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Marketing School - Digital Marketing and Online Marketing Tips

How to Buy Back Your Time so You Can Make More Money | Ep. #513

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Marketing, Business

4.61.4K Ratings

🗓️ 26 December 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

In Episode #513, Eric and Neil discuss how important it is to find places where you can buy back your time so you can focus on what’s important to your business and making money. They also share some apps that will prove helpful in showing you how to become more efficient with your time. Time-Stamped Show Notes: [00:28] - Today's topic: How to Buy Back Your Time so You Can Make More Money [00:52] - Hiring people for certain jobs doesn’t mean you think you’re better than somebody else. [01:10] - Hiring others can allow you to focus on the high-leverage things you can be doing. [02:04] - Eating at restaurants and ridesharing services are examples of ways you can buy back your time. [02:17] - Hiring people to help you do things gets you the leverage to have the maximum impact. [02:24] - It is easier to buy back your time now than ever before. [03:12] - Focus on your efficiencies. [03:35] - Use the RescueTime app to show you the places where you are inefficient. [04:07] - Applying the Pareto Principle to relate to how time relates to making money. [04:28] - Use the Moment app to see how much time you are spending on your phone. [05:11] - Google a task prioritization chart and use that to see where you are spending your time and on what tasks. [06:34] - That's it for today! [06:45] - Go to SingleGrain.com/giveaway for a special giveaway. Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Get ready for your daily dose of marketing strategies and tactics from

0:06.8

entrepreneurs with the guile and experience to help you find success in any

0:11.4

marketing capacity. You're listening to marketing school

0:14.5

with your instructors Neil Patel and Eric Sue.

0:19.4

All right guys before we start we got a special message from our sponsor.

0:27.0

If you want to rank higher on Google, you got to look at your page speed time.

0:31.5

The faster your website loads, the better off you are. With

0:34.4

Google's core vital update, that makes it super, super important to optimize your

0:38.5

site for low time. And one easy way to do it is use the host that Eric and I use dream

0:44.5

host so just go to dream host or Google it find it check it out and it's a

0:49.3

great way to improve your load time.

0:51.6

Welcome to another episode of Marketing School.

0:55.0

I'm Eric Sue.

0:56.0

And I'm Neil Patel.

0:58.0

And today we're going to talk about how to buy back your time

1:00.0

so you can make more money.

1:02.0

So what does that mean exactly? So I was just thinking about this and you know right now I know Neil's partner Mike does this. You know he has a maid for example that comes to clean and he also has someone that cooks as well right so you know that sounds very you know boosy it's like why would you you know who do you think you are you know you're hiring these people do you think like you're better than people it's not that at all right and right now like yes I have someone you know that comes to help me clean and then someone that also delivers food to me at the same time but it's like at the end of the day when you are you know you think about

1:34.8

what Neil's doing or what his partner is doing or what I'm doing you are focusing

1:38.9

on the things that will help you make a thousand dollars per hour or ten

1:42.0

thousand dollars per hour right ten thousand dollars per hour right

1:43.2

these are the really high leverage things that you can be doing whether it's meeting with

1:46.2

the potential client or you know it's meeting with people for a potential deal like

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