Create Wealth Through Franchising

How to Build Resilient Systems and Achieve Entrepreneurial Freedom

6 snips
Dec 11, 2024
Mike Abramowitz, an accomplished author and business coach, shares his inspiring journey from sales struggles to coaching success. He emphasizes the importance of creating systematic processes that promote operational efficiency. Listeners learn how to achieve time and location freedom while maintaining personal fulfillment. Mike discusses leveraging technology to optimize business structures and shares transformative insights from his life-changing experiences at a Tony Robbins event. His strategies empower entrepreneurs to focus on what truly matters and grow sustainably.
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ANECDOTE

Mike's Journey

  • Mike Abramowitz's journey started with Cutco sales, leading to coaching after facing life challenges.
  • Inspired by Tony Robbins' message, he wrote books and helped businesses improve time efficiency.
INSIGHT

Better Than Rich Definition

  • Being "better than rich" means achieving time, money, and location freedom while maintaining fulfillment.
  • It's about prioritizing relationships and meaningful pursuits alongside financial success.
ADVICE

Delegation Strategy

  • Delegate tasks strategically, starting with administrative work, then marketing, fulfillment, sales, and finally leadership.
  • Use the 10-80-10 principle: do the first and last 10% yourself and delegate the middle 80%.
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