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Dan Martell
- May 03, 2023
The controversial part of buying back your time. @seanTHiNKs
Episode Stats
Length
37 seconds
Words per Minute
242.55319
Word Count
152
Sentence Count
10
Summary
Summaries generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript generated with
Whisper
(
turbo
).
00:00:00.000
what is the buyback principle? The buyback principle states this, and this is the controversial thing
00:00:04.140
is we don't hire people to grow our business. We hire people to buy back our time. One of my
00:00:07.840
friends in construction, he was overwhelmed. I identified that he spent two days a week running
00:00:12.400
around site to site. And I'm like, dude, that's called a runner. That's a person you can hire
00:00:16.380
part-time, a kid. And while they're doing that, you could be on calls with potential new customers,
00:00:21.840
hiring better team members, training your team. Sometimes we just get addicted to the
00:00:26.260
activity. It's like email. Is that really the best use of your time? No, but at least I know
00:00:30.680
that when I wake up, if I just like follow it, I'll feel productive, but it's a false
00:00:34.340
sense of productivity because it actually doesn't move your goals and dreams forward.
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