184: Time Really is Money: Scale Your Business to $5,000 Per Hour with Rob Slee
Rob Slee is an author, investment banker, mentor, and business owner who specializes in helping entrepreneurs and freelancers increase the value of their time. He wrote the book "Time Really Is Money," which explains how people can scale their businesses and focus on higher-value activities to earn more per hour.
Rob Slee, author of Time Really is Money, wants to help you scale to a:
- $50/hour business (where you are the value proposition)
- $500/hour (where you manage employees)
- $5000/hour (where you only deal with the culture, niches, and business model)
- $50k/hour (changing industries)
- $5m/hour (changing the world)
Quotes:
“Working the hardest and putting in the most hours doesn’t necessarily equate to value—it often just leads to early heart attacks.” – Rob Slee
“The higher you go in the value ladder, the fewer hours you work, but the more value you create.” – Rob Slee
“We all settle at our comfort level, sticking to tasks we know how to do—sometimes better than anyone we could hire. As owners of our time, whether we run a business or manage our own schedules, we tend to fall into familiar routines.” – Rob Slee
Takeaways:
01:53 If you own your time, you should focus on the tasks that create the most value, not just work harder.
04:43 Spend your time on high-value activities and let others handle the lower-value tasks, even if they don’t do them perfectly.
08:24 Build simple systems or checklists for tasks you outsource so you don’t have to keep explaining things.
18:36 Write down how you spend your time for a week to see where you can make changes and focus on higher-value work.
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Filed in: Archive 1: 2012-2016 • Interview • Outsourcing • Podcast
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