Successful? Why, yes I am.

Thursday, June 14, 2007

Are you leveraging?

Ever read any entrepreneurial or business books. They all talk about leverage. Using leverage to grow your business and wealth.

So whats leverage? Definition: Leverage is using given resources in such a way that the potential positive or negative outcome is magnified.

Well a lot of small business grow and expand by leveraging their resources, capital, assets, knowledge etc. Okaaayy.. so what am I trying to say?

Well this post falls under my random thoughts label.

Well I was thinking of your local plumbers/electricians etc. They manage to start some good profitable businesses, after completing their apprenticeships, once they build their skills and enough experience, they make the big jump of going into business.

Alright.. so lets think about those people who are employed in a corporate environment, lets take engineers for example. How do engineers go about leveraging their skills and knowledge to start a business?? Can it be done? Honestly Im sure it can be, but I cant think how you would go about doing it.

Hmm something to think about.



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