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510: Work Less and Make More by “Working the System” w/ Sam Carpenter & Josh Fonger

510: Work Less and Make More by “Working the System” w/ Sam Carpenter & Josh Fonger

FromBiggerPockets Real Estate Podcast


510: Work Less and Make More by “Working the System” w/ Sam Carpenter & Josh Fonger

FromBiggerPockets Real Estate Podcast

ratings:
Length:
90 minutes
Released:
Sep 26, 2021
Format:
Podcast episode

Description

As an entrepreneur, you may be used to putting in hours of work learning new tactics, skills, and strategies. Your business rests on your shoulders, and why wouldn’t it, you’re the one who built it from the ground up. While it’s a commendable feat to build a profitable business, it can also be a prison sentence for many “hands-on” entrepreneurs. This is how Sam Carpenter, author of Work the System felt as he put in 110 hours a week just to keep his business afloat.Sam realized why he was working so hard without seeing results: there were no systems in his business. Once he started implementing systems and processes, he went from 110+ hour weeks to 2 hour weeks. The same happened with one of his students and now partner, Josh Fonger, who runs Work the System Enterprises where he helps business owners from over 50 countries scale their businesses with far less headache.If you’ve ever felt that your business relies on you too much to take a day off, take a vacation, or simply work less every week, these are the two guys you need to talk to. Josh and Sam were kind enough to take three live guest calls on this episode’s recording to help with their specific business problems. As all the guests are real estate investors and professionals, much of the advice may translate to your business as well!In This Episode We Cover:Why a system doesn’t need to (and shouldn’t) be complicated to design and implementReducing your time, effort, and energy spent on workUnderstanding which systems need to be fixed or removed entirely front our lifeHow to stop playing “whack-a-mole” with your business processesWhy so many businesses fall behind after improving Creating a sustainable solution that gives you (the entrepreneur) maximum freedomAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBiggerPockets PodcastBiggerPockets BookstoreOpen Door CapitalBiggerPockets InsightsBiggerPockets BooksBiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of MentorsBiggerPockets Podcast 137: How to Use Systems to Scale Your Real Estate Business with Sam CravenWork the System WebsiteClick here to check the full show notes: https://www.biggerpockets.com/show510See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 26, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.