There are two opposite sides of LEVERAGE: MULTIPLY and MAGNIFY, and these are related to the two opposite action or personality types: Introvert and extrovert. Here’s how they work: Those that have a more introvert personality naturally internalize and think about their course of action, in comparison to people who have a more extrovert personality and work through consultation with others. Introverts are process-oriented and leverage by multiplying*. Overview: Introverts leverage by multiplying* The way to MULTIPLY is to ask the question “How can this happen without me?” Introverts will always keep things simple while extroverts tend to make things appear more complicated. Ex. Henry Ford and Warren Buffett leverage by multiplying NOW, People who have a more extrovert personality on the other hand are more likely to be found out socializing than studying a balance sheet. In fact, many extroverts have gotten themselves in trouble when, having created a successful business, they have tried to systematize it. Extroverts are not process-oriented. They are people-oriented, and they leverage in a way that is completely opposite of MULTIPLYING. They leverage by magnifying.* Overview: Extroverts leverage by magnifying The way to MAGNIFY is to ask the question " How can this happen with me?" Magnifying is about making things as complex or unique as possible so that you become indispensable. Ex. Oprah Winfrey and Donald Trump leverage by magnifying. -Wealth 101
Posted on: Fri, 13 Sep 2013 18:00:00 +0000
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