Buy Back Your Time - Dan Martell - 2023


Let me try a new format.

Recommendation: Yes by Coach Cathy (thanks)

Length: 8 hours audio (short)

Thesis: As your business makes more money calculate your buy back rate and hire staff to do more of the tasks you don’t want to do so you can focus on the tasks that really light you up and repeat this endlessly. 

Should you take time to read it: maybe (more relevant if you own a business or are thinking of starting one)

What stood out to me from the book: The buy back calculation as discussed in the book is as follows: if you make 200k a year divide that by 2000 then divide that by 4. This is your buy back rate. So in this case you can afford to pay someone $25 an hour to complete a task you dont like to do. For example maybe you don’t like reading your email or organizing your calendar. You could hire an administrative assistant. With the extra time you free up you can focus on something that you do like to do and that will make your business more money. As you make more money you repeat this process.

I really liked the examples he used in this book such as Oprah and Club Penguin.

Good sections on dreaming big, feedback, and time auditing.

What Brian is reading next: In the Garden of the Beasts by Erik Larson (also hope to finish Extreme Ownership this week)

Thanks!

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