BiggerPockets Real Estate Podcast 510: Work Less and Make More by “Working the System” w/ Sam Carpenter & Josh Fonger
Sep 26, 2021
Sam Carpenter, author of "Work the System," and Josh Fonger, partner at Work the System Enterprises, discuss how systematization can transform business efficiency. They share personal stories of working long hours and how implementing systems enabled them to drastically reduce their work time. The duo explores practical solutions for real estate management, empowering employees, and leveraging effective systems to increase pricing power and attract high-paying clients. Their insights are invaluable for anyone feeling trapped in their entrepreneurial journey.
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Sam's Journey
- Sam Carpenter, initially a project engineer, bought a call center.
- He worked 100-hour weeks for 15 years, facing divorce and health issues, before discovering systems.
Life as a System
- Life is a collection of systems and processes, even simple tasks.
- Understanding these underlying mechanics helps improve efficiency and achieve desired outcomes.
Define System and Process
- Define your system and process, which are essentially the same.
- They represent a series of steps to achieve a specific objective (from A to B).
