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MYB139: Time Saving Strategies to Reclaim Your Week as a Business Owner

Published 2 months, 2 weeks ago
Description

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin tackle the biggest lie business owners tell themselves: "I don't have enough time."

Time management is a bit of a myth. Everyone from you to Elon Musk gets the exact same 24 hours. Ben and David unpack why some business owners seem to create time out of thin air while others are constantly chasing their tails. They dive into the crucial difference between being a business manager and a business owner, and how stepping out of the day-to-day operations can drastically change your trajectory.

If you are tired of being the superhero bottleneck in your own business, this episode will challenge you to start asking "who can do this" instead of "when will I do this."

Episode Highlights:

00:00 Welcome to the Max Your Business Podcast

01:03 The chaos of end of financial year and why stocktakes need an AI upgrade

04:36 The biggest lie business owners tell themselves about time

06:50 Why role clarity is not just for your team

08:21 The vital difference between a business manager and a business owner

10:46 Case study: How one entrepreneur runs 27 businesses by working one day a week

16:31 The technician versus the entrepreneur mindset

17:42 Why you need to stop playing the superhero and remove the bottleneck

19:00 Where to find 10 extra hours a week and a breakdown of the free workbook

21:18 Calculating your time value: How a client saved 5 hours and generated an extra $250k

28:22 The 10-hour a week challenge and your next steps

Key Takeaways:

  • Owner vs. Manager: Realise the fundamental difference between running the day-to-day operations and actually owning the business.

  • Stop Being the Hero: If every decision goes through you, your business cannot grow. Step out of the bottleneck and learn to delegate.

  • Change Your Questions: Stop asking "What am I going to do today?" and start asking "Who am I going to get to do it?"

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