Calculate your hourly rate, then outsource anything below it. If your time is worth $100 an hour, paying yourself $15 to do admin work costs you $85. Post your rate where your team can see it so they help keep you focused on what only you can do.
Questions this video answers
10 hours a day.
About a 50-hour minimum work week.
Over the next 90 days.
$100 per hour (many participants were over $100/hr).
Approximately $15–$30 per hour (speaker specifically mentions $30/hr and references $15–$20).
Super simple exercise we went through basically to decide what your worth was on an hourly basis.
If you're going to put 10 hours a day into your business, what did.
You have to be, what tasks could you take on and what were those tasks worth? A lot of you, they were. Everyone was over 100 bucks an hour. Right. So everyone wants to make. Most of you are probably working in.
Entrepreneurial work week, which is probably a.
50 hour minimum work week, which is probably what I'm working now. Now I've got a couple businesses that.
I'm focusing on but I've got a.
Lot of 10 hour days that I put in.
You know, some coaching days. I start at 7:30 and I'll go until 6:30 and I'll be all in all day long. Sometimes I can't even get a pee break.
But what's the, what's the level of pay that you're willing to get rid of? Everything that's, that's you know, at least half of that. So even if it's 100 bucks an hour, everything that you could farm out.
At 30 bucks an hour, you've got.
To get it off your plate over.
The next 90 days.
So you could spend more hours at.
$100 an hour and less on the 15, 20 and $30 an hour activities that you're doing.
So that's the whole point here. And if you weren't at the intensive, you got to grab 5 index cards or print it out on 8.5 x 11 color paper and hang it around everywhere. You know, say my time is worth so right in the first line. My time is worth big $250, you know, dollar sign $2.50 per hour and get that everywhere. And make sure your team understands what that means. Right. So decide what's your number? Surround yourself with people that get it so when you put up that number, they understand the context of it. And the only way you can employ a bunch of admin showing agents, buyer agents, listing agents, marketing people, runners. The only way you can make fulfill this dream and empower a bunch of.
People and employ a bunch of people and support their families is if they understand that you need to be in your highest and best use.