From The Power Investing Plan:
Accelerator #3: Other People’s Time
If you are a good business owner, you have the leverage of other people and systems doing your work. In other words, if you are a good businessperson, it is the same as earning money for nothing, once the business is up and running. Most people will have to work for money for much of their lives because they work for a business rather than work to build a business.


There are two ways you can access OPT or Other People's Time, get them as employees or get them as business partners.

The difference is illustrated below:

EMPLOYEES
They work for a business.
You need to give them salary or wages.
You need to give them salary even if your business is losing money or else they will file a case in the Labor Office.
They are paid based on their time.
Instant gratification.
They are working for you.
"Giving them fish..."


BUSINESS PARTNERS
They build a business.
They make money only if the business makes money
They are paid by results. If the business wins they win. If the business loss they loss.
They are paid based on performance and results.
Delayed Gratification.
They are working with you.
"Teaching them to fish..."

Robert Kiyosaki in his book Richdad Business School defines Big Businesses, based from Forbes Magazine, are businesses with more than 500 EMPLOYEES.

One of the intention of the CA2020 Core Team is to create Big Businesses based on the Philippine business condition. Our Life Entrepreneurship program teaches each Core Team member on how to expand their Business Empire into 500+ BUSINESS PARTNERS in 2 to 3 years.

What about you, how will you do your OPT?
Hiring employees or getting business partners?