📚 Seriously, this book is a game changer. Principle strategies in this book took our business from failing to a million dollar business in 2+ years. I LOVE the strategies so much, I bought copies for my customers to help them buy back their time.
Curious how you could get into grant writing and build a career in it? Here is a free training on how to do that without volunteering or having prior experience: 👉https://www.learngrantwriting.org/webinar-videos/discover-grant-writing
Whether you’re a software company or another business, there are rules that apply to all business. What’s so juicy about Dan Martel’s book? Let’s break his business principles down into three key takeaways.
1️⃣ Architecting Your Business for Freedom: Y’all, the promised land of freedom only comes with intentionality.You have to design your business for the schedule flexibility, lifestyle freedom, and financial success you’ve always dreamed of. No more falling into the trap of working tirelessly without reaping the rewards you deserve.
2️⃣ The Auditing-Transfer-Fill Loop: Buying back our time begins with auditing your tasks. Once you know how you’re using your time, you can look at what tasks bring you joy? What parts make you money? What parts do you actually wanna do more of and what needs to go? You can then transfer those that don’t align with your strengths, and fill your schedule with activities that boost your income and passion.
3️⃣ Outsourcing and Automation using a DRIP matrix: How do you know what tasks to off load to buy back more or your time? Using a DRIP matrix you can map out what task light you up and make you money, while delegating and outsourcing the other tasks.
Here’s where things get juicy! The DRIP Matrix is broken down below!
🔷 Delegate Quadrant: Tasks you don’t enjoy and that don’t contribute to your bottom line belong here. These are the areas you should swiftly delegate or outsource to free up your energy and time for more meaningful activities.
🔶 Replacement Quadrant: In this zone, you’ll find tasks that generate income but don’t align with your strengths or interests. These are prime opportunities to replace yourself by hiring experts or leveraging technology.
🔷 Investment Quadrant: Identify tasks that light you up but might not be directly revenue-generating yet. These are areas where you’re investing in your business’s future growth and personal fulfillment.
🔶 Production Quadrant: Activities you enjoy that directly contribute to your income and business success reside here. This is where you want to focus your time and energy to maximize your impact.
🤖 By understanding and applying this matrix, you can strategically allocate tasks to buy back your time. Yes, that’s more time for you to be doing the things that light you up and make you money. Remember, the Promised Land of freedom and flexibility is only possible if we architect it to be true!
Curious if grant writing would be a good career for you to architect your dream life? Take our 3 mins personality quiz to find out. 👉 https://www.learngrantwriting.org/successful-grant-writer-quiz/
♥️ Drop us a comment below! How are you buying back your time?
Timestamp:
0:00: Transforming a failing business using Dan Martel’s book strategies for time management & success
1:34: An SOP Playbook, how to hire, build operations & company culture
2:48 Having to overhaul our business model
3:13 Designing your business for freedom & flexibility
4:14 Audit, transfer and fill: Audit your time & task transfer for business growth
5:18 Buy back time: Boost profitability and personal satisfaction power hour work
8:08 DRIP matrix explained: Strategic task allocation for success
10:02: Master the DRIP matrix: Delegate, replacement, investment, production quadrants
11:02: Outsourcing & technology: Reclaim time using AI-supported software Success through smart business design: Strategic focus matters
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