they present themselves. You may just find the opportunity of a lifetime.
4. You can match up those with money to those with opportunities. That is what the wealthiest people in the world do. Think Goldman Sachs.
Soon, you will see more opportunities than you ever dreamed.

Where do you go to find the best deals?

Go to seminars, many are free. There are angel capital networks where entrepreneurs with their deals meet investors. When you go to these events often you find that it is a matching game like dating. The idea is to put together the right matches.

Entrepreneurs frequently commit to things and then run around to find the resources. Investors typically commit and often don’t have the full amount of the capital that they are committing. This means that there are gaps between entrepreneurs and investors’ resources and capital, which always creates potentially great opportunities for the person or company that can fill in the gaps.

Just remember, there will always be gaps and opportunities in up or down markets. If you miss one opportunity, there is always another.

Jump into the arena. Learn to become comfortable with the uncomfortable, and go for it.

Implement these success strategies and you will have executed the secret factor to wealth and fortune – Entrepreneurial Leverage™.

Go get wealthy! Good luck.

Step 1 Never engage in leveraged investment that exceeds your own tolerance for risk

There is really no hard and fast rule for leveraged investment – except that, if it bothers you, then maybe you should recoil from it. Your own personal tolerance for risk is the greatest security barrier there is: if it seems like too much a risk, then it probably is – and it is far better to risk to little and ‘miss out’ then to risk everything and lose everything.

Step 2 Keep your business priorities in order

What are you really hoping to achieve? What are the things you want your business to accomplish? What were the imperatives in your mission statement? Any business gets itself into trouble when it diverges from its core competencies or starts to get its business priorities ‘out of whack.’ If you know what really matters, then you will know when to leverage and when never to leverage.

Step 3 Only use leveraged investment in exceptional circumstances

Never get into the habit of thinking that investing using borrowed money is the way to go; that money is still someone else’s money and, whenever something else is borrowed, there will be expectations that it will be paid back – and usually with interest. Furthermore, liability always attaches itself to those who lose another party’s money as well as their own. Only use leveraged investment as a last resort in instances where you are trying to achieve a significant corporate objective.

All told, leveraged investment should always be an exceptional matter; if you make it into more than that, you will end up with trouble on your hands. Stay modest, stay on target, and avoid investing money you don’t have –unless you really, really need to do so.

The Answer: Like Rockefeller, Vanderbilt, Edison, Ford, Carnegie, and numerous others like Moses, Christ, Mohammed, Buddha, Lao Tse and Confucius, today’s Mega Millionaires all use a similar approach to achievement and success called Entrepreneurial Leverage.

Step 1 – The 7 Essential Elements of Entrepreneurial Leverage:
1. A Entrepreneurial Mindset
2. A unique voice
3. Leverage
4. An uncanny (intuitive) ability to understand the Dynamic Market Forces of their time
5. An openness to counsel others
6. A communication style that infects others to carry out their unique voice and vision
7. Ability to adjust to change and feedback

Step 2 – The 6 Approaches Mega Millionaires Take To Find and Exploit Opportunities Using Entrepreneurial Leverage:
1. They decipher Paradigm Shifts or dramatic changes in the way we see the world, e.g., Computer Age; Knowledge Workers; Internet Age.
2. They figure out the contexts or frameworks that result from the Paradigm Shifts e.g. globalization: instant communication.
3. They understand how old and new Dynamic Market Forces are set in motion by the paradigm shifts and affect the marketplace, e.g., how you communicate (mobile phones, e-mail) when (24/7 online) what (online information) why (save time; get more faster).
4. They review and prioritize the opportunities that result from these Paradigm Shifts, Contexts and Dynamic Forces.
5. They review what strategic investments are the best to take advantage of the opportunities and Dynamic Market Forces.
6. They Leverage the opportunity. Once you know you can make money, accelerate growth; reinvest profits; create compounding and increasing returns.

Step 3 – The 15 Major Dynamic Market Forces: Mega Millionaires Are Now Leveraging:
1. Speed
2. Internet
3. Time
4. New Technologies
5. Culture – what is fashionable; what and who attracts the thought leaders and creates organic buzz.
6. Depreciation of the Dollar
7. Overregulation
8. Cost of protection
9. Narcissism Self Indulgence and Instant Everything
10. Relativism. You make up the rules.
11. Mass to Niche Marketing
12. More Is Better-Long Tail Strategy
13. Globalization
14. Flattening Of The World: outsourcing; networking; multi-sourcing.
15. Knowledge Workers

Step 4 – What Mega Millionaires Know About the Internet That They Are Exploiting:
· The Internet is an entrepreneur’s dream, one of the greatest leverage tools ever invented.
· Small can compete with large and succeed. Small can become big very fast and create substantial wealth.
· It is where the imaginative resourceful entrepreneur can leverage various combinations of speed, time, community, collaboration, networking outsourcing.
· A vehicle for delivering instant communication, instant gratification and innumerable options. Overwhelming amounts of information and a global marketplace. The Combination Information, Directing Marketing and the Internet is the perfect wave for making lots of money and creating Mega Millionaire wealth.
· It is a medium for information that lowers prices; cuts out middlemen; allows for anyone to voice an opinion.

Step 5 – The Internet Also Has the Following Characteristics Which Entrepreneurs Look to Exploit:
· Alters traditional time and space relationships by operating 24/7 in cyberspace (non physical).
· Ironically, is seen as having strength in seeking truth, real facts and democratization of thought.
· Yet, its strengths are also its weakness in that it creates an environment of invented identities that can cheat, misrepresent, or misinform. Amateurs masquerade as professionals and experts.
· Makes possible Social Media such as Facebook and MySpace that make the average Jane and Joe their own heroes. “It’s all about me.” “Look at me!”
· Makes Direct Marketing King-and the basis for the new way of doing business on and off-line.

Step 6 – The Huge Price of Not Recognizing the Power to Leverage Paradigm Shifts and Dynamic Market Forces Such As the Internet:

If you deny or do not respond appropriately to these Dynamic Market Forces like the Internet, you will never reach your full potential. Even if you have a profitable and growing business you will exhaust your resources and productive capacity and burn yourself out in a process.

Step 7 – Mega Millionaires And Their Companies Use Entrepreneurial Leverage to Create Strategies Which Take Advantage Of:
· The Internet
· Collaboration
· Networking
· Information Marketing
· Direct Marketing Techniques
· Outsourcing
· Inventory on demand
· Multi-channels of distribution

Each of these strategies allows the Entrepreneur to communicate and leverage their unique voice or unique selling proposition (USP). By using various combinations of these strategies entrepreneurs and leaders get their message out; attract attention; create a dialogue; and engage their new and old customers.

Think of Microsoft, Amazon, General Electric, Apple, Berkshire Hathaway, and Virgin. These are the Mega Millionaire leaders that are all using strategies that employ Entrepreneurial Leverage to exploit The Ages of Speed, the Internet and Time Poverty.

No matter how big or small the companies, Entrepreneurs look to accelerate their growth by aligning with and leveraging market changes; market forces; and market opportunities.

In the end, the Mega Millionaires are visionaries, jugglers and decoders of numerous variables to find the right opportunities to make strategic investments; create value; and catapult their business career or life to the next level.

To exploit Entrepreneurial Leverage you should constantly be aware of what changes are occurring in the market place. Determine how you can get the right people at the right time in the right place to exploit the opportunities and maximize your rates of return using the leverage strategies mentioned above.