
The Rich Webster Show
How To Scale Your Business Without Working More Hours
Nov 20, 2023
Learn how to scale your business without working more hours by breaking out of the 'Time Bottleneck,' freeing up 10-15 hours a week, and making each hour more valuable using value pricing. Discover the two steps to get leverage in your business and how to redesign communication systems and increase the value of time. Explore the concept of value-based pricing, recognizing customer preferences, and scaling a business with leverage through delegation and building systems.
44:59
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Quick takeaways
- To scale a business without working more hours, it is important to free up time and increase the value of each unit of time by eliminating non-profitable tasks and focusing on activities that bring the most value.
- Scaling a business can be achieved by increasing prices instead of volume, targeting clients who highly value the product or service, and establishing long-term relationships through offering retainer options.
Deep dives
Freeing up Time and Increasing Value
To scale a business without working more hours, it is crucial to first free up time and increase the value of each unit of time. This can be achieved by identifying non-profitable tasks and stopping them, examining the activities that bring the most value, and focusing on those, and implementing value pricing instead of selling based on the number of hours worked. By doing so, one can create more time to strategize and work on high-value tasks.
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