Building Leverage When You Don't Need It

Building Leverage When You Don’t Need It

Most people only seek leverage when they’re out of options—they wait until they need something before taking action. But the truth is, the best time to build leverage is when you don’t need it.

By accumulating capital, knowledge, and relationships in good times, you position yourself to thrive when others are scrambling. Here’s how to make this principle work for you:

1. Store Capital and Secure Resources Before You Need Them

When times are good:

• Build up cash reserves and invest in quality assets.

• Acquire lines of credit when your financials are strong—you’ll have access to funding when it matters most.

During economic downturns, you’ll be able to buy valuable assets at a discount and ride the market recovery. Having leverage in those moments will set you apart from competitors who are cash-strapped.

2. Network When You Don’t Need Anything in Return

Building relationships is a long game. Connect with successful people and add value to their careers—not because you need something, but because it’s the right thing to do.

Many entrepreneurs focus only on the next 1–2 years. Instead, think about how relationships today can shape your life over the next 10–20 years. The bridges you build now can open doors in ways you can’t predict yet.

3. Invest in Knowledge Outside of Your Industry

Don’t just learn skills for where your industry is today—prepare for where the world is headed. For example:

• AI, tech, and robotics may not seem relevant to your business now, but in a few years, they might be essential.

By staying ahead of the curve, you won’t be forced to “play catch up” when the market shifts. Instead, you’ll already be positioned to lead.

4. Innovate When You Don’t Have to

Many businesses don’t innovate simply because they’re making enough money and don’t feel the need. But things can change overnight. The companies that survive and thrive are the ones that consistently work to create a competitive advantage, even when they don’t feel the immediate pressure to do so.

Innovation isn’t just a defense—it’s an offense that keeps you ahead of market trends and competitors.

Think in Decades, Not Just Years

One key to identifying opportunities early is to notice when even the smartest people you know don’t fully understand something new. This signals a potential 2–4 year window to capitalize before the trend becomes mainstream.

By thinking long-term, you’ll have the patience to outlast trends and build something that stands the test of time.

When You’re Ready for Extra Training, Check Out These 3 Resources

1. Join My Private Business Community
   Get access to exclusive insights and live trainings. This Thursday at 5 PM CST, I’m hosting a Zoom session on how to build wealth in 2025 and manage your capital. Don’t miss it.
   Join here

2. Check Out Episode 112 of the Grant Mitt Podcast
   In this episode, I break down real-world strategies for building leverage and long-term success.
   Listen now

3. 1-on-1 Business Coaching for Entrepreneurs
   If you’re serious about scaling your business, my 1-on-1 coaching program is designed to help you reach your goals faster and more strategically.
   Learn more

Let’s rethink, rebuild, and thrive—together.

To your success,
Grant Mitt