Billionaire Leverage Techniques: 5 Tips to Accomplish Your Big Dream
Have you ever had a dream so big that you had no idea how to accomplish it? The dream is there, in the background of your mind, gnawing at you and clamoring for your attention.
For many busy entrepreneurs, you might start to feel like the dream is slowly dieing. With everything you have to do to generate financial results, you never have time to focus on the dream. You are always busy running your business, making money, taking care of your clients, etc. Who has time to chase their dreams?
When you let your dream die, it affects your passion. Without passion, running your business can start to feel like work (who wants that?). Passion is the fuel that gets you going every day, provides the stamina to overcome the challenges and obstacles, and inspires you to think bigger.
Recently I saw an Oprah special called “Building a Dream” about the launch of her Leadership Academy for young girls in South Africa. As I watched the show, I realized that Oprah has been visioning this school for a long time. She had clarity about so many details — from the uniforms to even the brick color of the building. It has been the fuel that keeps her going ever day, overcoming the big obstacles that have risen in running a billion dollar empire.
We all know that Oprah is very busy with her show and her magazine. How she brought her dream to life and fulfilled her passion was by surrounding herself with a team of people who could bring her vision to life.
If you study billionaires (which I do) you will learn a special leverage technique they all use to manifest their dreams into reality. I’ve seen this technique used by Oprah, Donald Trump, Bill Gates, and Richard Branson. The technique: build a team to bring the vision to life.
Here are five tips to help you get started:
1. Stay focused on the vision. Michael Gerber’s In the Dreaming Room covers the power of what your REAL job is (and by the way, it’s not getting lost in the day-to-day management.) It’s all about creating a vision so big that it pulls you forward.
2. Do YOUR job. Your job is to stay focused on high payoff activities. Let others do what they do best. Bookkeeping, housecleaning, graphic design, website updates, filtering emails and phone calls are all low payoff activities for the average business owner yet you many spend thousands of billable hours a month on these tasks.
3. Surround yourself with powerful implementers. When you leverage your time and build a team of good people, then your dreams become real 100 times faster. Most entrepreneurs are really great with ideas but lose traction when it comes to details and managing projects.
4. Start sooner. In completing the Virtual Team Building Secrets interviews, one thing I found in common with all five experts is they waited too long to build their team. It cost them time, money and sanity. The billionaires I studied all took the risk to build a team immediately.
5. Let go. Once you create your power team, be sure to learn to delegate well. It doesn’t do anyone any good if you hold the reigns too tight. A golden rule of delegation is, “Commit to the outcome, let go of the path to get there.”
Its time to start building YOUR team. It’s the fastest way to create more time, free up energy and make progress in bringing your vision to life.