Harness the Power of Time Leveraging!

Time leveraging is one of the most overlooked in investing, but is definitely one of the most powerful. When you properly harness the power of time leveraging you duplicate your time, energy and efforts so they work when you aren't there.

But what is time leveraging? Essentially, time leveraging means you're duplicating your efforts so you spend the same (or less) time and effort on a project, and yeild better results.

The most basic example of time leveraging is a working husband and wife. There is one household, and each person only has 8 hours in the day to offer to work. But by both working, they are doubling that 8 hours to make 16 working hours in the day, thereby increasing productivity, efficiency and, of course, profit.

If time leveraging is kept in the forefront of an investment strategy, there is a good chance that investment will yield high profit while limiting the pain-in-the-butt factor. Here are a few ways to harness the power of time leveraging in a real estate investment situation:


Surround yourself with people who are smarter than you

Having a network of like-minded individuals is a great way to leverage your time. Spending time researching something is a waste of time when there are people out there who already know what you need to know. Make sure your network consists of those who know more than you. That way, when faced with an issue for which you don't have the answer, these "smarter people" will be able to guide you, without you having to waste time finding the answer (or learning the lesson, in some cases) on your own.


Make yourself replaceable

Sure, there is something to be said for being "irreplaceable" in a job - if no one else can do what you do, your job security goes up. In investing, however, our mindsets are usually a different - we want to be able to manage our investments without having to babysit them 24/7. How can you take an extended tropical vacation when you are being called in the dead of night to unplug a toilet? If someone else can do what you're doing, even for a short period of time, you free up your time to do the things you really want to do.


Follow a proven system

This is key. Why make all the same mistakes everyone else has already made when you can learn from them and avoid them, making you profitable sooner? Find a system that matches your investing objectives and follow it - to the letter - to find the same success as others.

Keep the time leveraging factor in mind when looking at a potential investment and you'll be sure to maximize your time, energy and efforts in every endeavour.