3 Things From "Buy Back Your Time"

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We all have the same 24 hours in a day that Jeff Bezos, Elon Musk, Richard Branson, and other billionaires have but they can get WAY more done in one day than most of us are.

That’s because they are masters of delegating work.

Of course, these guys don’t do everything in their company and have a lot of people supporting them. Without their team, they wouldn’t be able to focus on what really motivates them or grows their business.

Buy Back Your Time by Dan Martell is a business/entrepreneurship-focused book but I think the lessons can be applied to our personal lives as well.

3 Takeaways

1. If you run a business hiring an administrative assistant to accomplish your auxiliary tasks will allow you to focus on what actually fulfills you and keeps the business running. If you don’t have a business you can still apply this in your personal life by saving time on cooking, cleaning, and laundry. Meal prep services, wash and fold services and maid services will all help you buy back your time. You have to decide if your time is more valuable than the cost of those services.

2. Time audits: take notes on everything you do throughout the day in 15-minute intervals and write it down. From there you can identify what is fulfilling you and what is draining you. If possible, delegate what is draining you and spend more time on what is motivating you, which leads me to the next point.

3. The buyback loop: When you have something coming up that you are dreading doing the buyback loop is the simple outline Martell suggests you use. Pain, Audit, Transfer, Fill, then keep moving. Trimming the fat from your schedule and filling it with what you enjoy is the main concept of this book.

There are a lot of ways to buy back your time or outsource tasks. That doesn’t always mean you have to spend money. The key is finding the opportunities and figuring out the solutions.

Time is truly a limited resource and many businesses thrive around convenience and saving you time.

Look at Colleges and Universities, instead of doing years of research, you pay someone to save you time by condensing multiple years of experiments and trial and error into a few weeks.

There are tons of free resources out there focused on saving you time too.

The key is finding the opportunities and solving how to outsource them.

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