The Magnificient 10x'ers

How you can earn 10x more.

The Magnificient 10x’ers are the 3 roles all of us are playing at one time or another.

Some of us are playing 2 or all 3 roles at the same time.

There are 2 ways to define a 10x’er - whether you’re an employee, entrepreneur or investor:

  1. You earn 10x more than what you are currently earning.

  2. You earn 10x more on average than your peers (age or status wise) or competitors (in business) or groups (of investors, friends, or relatives, etc) at any point in time.

How the 10x employee 10x his earnings

The 10x Employee

If you’re an employee, it’s perfectly possible for you to 10x your earnings, while remaining an employee. 

With careful planning and implementation, you can make your one job your main focus and still earn way beyond what the market is paying.

Most employees have no idea how to do this. They’re stuck with just 2 simple but risky strategies:

  1. Negotiate for a salary increase; or

  2. Move on to another company for a higher salary.

Both may get you a small salary bump each time you do them, but if it’s 10x earnings you’re looking for, both of them are not going to cut it.

How the 10x entrepreneur 10x his earnings

The 10x Entrepreneur

If you’re a entrepreneur, you will be focusing on increasing your businesses’ profits significantly.

This involves:

  1. Minimising your overheads the 10x way; and

  2. Maximising your revenues the 10x way.

Most entrepreneurs are not minimising their overheads and maximising their revenues enough.

Frequently this is due to the entrepreneurs not knowing what they don’t know, or their inability to use systems and strategies to create the huge leverage they need to 10x their profits.

How the 10x investor 10x his earnings

The 10x Investor

If you’re a 10x investor, you will:

  1. Earn much more from your investments by allocating some of your capital to assets that provide ultra-high returns (in addition to your usual favourite lower-returns assets like real estate or stocks); and

  2. Be able to differentiate between ultra-high returns investments that are legitimate and those that are scams, and avoid the latter like the plague.

Note that there are legitimate ultra-high returns assets that don’t come with ultra-high risks in the conventional sense. Most investors have no idea they even exist, but they do.

The diagram below shows how the 3 types of 10x’ers relate to each other:

10x employees, 10x entrepreneurs and 10x investors

The Magnificent 10x’ers

You’ll notice that in the diagram above, the line between a 10x employee and 10x entrepreneur points both ways.

A 10x employee can become a 10x entrepreneur and vice-versa.

And both the 10x employee and 10x entrepreneur can become 10x investors — further increasing their earnings way beyond their current job or business is paying them.

Finally, the 10x investor needs to be able to have peace of mind that their money is working the hardest for them with better than average returns, without having to take on too much additional risks.

And so that’s what 10x’ers do that you are probably not already doing — unless you’re a 10x’er yourself.

This understanding is important for you to be on the same page as I am, so that you can appreciate fully how all 3 types of 10x’ers can excel in the quickest possible time with the least amount of effort and money.

You’re now all set for a new issue of The 10x Factors every Sunday which will reveal some of the best-kept secrets to 10x’ing your earnings as an employee, entrepreneur or investor.

I’ll be sharing some of my own experiences for all 3 types of 10x’ers over 3 decades and counting, so that you know the 10x principles, concepts, strategies, systems and more really do work.

I think you’ll like what you’ll see.

P.S. Do yourself a favour. Simply share The 10x Factors newsletter with your employees, your employers and your family members as the principles, concepts, systems and strategies revealed here will be even more effective and will get everyone the results you all want much quicker when you all know what they are and can work together as a team to achieve your mutual goals.

If you’re an entrepreneur, you’ll know what you need to do to earn much more from your business, as well as what type of employees to hire and retain. If you’re an employee, you’ll know what your employer is looking for so that you can be that person they want to have to help them improve their businesses significantly.

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