3 Steps to Overcome Overwhelm and Thrive in Your Business
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Summary
In this episode, I teach you a three step strategy that will take you from feeling overwhelmed and stuck to feeling free and thriving in your business. It s one of the most powerful strategies that I teach entrepreneurs to not only find time in their calendar, but to focus on things that light them up and make them money.
Transcript
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that's gonna take you from overwhelm and feeling stuck
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While ago, I was working with one of my clients, Jonathan,
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and they had exploded in growth in the previous year.
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He didn't know what to prioritize, what to strategize.
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because he thought that's what I should do as a CEO.
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He was literally able to buy back almost a full week
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So the buyback loop includes three specific steps.
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as soon as we feel like we've hit the cap on our capacity,
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logging every 15 minutes. What do you do with your time? Are you checking emails? Are you looking at
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TikTok? Are you on phone calls? Are you writing proposals? Are you managing Slack, project
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management, whatever you're doing every 15 minutes, you should set a timer goes off, you log it in a
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book, you log it in your journal. And then what you do is after you have two weeks worth of logs,
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you go back through at the beginning and you highlight in green everything that gives you
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energy and you highlight in red anything that sucks your energy so that you start to get a
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sense of the activities that light you up that make you feel excited about the future and all
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the stuff that you're just like despair about you're just like oh not looking forward to it
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then you take that list and you put one dollar sign if it's a cheap thing to give somebody else
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to do and four dollar signs you can put two or three or four four if it's an expensive thing
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Maybe if it's like operate your business or be the CEO,
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those are very expensive things to pay other people to do.
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and you understand the cost of those activities,
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It's very obvious once you start looking at your time
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and you review it, you audit it to get very clear
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where there's opportunities to delete, to defer,
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We need to learn how to delegate the things we're doing
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I use this methodology called the camcorder method.
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And the way that works is I record myself doing the work
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Today, I just use Zoom and I do a meeting by myself.
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sharing my screen so that I just talk over what I'm doing.
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even before I hire somebody to give them the work to do
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if I have three, four, five of these recordings,
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managing my inbox, publishing social media videos,
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and then just recording yourself doing that work.
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That now becomes the training for the new person.
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When you hire the person, you give them the videos
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you've got the SOP, the playbook, and then the new person hits the ground running even harder.
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That process changed the game for me on everything. I mean, I take it to a level today where
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like I use my iPad, a lot of people don't realize this, but you can screen record and audio record
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on your iPad on your phone. And as your pro you can literally on a flight, you could do this,
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you could record yourself processing your inbox or managing your calendar, record the screen,
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talk out loud into your AirPods or whatever, and then take that recording, upload it through iCloud
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and share it with a new team member and say, you're now taking this over. There's so many ways
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to use the camcorder method to make the transfer step in the buyback loop so much more easier for
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you without adding extra time to your calendar to transfer items off your plate. The third step is
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fill. And fill is all about filling your calendar that you've just bought back all this time with
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new activities that are either going to make you more money, that's the kicker, and hopefully light
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you up. They're things that give you energy. Now, most people get this wrong because they just
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respond to the world's demand on their time. There's no strategy behind it. Here's my filter.
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This is my strategy. And I learned this analogy from a guy named Alex Hermozzi. Definitely check
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him out. But it's the idea of the ladder of success, okay? The ladder is built with these
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three parts. And these are the things that you want to consider when you're filling up your time.
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Strategic planning, financials, whatever it is for you,
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you need to identify the gaps in where you're currently at,
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what you wanna achieve and invest in those skills
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from going to seminars, reading books, buying courses,
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to teach you these skills so that you can move up that left side of the ladder. That's the
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beginning. The right side of the ladder is made up of beliefs. And beliefs are so important as
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you grow your business because it's the blocker that's stopping you from even being able to take
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action often. You know, Jim Rohn, who is one of the most important motivational speakers from
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the past century, he had this great example of this sales guy that looks outside and there's a
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storm. And he looks outside of the storm and he goes, holy cow, look at that storm. There's no
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way I can go out today and sell. He's a door-to-door sales guy. This other sales guy looks outside,
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he sees the same storm and he goes, yay, a storm. It's going to be great. Everybody's going to be
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home and none of the sales guys are going to be out. Think about that. Two different people,
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two different beliefs. One had the proper belief that's going to make him take action to actually
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grow his business. That's the right side of the ladder. The center of the ladder is character
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traits. This is how you show up. It's who you've become. It's your identity. And the investments
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you want to make there are things like relationships, right? Your associations to
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other people are going to affect your development of character traits and your environment. You know,
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paying to be part of groups where other people inspire you. They motivate you. They force you
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through positive peer pressure to play a bigger game. These are the things that are going to
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develop your character. So when I'm thinking of filling my time in my calendar, I'm always asking
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myself, what's the future skills I got to develop to get to the next level? What beliefs do I got
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to challenge and overcome to make this process easier? And then who do I need to become? What
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identity do I need to adopt to make that journey easier? That is the ladder of success that you want
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to build and design as you fill back up your calendar with all the time that you bought back
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So if you're feeling at capacity and you're overwhelmed,
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Audit your calendar, do a time and energy audit,
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then transfer all the red stuff that's low value
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off of your plate, and then fill it up with things
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Be sure to check out my new book, buybackyourtime.com.
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I dive into the buyback loop and all these other principles
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to allow you to elevate your business and your life.