Buy Back Your Time: How to Scale Your Business Without Losing Your Freedom
Michelle Jacobik
Business Profit Advisor supporting ambitious entrepreneurs with a clear approach to building a PROFITABLE Business ll ??Author THE PATH TO PROFITS Contributor Seen on ABC, NBC, FOX, KTLA, PIX11, SXSW 2023
As entrepreneurs, it’s easy to get trapped in the day-to-day operations of our businesses, but Dan Martell’s Buy Back Your Time offers a game-changing solution. This book is packed with actionable insights that show you how to grow your business while enjoying more freedom than you ever thought possible. The key? Removing yourself as the bottleneck.
Most of the entrepreneurs who step into my 2-Day Thrive Hive Masterminds are seeking answers to this very problem. They’ve built successful businesses, but now they’re stuck—overworked, overwhelmed, and unsure how to scale without burning out. And often, they admit they are the bottleneck.
If you resonate with that, I’m here to share how you can start unbottlenecking your business today, using some of Dan’s core strategies. Below is a simple guide to help you take the first steps toward reclaiming your time and building a more scalable, sustainable business.
4 Tips to Start Buying Back Your Time
1. Audit Your Time
The first step to regaining control of your business (and your life) is knowing where your time is going. For one week, track your activities and divide them into two categories: Revenue-Generating and Non-Revenue Generating tasks. This will help you identify what tasks are eating up your day and where your bottlenecks are.
Pro Tip: Use a time-tracking tool like Toggl or RescueTime to easily monitor where your time is being spent. The goal is to get clear on how much time is going to activities that aren't directly tied to business growth.
2. Delegate Non-Essential Tasks
One of Dan’s biggest concepts is the buyback loop, which involves taking the lowest-value tasks off your plate first. Once you identify which non-revenue generating tasks can be handed off (think admin work, social media posting, customer service), begin outsourcing them to trusted team members or freelancers.
Pro Tip: Start with just one task this week. Even delegating something small like inbox management or client invoicing or follow up can free up hours of your time.
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3. Set Up Systems and Automation
A critical piece to removing yourself from the daily grind is creating systems that allow your business to run smoothly without constant oversight. Documenting processes and workflows for repeatable tasks will make it easier to delegate and scale.
Pro Tip: Begin by documenting your most time-consuming tasks. Tools like Loom can help you record your screen and walk through each process, so you can easily onboard new team members. Automate wherever possible—whether that’s invoicing, client onboarding, or follow-up emails.
4. Invest in the Right Team
The truth is, you can’t do everything yourself—and you shouldn’t have to. Part of buying back your time means surrounding yourself with people who can take on responsibilities that free you up to focus on vision and growth. Hire experts where it matters most, whether it’s operations, marketing, or customer relations, and trust them to help move the business forward.
Pro Tip: Start by identifying the key areas where you need the most support and look for contractors or part-time hires to fill those gaps. Eventually, as your systems grow, you’ll build a team that allows you to step back from the day-to-day.
Bringing It All Together: The Thrive Hive Experience
These strategies are at the core of what we tackle at my 2-Day Thrive Hive Masterminds. So many entrepreneurs who attend share that they’ve become the bottleneck in their business—trying to do it all themselves. Our focus at the Hive is on removing those roadblocks and creating space for you to grow, not only your business but your personal freedom as well.
At our next Thrive Hive in Savannah, GA, we’ll be diving deeper into these style concepts from Buy Back Your Time and other transformative strategies to scale while maintaining your lifestyle. If you’re ready to stop trading time for money and take control of your business, this is your invitation to join us. (we keep these Masterminds to 25 people and 12 seats are already spoken for)
Remember, your business should be designed to support your life—not the other way around. By starting with these steps, you can unbottleneck your business and buy back the most precious resource you have: your time.