Siimon Sander runs a portfolio of profitable internet businesses, including AboutHire, Oscar Hamilton, and PodcastWise.

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Guest Resource

AboutHire – Refreshingly simple video interview software.

Oscar Hamilton – We help you succeed with podcasting.

PodcastWise – Connect With Top Podcasters Without a PR Agency.

3 Value Bombs

1) A calendar audit is a good place to start. If you truly are feeling overwhelmed, there’s a good chance that you’re burnt out or you just have too much on your plate.

2) If you find yourself supervising too often, you’ve probably hired the wrong people.

3) Be extremely mindful, every single hour, of how you spend your time. If you don’t, then you won’t be able to spend more time with your friends. You won’t be able to spend time with your loved ones, with your partner.

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: Why top CEOs should work 2-hours a day

[1:05] – Siimon shares something that he believes about becoming successful that most people disagree with.

Most entrepreneurs don’t work and don’t need to work extremely long hours to build successful business. For most medium and small-sized businesses out there, working hard is not the answer.

[3:51] – The definition of productivity.

Productivity is working on things that you’re uniquely good at and that give you energy.
Spend at least 80% of your time on tasks that you are amazing at, and 20% of the time you can spend it on low value tasks and reactive requests.

[5:38] – How can we make sure that we are working on high-leverage activities?

A calendar audit is a good place to start. If you truly are feeling overwhelmed, there’s a good chance that you’re burnt out or you just have too much on your plate.

[6:52] – What is a Chief Of Staff, and why do we need one?

There are constant fires that you have to put out. Getting help can get those low value tasks off your plate so you can really focus on high-priority responsibilities.
Get somebody young and hungry.

[10:49] – A timeout to thank our sponsors!

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FranBridge: Many EOFire listeners have launched franchises in a variety of industries outside of food – and FranBridge Consulting has guided them to these premier opportunities! Sign up for a free consultation with Jon – or get a free copy of his book, “Non-Food Franchising” – at FranBridgeConsulting.com!
HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

[13:42] – Finding and onboarding a chief of staff without having to take away a ton of time and energy from your own personal day-to-day.

Observe how you do work on a day-to-day basis.
Once you observe somebody for long enough, you really get an idea of how they make decisions, how they like to think about things, even down to nitty gritty, like how they like to write emails.

[15:28] – How can we make sure that all our tasks get executed?

What you want to do is create a list of every single function in your company.
List the directly responsible individual and the backup person, and then cross train them.
Document the processes step-by-step – exactly how to do every single function at the company.
Be ruthless with your team and yourself to update this progress.

[17:58] – The common mistakes that management makes and how we can avoid them.

If you find yourself supervising too often, you’ve probably hired the wrong people.
Don’t tell people what they’re doing wrong. Instead, teach them how to do something right.
Work on the business, not in the business.
Set goals, not tasks.
Keep your eye on your team’s health and happiness.

[20:49] – Siimon’s key takeaway and call to action.

Be extremely mindful, every single hour, how you spend your time. If you’re don’t, then you won’t be able to spend more time with your friends. You won’t be able to spend time with your loved ones, with your partner.
AboutHire – Refreshingly simple video interview software

[23:00] – Thank you to our Sponsors!

FranBridge: Many EOFire listeners have launched franchises in a variety of industries outside of food – and FranBridge Consulting has guided them to these premier opportunities! Sign up for a free consultation with Jon – or get a free copy of his book, “Non-Food Franchising” – at FranBridgeConsulting.com!
HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

Why Top CEOs Should Work 2-Hours a Day with Siimon Sander

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