Dan Martell - April 24, 2023


Here’s how young CEOs buyback their time


Episode Stats

Length

46 seconds

Words per Minute

254.19354

Word Count

197

Sentence Count

13


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 I moved to San Francisco 2008 after selling my first company, and I meet these like 23-year-old
00:00:04.920 kids that are running $100 million companies. How do they do that? But when you see them operate,
00:00:10.480 what's absolutely different, they're immediately buying back their time. They're literally building
00:00:14.720 a team underneath them so that they can express their creativity and do the thing that only they
00:00:19.420 can do. The buyback principle starts with that, but then it's like, well, how do I do that when
00:00:23.360 I'm just starting off? Well, you got to look at your calendar. You got to ask yourself, what are
00:00:26.440 the things I'm doing that take my energy, that have the lowest cost to pay somebody else to do.
00:00:31.040 That's the bucket of stuff you should start with hiring. You should never hire somebody to the
00:00:35.200 side or above you. You should always hire things that have the biggest swath of time that can come
00:00:39.480 out of your calendar. And then it's to fill it up. You don't just do nothing. No. And most people
00:00:43.680 wouldn't even know what to do if I gave them a week a day back. Invest in yourself.