As an entrepreneur, you may be used to putting in hours of work learning new tactics, skills, and strategies. Your business rests on your shoulders, and why wouldn’t it, you’re the one who built it from the ground up. While it’s a commendable feat to build a profitable business, it can also be a prison sentence for many “hands-on” entrepreneurs. This is how Sam Carpenter, author of Work the System felt as he put in 110 hours a week just to keep his business afloat.
Sam realized why he was working so hard without seeing results: there were no systems in his business. Once he started implementing systems and processes, he went from 110+ hour weeks to 2 hour weeks. The same happened with one of his students and now partner, Josh Fonger, who runs Work the System Enterprises where he helps business owners from over 50 countries scale their businesses with far less headache.
If you’ve ever felt that your business relies on you too much to take a day off, take a vacation, or simply work less every week, these are the two guys you need to talk to. Josh and Sam were kind enough to take three live guest calls on this episode’s recording to help with their specific business problems. As all the guests are real estate investors and professionals, much of the advice may translate to your business as well!
In This Episode We Cover:
Why a system doesn’t need to (and shouldn’t) be complicated to design and implement
Reducing your time, effort, and energy spent on work
Understanding which systems need to be fixed or removed entirely front our life
How to stop playing “whack-a-mole” with your business processes
Why so many businesses fall behind after improving
Creating a sustainable solution that gives you (the entrepreneur) maximum freedom
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
BiggerPockets Podcast
BiggerPockets Bookstore
Open Door Capital
BiggerPockets Insights
BiggerPockets Books
BiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of Mentors
BiggerPockets Podcast 137: How to Use Systems to Scale Your Real Estate Business with Sam Craven
Work the System Website
Click here to check the full show notes: https://www.biggerpockets.com/show510
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