Are you confused about the idea of LEVERAGE by Naval Ravikant?
@naval
Let me simplify it for you:
Leverage is the ability to use a small amount of resources to achieve a much larger impact or result. It can take many forms, such as financial leverage, network leverage, or personal leverage.
Financial leverage is when you use borrowed money to amplify the return on an investment. For example, if you invest $100 and borrow $900 to make a total investment of $1000, you can potentially make a much larger return on your investment.
Network leverage is when you leverage the connections and resources of a network to achieve a goal. This could be through partnerships, collaborations, or simply asking for help from people in your network.
Personal leverage is when you use your own skills and abilities to achieve greater impact. This could be through building a personal brand, developing expertise in a specific area, or simply being a positive influence in the world.
The key to leveraging any kind of resource is to focus on creating value for others. When you create value for others, you open up the potential for leverage because others will be willing to help you in return.
By consistently creating value, you can build up your leverage over time and use it to achieve your goals and make a bigger impact in the world. Remember, leverage is not about taking from others, it's about giving value and receiving value in return.
That's a wrap!
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