The BEST WAY to EARN is when your actions are not only focused on you but by the motivation of helping others. To attain success, one must do all he can to teach, develop and help others so in turn these people will do the same thing . This is the very opposite in other endeavour. If you do that in traditional business for example, you are inviting competition.
Now let us determine what is really that economic activity that maximizes leveraging, exponential growth and residual income. Before we go further, let us first understand this 3 terms. Leveraging. Leveraging comes from the word leverage which a business dictionary defines it as the ability to influence a system, or an environment, in a way that multiplies the outcome of one's efforts without a corresponding increase in the consumption of resources. In other words, leverage is the advantageous condition of having a relatively small amount of cost yield but a relatively high level of returns. One can leverage time, effort and capital. The best explanation of how leveraging work is through these examples. Leveraging Time. Employers leverage their time by hiring or using others to do the work for them. Multiplying their time by hiring employees to do the work which they are supposed to do is an example of leveraging. Another is riding on a vehicle instead of walking from one place to another place. This saves time for traveling and time saved could be utilized for other more important activity. Leveraging Effort. People can leverage effort by using methods, tools or equipment to lighten the work for them. An example is the use of backhoe for digging instead of a shovel. The use of pump and pipes to deliver water instead of buckets. The use of a lever to hoist heavy object, instead of lifting it with the bare hand. Leveraging Money or Capital. Investors leverage their money by using their money to earn income for them. They can also borrow money from a bank to increase their capital thereby increasing the money brought by their investments. It is simply saying "you let the money work for you, not you work for the money".. Original source: WHAT IS THE BEST WAY TO EARN?
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