Beyond Selling Homes: Time Strategies for Real Estate Pros | The Better Than Rich Show Ep. 139
Beyond Selling Homes: Time Strategies for Real Estate Pros
In the fast-paced world of business, the age-old adage “time is money” couldn’t be more relevant. Mike Abramowitz, host of the Better Than Rich Show, dives into a transformative discussion on the true value of your time and how it can revolutionize your approach to business. While his insights are tailored for real estate professionals, the principles discussed are universally applicable to entrepreneurs and business owners in all industries.
The journey begins with a fundamental question: Do you know what your time is worth? It’s a question often overlooked but carries immense significance. Mike guides you through the process of determining your target hourly earnings, providing a concrete foundation for your business aspirations. Once you grasp the value of your time, the path to exponential growth unfolds.
Imagine having the ability to delegate tasks that fall below your target hourly earnings, effectively freeing up your schedule and energy. Mike takes you through various categories of tasks, from communication and marketing to lead generation and client relationships. The aim is to identify those tasks that drain your time and resources without contributing to your bottom line. These are the tasks ripe for delegation or automation.
Here’s where the “aha” moment occurs. While it’s clear that delegating tasks requires an investment – be it in team members or technology – Mike unveils the hidden opportunity. Suppose you’re making $238 an hour, and you hire someone at $38 an hour to handle certain responsibilities. Rather than seeing this as an expense, you should view it as an investment. By freeing up your time from lower-dollar tasks, you can focus on high-value activities that generate even more revenue.
Mike explores these high-value activities in detail, highlighting their potential to transform your business. From in-depth market analysis and strategic networking to client-centric activities and personal development, these are the levers of growth and success. They not only boost your revenue but also improve your work-life balance, enabling you to enjoy the fruits of your labor.
The journey doesn’t end there. Mike invites you to join their thriving community, “Automate, Delegate, Systemize,” where you can share your insights, questions, and progress with like-minded professionals. Additionally, he offers the opportunity for live sessions to bring this transformative message to your company or community.
In a world where time is the ultimate commodity, mastering its value is the key to sustainable business growth. Mike Abramowitz’s wisdom transcends the real estate industry, providing a roadmap for all professionals seeking to work smarter, not harder. Start your journey to success today by understanding the true worth of your time and harnessing it for greater achievements.
By optimizing your time and focusing on high-value activities, you can unlock your full potential as a business professional. Remember, in the world of business, time is not just money – it’s the currency of success.