Money Grows on Trees

#1 Killer of Money Making

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July 03, 2023 12:06pm

29m

On this episode of Money Grows on Trees: the Podcast, host Lloyd Ross dives into the topic of leverage and its role in increasing wealth and success. With over 130 episodes on finance, money, and entrepreneurship, Lloyd emphasizes the importance of systems leverage, allowing individuals to access valuable information without the need for direct presence. He highlights the underutilization of social media as a tool for audience building and networking, criticizing the lack of message delivery and connection with others. Lloyd discusses the two types of leverage: people leverage and systems leverage. He stresses the importance of not wasting time created through people leverage and explains how software and systems can automate repeatable tasks. While not referring to financial leverage, Lloyd cautions against relying solely on borrowing capital. By sharing personal anecdotes and examples, including Warren Buffett's early entrepreneurial ventures, Lloyd demonstrates the power of leverage in amplifying time and increasing profit. He provides practical advice on implementing systems leverage in both personal and business contexts, urging listeners to delegate tasks and embrace technology and software to save time and be more productive. Join Lloyd as he explores the mindset shift from "I don't have time" to "I don't have leverage" on this enlightening episode of Money Grows on Trees: the Podcast. Money Grows on Trees Team