8 Minute Millionaire: Learn the Secrets of Millionaire Entrepreneurs

275. The Time Rich 6 Method with Mike Abramowitz

Mar 8, 2024

Mike Abramowitz, founder of Better Than Rich, shares his expertise on helping entrepreneurs reclaim their time. He introduces the Time Rich 6 Method, focusing on setting boundaries, optimizing business systems, and effective communication. Mike emphasizes the importance of documentation, playbooks, and hiring the right team to streamline operations. He also discusses the significance of digital triage and implementing efficient processes to support business growth, ultimately guiding listeners toward achieving the coveted ‘time freedom.’

49:47

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Episode guests

Mike Abramowitz

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Episode notes

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Quick takeaways

The Time Rich 6 Method focuses on six principles that help entrepreneurs regain their time and enhance business efficiency.

Setting clear boundaries and communication guidelines is essential for entrepreneurs to protect their personal time and maintain focus.

Establishing systems and playbooks is crucial for consistent business operations, enabling easier delegation and improved time management for owners.

Deep dives

The Importance of Time Freedom

Entrepreneurs often seek time freedom as a fundamental reason for starting their own businesses. Many desire a lifestyle that allows them to work for themselves while also prioritizing personal interests and family time. Achieving this balance requires careful planning and the development of effective time management strategies. Creating an intentional schedule that distinguishes between work, family time, and personal downtime is essential to attaining this freedom.

Intro

3min

From Struggle to Success: The Journey to Time Freedom

11min

Setting Boundaries for Success

7min

Mastering Digital Triage and Systemization

9min

The Power of Playbooks in Business

11min

Navigating Technology for Business Success

5min

Scaling with ClickUp: Streamlining Business Operations

6min

The Time Rich 6 Method with Mike Abramowitz of Better Than Rich

This episode of Millionaire University features an interview with Mike Abramowitz of Better Than Rich. Mike focuses on helping busy Entrepreneurs win back hours upon hours of their time so they can live their best lives, run their business like a fine-tuned machine, and achieve the time freedom we all desire. Mike shares his Time Rich 6 Method which lays out the six ways business owners can start winning back their time and running a more efficient business while gaining more time to do more living and less working!

What we discuss with Mike Abramowitz:

+ What "Time Rich" means

+ The importance of boundaries with our time

+ Setting guidelines for how clients/prospects/teammates can communicate with you

+ Implementing systems within your business

+ How to design processes to maintain the systems

+ The 5 D's of internal system building

+ Building standard operating procedures

+ The importance of building the right internal team

+ Utilizing the best tech to help you fulfill your internal designs

Resources from This Episode:

Sign up for our FREE Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training.

Thank you, Mike Abramowitz!

If you enjoyed this episode with Mike, let us know by clicking on any of the links below to send him a quick shout-out:

Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!

And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.

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