Hard work is Fugazi

You know how every business guru yells at entrepreneurs and tells them that they need to put in the hard work?

Well, I personally think that’s FUGAZI…

Let me explain

If hard work = high payout, then coal miners would be all millionaires, ain’t that right?

So because we understand that it’s not about hard work….

what it is about?

well…

it’s actually a much simpler equation…

and that’s LEVERAGE…

The mental framework that I like to use for this is…

What has a fantastic input to output ratio?

The answer to this will surprise you…

Spend the next few minutes reflecting on this question…

PS. If you want me to give you some ideas on which businesses have a great Input to output ratio…

Then just simply reply to this email

Make it a great day!

The Business Nerd