⌚⌚Buy Back Your Time ⏳

⏰⏰ Rate tasks by value ($-$$$$) and energy⏲️⏲️

InsiderFlix Newsletter 2024-08-20

The Buyback Principle

Want more time? Don’t just hire to grow—hire to buy back your time. Focus on what you’re best at and what brings in the most revenue. The rest? Delegate it.

The 95/5 Rule

Only 5% of what you do really moves the needle. Delegate the other 95% and watch your productivity soar.

Hitting the Pain Line

Feeling stuck? If the pain of running your business makes you think about selling, beware. Bad decisions and stagnation can sabotage your growth.

The Buyback Loop

  1. Audit: Identify tasks that drain your energy.

  2. Transfer: Delegate those tasks to someone who enjoys them.

  3. Fill: Focus on high-value tasks that light you up and drive revenue.

The Drip Matrix

Every task you do falls into one of four categories. Know where your time and energy go:

  • Low Value, Low Energy 😴

  • High Value, Low Energy 💡

  • Low Value, High Energy 🏋️

  • High Value, High Energy 🚀

Calculate Your Buyback Rate

Figure out your worth: Divide your annual income by 2,000 hours to get your hourly rate. Then, divide that by 4 to determine your buyback rate—the price of your time.

The Only 3 Trades That Matter

  1. Employee: Trades time for money.

  2. Entrepreneur: Trades time for more time.

  3. Empire Builder: Trades money for more money. 💼

Time and Energy Audit

Track your time every 15 minutes for a few days. Rate tasks by value ($-$$$$) and energy (Red for drain, Green for boost). This helps you see where you’re wasting time and energy.

Ready to reclaim your time and grow smarter? Learn how to Buy Back Your Time today! ⏰

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