473: Work Less and Make More: Track Your Time, Delegate, and Tidy-Up Your Super Fast Business with James Schramko

James Schramko is an internet marketer and business coach who has helped over 2,000 students create and maintain six, seven and eight-figure businesses.

He's grown his coaching communities into multi-million dollar businesses that fund a lifestyle he loves. Running his businesses with an input of just hours a week, he finds ample time to surf, spend time with family and friends, watch movies and travel. The keys to such idyllic living are what he shares inside his two paid communities, SilverCircle and SuperFastBusiness.

James talks with us about his best productivity (and simplicity) secrets, easy ways to make money and find the low hanging fruit in your business. 80/20 isn't enough, you must go for 64/4!

Quotes:                                                                                                                                   

“Stop worrying about how and start focusing on who.” – James Schramko

“If you could drop 80% of the things you're doing, you could still end up with 80% of the results you're getting right now.” – James Schramko

“I made a promise to myself that I will always be able to innovate and navigate around change, because that is the constant I face when I'm in business for myself.” – James Schramko

Takeaways:

11:59 4% of your business efforts can generate 64% of your total results, making it crucial to focus on your most productive activities.

17:19 Tracking time and evaluating business assets helps entrepreneurs make rational decisions about which projects to keep, sell, or eliminate.

28:46 Simplifying your business and reducing unnecessary tasks can lead to increased profitability and personal satisfaction.

30:06 Stop worrying about "how" to do things and start focusing on finding the right "who" to help you accomplish your business goals.

34:26 Building a successful business is about finding an offer that converts and scaling it, rather than creating multiple mediocre offerings.

Resources

Podcast: Play in new window | Download (Duration: 38:48 — 35.5MB) | Embed

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Filed in: Archive 2: 2017 • Business • Interview • Money • Podcast • Productivity

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