From Burnout To Boredom: Crafting Your 4 Hour Work Week w/ Eric Farewell

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 29 January 2024

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A few years ago Eric Farewell was working 100 hour weeks, and he did that for 8 years.

Today he works a few hours a week and he still has a multimillion dollar business.

In this episode Eric shares how he pulled himself out of the day to day operations of his business while still maintaining profitability.

Ryan asks him about how he went from burnt out and bored to finding excitement, following new ideas, and taking the business flying to new heights.

This is the interview that can show you how to stay in a high level position in your business so that you are working on the things that actually move the business forward.

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Transcript

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0:00.0	A few years ago, Eric Farrell was working 100-hour weeks, and he did that for eight years.
0:11.9	Today, Eric works a few hours a week, and yet he still has a multi-million dollar business.
0:18.3	In this episode, Eric shares how he pulled himself out of the weeds
0:22.2	of his business while still maintaining profitability, how he was able to go from absolutely
0:27.2	burned out to admittedly bored and pursuing new breakthrough ideas. Today, instead of working 94
0:35.0	hours a day, Eric spends most of his time with his kids and looking
0:39.1	for the next breakthrough while treating his company like he is a consultant rather than doing
0:44.1	every little thing in his business. This is a transition I'm going through right now and that
0:49.0	a lot of entrepreneurs are looking to make in their business. How do you simplify things so that you can show up in your
0:55.6	zone of genius? Because we all know that when you do that, that is when the company will grow.
1:01.3	We love to think that we will grow the business just by working more hours. But we've all experienced
1:06.7	when we end up working on things that aren't important and that don't move the business
1:11.7	forward.
1:12.7	This is going to be the interview that helps you see how you can stay in a high level position
1:17.3	in the business so that you're working on the things that actually move the company forward.
1:22.3	Hey, Eric, good to see, man.
1:23.6	Glad to be seen.
1:24.5	Yeah.
1:25.7	Eric, the way I like to start these is asking, how did you make your money?
1:31.9	Painfully, with lots of sweating and stretching and almost dying a few times.
1:38.6	Do you want to say more about that one?
1:40.2	I think I think what should be said first is this is probably the first podcast that I've heard of
	...

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