There are only 24 hours in a day.
Jeff, Mark, and Elon didn’t get to where they are because they found a secret vortex that allowed them to work more than us.
They just found a way to leverage each hour of their day to produce incrementally more output than what their inputs had been previously.
You’ve probably read about the early stages of Amazon where Jeff Bezos was packing boxes full of books and taking them to the post office himself.
Clearly, he was not doing that when he stepped down last year.
Instead, he put in the work to figure out the process to leverage others to do it for him.
Chantal is a form of leverage for Financial Zen. She’s handling things that once fell on my plate.
So now I have time to improve the member experience, produce content and add to our long list of services.
The name of the game isn’t to do everything.
The name of the game is to relentlessly focus on only doing things that exist at the highest level of your current skill set.
Anything that isn’t in that sphere should be delegated through leveraging technology or other humans.
And that includes your money.
Yes, you absolutely need a certain baseline of Financial IQ.
You need to know how much you make, spend and save.
But you don’t need to know every nuance of the tax code or what an iron condor options strategy is or memorize every paragraph of your trust document.
In fact, trying to know all of that will ultimately be to your detriment because that’s time and energy you could have used to level up your current skill set.
Instead, acquire the baseline and delegate the rest.
The most successful people in the world didn’t get there by working harder.
They got there by applying as much leverage as possible to maximize their output for each unit of input.
Most of us probably won’t ever be known worldwide by just our first name. But that doesn’t mean we can’t learn and execute from those that are.
