Freedom Ocean Profitable Internet Marketing Business Podcast

#79 – 3 Steps To Double Your Profit And Halve Your Work Hours – Part 2 of 3


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James and Timbo are back, with the second installment of their 3-part series about reducing your work hours and multiplying your wealth. In this episode, uncover the whys and hows of leveraging a team to unlock business growth and profit.

In this episode:
01:27 – If the Internet broke
03:25 – Black magic?
06:01 – Shramkomatize!
07:20 – From stage presentation to 3-part course
10:52 – Part 2: Team
11:39 – The 3 main steps
15:34 – Conducting the orchestra
19:12 – The game changer
23:41 – Work out this one big thing
26:07 – You need SOPs
30:43 – James’s essential communication tool
33:53 – Small batch sizes
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Tweetables:
There’s a ME in TEAM. [Click To Tweet]
You want to be the conductor. [Click To Tweet]
The by-product of creating value is wealth. [Click To Tweet]
 
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Transcription:
Tim: Jimmy James?
James: Timbo, I’m calling you on your mobile.
Tim: You are?
James: How about we do an episode?
Tim: (Laughs) It’s very clever how technology is such an enabler.
James: Yeah, I’m using Skype, where I can just dial a phone number. It’s what I use when I’m overseas.
Tim: My kids accuse me of being stuck in the 80s, but I reckon you’re a man of today.
James: I’m a modern marketer. I have Skype, and I’m prepared to use it.
Is the internet here to stay?
Tim: And if any of this does go to where, I’ve got a little insight, which I think this Internet thing will take off, and we’re proving it.
James: You reckon the Internet’s going to be more than just a fad?
Tim: I think it’s here to stay. Come on, what kind of question is that?
James: Well, I have a vested interest in it. I couldn’t do what I do now as easily, but my great grandfather was doing a similar business model to me, just doing it a little bit more manually.
Tim: Yeah, right. Well, you do have a very vested interest in it. I have a vested interest in this thing called the Internet, and you know, if we look at it that way, we’ve got all our eggs in one basket. Anxious?
James: No, because if the Internet broke tomorrow, if we go all Mad Max Beyond Thunderdome, then I think I could go and do something else, like teach market farmers how to sell more vegetables, or get into the gold bullion trading business or something.
Tim: I’d love to see you go out on the land and teach the farmers. Because I reckon that a flannelette shirt would become you. Flannelette shirt, moleskins, R.M. Williams, and a little bit of hay just sticking out the side of your mouth, Jimmy.
James: That’s a time warp. I used to have flannelette shirts, I used to have a utility, and I do have R.M. Williams that were well-worn, like in those advertisements. They were literally down to stitching.
Tim: When I first met you, you were on the land. You were on some land.
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Freedom Ocean Profitable Internet Marketing Business PodcastBy James Schramko and Tim Reid