Leverage
Refers to the use of borrowed money or financial instruments to increase the potential return of an investment. It is the practice of using a small amount of your own money and borrowing the rest to invest in assets or operations that have the potential to generate higher returns than the cost of borrowing. Leverage can magnify gains, but it can also magnify losses if the investment does not perform as expected.
A business coach may help their clients to leverage their existing strengths and resources to achieve their goals more efficiently and effectively. For instance, a coach may advise their client to leverage their network of contacts to generate new business leads or to leverage their team’s expertise to tackle a challenging project. By utilizing existing resources in a strategic manner, clients can achieve their goals more quickly and with fewer resources, thereby improving their overall business performance.