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Profit by Design

192: How to Make Your Time Worth $10,000 an Hour (Revised and Expanded) Part 2 of 3

May 12, 2022
37:14

In Part 1 of this three-part series, I shared the $10,000 an hour mindset and the downloadable chart of $10,000 an Hour Activities. Visit www.tapthepotential.com/10k to get your copy of the chart and the workbook accompanying this series. These resources will be helpful to you over and over again as you move forward with a $10,000 an hour mindset. 

Today’s episode features a mind-blowing golden nugget with significant ramifications for your business. I wish I had known the secret to free up my time and have more money in my bank account many years ago! This concept sums up our philosophy at Tap the Potential of helping you design a sustainably profitable business with more free time.

Join me now for Part 2, refer to your copy of the chart, and learn the simple business model that can be a big game-changer for you!

Profit by Design is a Tap the Potential Production in collaboration with Small Business Consulting Group.

 

Show Highlights:

  • Learn the difference between $10 an hour activities and $10,000 an hour activities! 
  • Why many business owners need to let go and delegate bookkeeping activities to a qualified professional
  • How to apply the 80/20 principle in regards to making your time worth $10,000 an hour by finding your “sweet spot” at the intersection of your top clients, your unique offerings, and your systemization
  • Understand the basics of identifying your top clients in terms of the revenue they bring in, the ease of doing business with them, and their alignment with your immutable laws.
  • How the 80/20 principle can give you the choice to let go of your most challenging clients and customers without decreasing your profitability–and focus on your top 20%, who bring in 80% of your revenue!
  • How to get clear about the overall desired outcome, which is growing profitability and increasing YOUR free time
  • How to focus on hiring A-players to create your lean and mighty team
  • How to navigate the “messy middle” of letting go of difficult customers and team members who aren’t the best fit with the sweet spot of the business
  • Why the “gremlins” show up when you are on the cusp of change and major breakthroughs
  • How to add more value for your top clients and customers by freeing up your mental space and focusing on $10,000 an hour activities

Links and Resources:

 


Mentioned in this episode:

TapthePotential.com/assessment

Would you like to have your own personalized list of $ 10,000-an-hour activities, the things that you know with confidence? If I focus on this area, it's going to improve the ease of doing business and the profitability of our business. Not only that, it will improve your quality of life. You can take our Better Business, Better Life assessment at TapthePotential.com/assessment, and you will have the opportunity to receive your very own personalized list of $ 10,000-an-hour activities. Plus, we will also send you a signed copy of my book The 4 Week Vacation™. Head on over to tapthepotential.com/assessment.

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