510: Work Less and Make More by “Working the System” w/ Sam Carpenter & Josh Fonger 01:29:48

    <p>As an <strong>entrepreneur</strong>, you may be used to<strong> putting in hours of work learning new tactics, skills, and strategies</strong>. 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<strong> a prison sentence for many “hands-on” entrepreneurs</strong>. This is how <a href="https://www.workthesystem.com/sam-carpenter/"><strong>Sam Carpenter</strong></a>, author of <a href="https://www.amazon.com/Work-System-Fourth-Mechanics-Working/dp/1626347697/"><em>Work the System</em></a> felt as he put in <strong>110 hours a week just to keep his business afloat</strong>.</p><p>Sam realized why he was working so hard without seeing results: <strong>there were no systems in his business</strong>. Once he started <a href="https://www.biggerpockets.com/blog/landlording-systems">implementing systems and processes</a>, he<strong> went from 110+ hour weeks to 2 hour weeks</strong>. The same happened with one of his students and now partner, <a href="https://www.workthesystem.com/josh-fonger/"><strong>Josh Fonger</strong></a>, who runs <a href="https://www.workthesystem.com/">Work the System Enterprises</a> where he helps business owners from over 50 countries scale their businesses with far less headache.</p><p>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<strong> three live guest calls on this episode’s recording </strong>to help with their specific business problems. As all the guests are real estate investors and professionals, much of the <strong>advice may translate to your business as well</strong>!</p><p><strong>In This Episode We Cover:</strong></p><p>Why a system doesn’t need to (and shouldn’t) be complicated to design and implement</p><p><a href="https://www.biggerpockets.com/blog/elite-investors-know-their-time-worth"><strong>Reducing your time, effort, and energy spent on work</strong></a></p><p>Understanding <strong>which systems need to be fixed or removed</strong> entirely front our life</p><p>How to<strong> stop playing “whack-a-mole”</strong> with your business processes</p><p>Why so many <strong>businesses fall behind after improving </strong></p><p>Creating a sustainable solution that <a href="https://www.biggerpockets.com/blog/investor-spotlight-erin-helle"><strong>gives you (the entrepreneur) maximum freedom</strong></a></p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/biggerpockets-business-podcast">BiggerPockets Podcast</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://odcfund.com/">Open Door Capital</a></p><p><a href="http://biggerpockets.com/insights">BiggerPockets Insights</a></p><p><a href="http://biggerpockets.com/books">BiggerPockets Books</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-254-tim-ferriss-real-estate-top-performer-his-tribe">BiggerPockets Podcast 254: Tim Ferriss on Real Estate, Becoming a Top Performer and His Tribe of Mentors</a></p><p><a href="https://www.biggerpockets.com/blog/2015-08-27-bp-podcast-137systems-scale-real-estate-business-sam-craven">BiggerPockets Podcast 137: How to Use Systems to Scale Your Real Estate Business with Sam Craven</a></p><p><a href="https://www.workthesystem.com/">Work the System Website</a></p><p>Click here to check the full show notes: https://www.biggerpockets.com/show510</p>
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