Everyone wants to make more money. But, as an entrepreneur, you may be used to putting in hours of work learning new tactics, skills, and strategies. While it’s a commendable feat to build a profitable business, it can also be a prison sentence for many “hands-on” entrepreneurs. This is how Sam Carpenter, author of Work the System felt as he put in 110 hours a week just to keep his business afloat.
Sam realized why he was working so hard without seeing results: there were no systems in his business. Once he started implementing systems and processes, he went from 110+ hour weeks to 2 hour weeks. The same happened with one of his students and now partner, Josh Fonger, who runs Work the System Enterprises where he helps business owners from over 50 countries scale their businesses with far less headache.
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https://www.amazon.com/Work-System-Fourth-Mechanics-Working/dp/1626347697/
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https://www.workthesystem.com/get-the-book-free/
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Learn How You Can Work The System
https://www.workthesystem.com/
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Why Elite Investors Know Exactly How Much Their Time Is Worth:
https://www.biggerpockets.com/blog/elite-investors-know-their-time-worth
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Episode #510
Show notes at: https://www.biggerpockets.com/show510
0:00 Intro
0:57 Quick Tip
4:01 EVERYTHING is a System
10:40 What Does It Mean to Have a System?
14:13 Knowing What You Need Before You Need It
26:12 Almost Losing His Business
39:25 Meeting His Partner Josh
40:51 Welcome Josh!
45:28 Live Guest #1
59:18 Live Guest #2
1:04:34 Live Guest #3
1:13:54 Entrepreneur Advice
1:16:09 Famous Four
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