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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
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.
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.
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