Money-Making Activities vs. Time Wasters

We've all heard it countless times: "Do what you do best and outsource the rest." It's a phrase that has become almost a mantra in the business world. But is it always right? I'd say, not necessarily. On paper, it's logical – why waste time learning something new when you can hire someone else to do it? But here's a catch: just because you're great at something doesn't always mean it's the right task for you. The real value here is time. It's an invaluable asset that, once lost, can never be regained. Unlike money, which can always be earned back, every second that ticks away is gone forever. This episode delves deep into this priceless resource - time. Are you stuck in daily operational tasks like checking social media, training clients, or shopping runs? If so, you might be missing the bigger picture. As the captain of your ship, your role extends beyond the day-to-day. It's about guiding your business, exploring new opportunities, and making strategic decisions. The key question is: which tasks are uniquely yours, and which can be delegated? As the visionary and chief of your enterprise, you need to focus exclusively on activities that drive revenue and growth. After all, while training sessions are crucial, should the owner of the business be the one delivering them when there are other pressing strategic decisions to be made? A hot topic, isn't it? Join Tim and Randy in this riveting episode as they dive into the profound concept of how, as a business owner, you buy your time, but you get your time back.Let’s dive in!Key Takeaways:The Iron Circle Experience (00:00)Challenging the ‘Do What You Do Best and Outsource the Rest’ saying (02:12)How do you spend your time (04:27)Prioritizing time and delegating tasks for business growth (07:57)The mindset of gym owners (12:51)Loyalty and decision-making in a gym business (22:08)Selfishness in the gym industry (26:25)Additional Resources:- Business Accelerator Program winninggym.com/call- Learn more about The Iron Circle - Business Talk with Fitness Professionals Facebook group - Jump on a call with Randy---If you haven't already, please rate and review the podcast on Apple Podcasts!

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