Dan Martell - Don't hire people and do their job

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00:00:00.000 I teach this framework, the buyback principle,

00:00:02.120 on how to look at your time

00:00:03.380 and where you can actually buy it for very cheap.

00:00:05.980 The challenge most people do is they buy it back,

00:00:08.420 but it doesn't stay sold.

00:00:09.600 They like hire people, contractors full-time,

00:00:12.060 sitting there with the person doing the work

00:00:14.480 instead of letting the person do the work.

00:00:16.320 Once you give somebody the task, let them own it.

00:00:19.620 If it's like cleaning the bathroom,

00:00:21.120 don't clean the bathroom.

00:00:22.360 You jumping back in to do the work

00:00:24.160 is not gonna teach them anything

00:00:25.800 and it's not gonna get your time back.

00:00:27.760 So if you keep jumping in every time there's a fire,

00:00:30.000 then where did you get the extra leverage?

00:00:32.420 Where are you actually going to redeploy that hour

00:00:34.580 to something that's going to make you more money?

00:00:36.220 Buy back the time.

00:00:37.180 It's got to stay sold.

Dan Martell - September 23, 2024