A peek inside the calendars of 7- and 8-figure entrepreneurs
Things are getting spicy inside the Rich B$tch Club this week, friend!! 🔥🔥
I am going ‘behind the scenes’ and talking about a topic that I’ve only really shared about inside of 7-Fig CEO before.
It’s something near and dear to my heart because it is equal parts practical and actionable.
I’m talking about your most valuable resource - your time.
I’ve said this before and I’ll say this again: show me your Google or Outlook Cal, and I’ll tell you how much money you’re making in your biz.
I know this is a bold statement.
I also know this might hit you the wrong way, friend, and have you saying “but, but, but…”. Believe me - I get it. I've done stupid things with my time too. Stay with me.
For the first number of months in my business, I really, really struggled to manage my time. ⏰
I’d start each work day feeling like - today was finally going to be ‘the day’ where I’d get everything on my list accomplished.
I’d prep all my social media posts for the month.
I'd hammer out those final details on that new offer.
I'd update my bookkeeping.
I'd reach out to that prospective client.
I'd look into the terms of a new office lease.
I'd get my cash flow under control.
But guess what? That perfect day never arrived.
Every day I’d try and every day I’d feel like a failure because I was never able to accomplish everything on my to-do list. 🙈🙈
Emails would be left unread.
I was about as reliable as the flights in and out of YYZ when it came to sending out my newsletter or posting on IG.
And I found myself having to work on weekends just to keep up.
And then, gradually I started making changes.
I took slow, small steps to get control of my life (and my Google Cal) in such a way that I no longer felt like I was falling behind each and every day.
What did I do? Well, that’s what we’re going to dive into today.
Over the years, I’ve had the privilege to work v. close with a number of 7- and 8-figure entrepreneurs.
I’ve worked so closely with these business owners that I’ve legit seen their personal and work calendars and have a prettttty good understanding of the activities they do on a daily basis (and the stuff they NEVER do).
And you know what? THERE ARE COMMONALITIES BETWEEN ALL OF THESE BIZ OWNERS' CALENDARS.
That’s right - the calendars/time allocation practices of entrepreneurs making 7 or 8-figures a year are strikingly similar.
Why should you care, friend?
I mean, if I haven’t convinced you of the importance of managing your time just yet, that’s okay.
I know it feels comforting to check your email every 45 seconds.
I know it feels safe to prep your invoices every few days and send them out willy-nilly throughout the month.
And I also know that you think it’s okay to work the occasional 60hr week.
It is. There’s literally nothing wrong with any of these behaviours IF you want to stay at your current revenue level.
But if you desire growth, if you desire change, and if you truly want to get closer to multiple 6- or 7-figures in your business, I need you to be open to adopting some new behaviours.
So let’s dive in and talk about two commonalities of the calendars of 7 and 8-figure entrepreneurs:
They let their team execute their big ideas.
The biz owners are the visionaries behind the idea but they do not actually take the steps to ensure the big idea is executed.
One executive I worked with started to see that many of his clients enjoyed listening to a local radio station while they were working in their farmyard or on the combine.
Now, “not taking the execution-related steps" in the situation meant he did not call the radio station to inquire about various ad packages, he did not have direct discussions around appearing on a live segment on said station, and he certainly didn’t help the station draft wording for an upcoming ad blitz.
What did he do instead? He used his trusted team to accomplish all of these things and he provided oversight and direction when it was needed.
His team’s time commitment to go from ideation to implementation? I’d guess close to 35 hours. His time? Probably less than 8-10hrs.
They devote significant time to relationships (aka maintaining relationships with their team and also with current/prospective clients). But paradoxically, their default is “no” and they will occasionally say “yes” to event invites.
Newsflash - for yourself can be challenging (haha). It can be really hard to figure out how to spend your time, but the most successful entrepreneurs I’ve worked with who have hit big growth goals understand that investing time and resources in marketing and reaching prospective clients is crucial - especially in the early years.
For people running professional services firms (businesses where you provided services to your customers aka everyone currently in my Rich B$tch Club), your team is crucial.
You should care about how much time you are devoting to mentoring, to managing, and to helping your team members up-skill. This is important.
But - and here’s a really big caveat - you can’t spend time building/maintaining relationships as well as managing your team if you are doing the stupid stuff in your biz like trying to figure out how to file your GST return. It just doesn’t work.
You can’t be in more than one place at a time. In order for you to spend time on X, by definition you can’t spend time on Y. That’s just how it works.
And you know what’s next for my RBC members??
✅ Days where they feel “less frazzled” at 5pm.
✅ More freedom because they know that - while they haven’t done everything - they’ve done the most important things and that’s the *best kind* of tired.
✅ Certainty around the tasks that really improve profitability and clarity around which tasks they should def not be doing - not now, not ever - if they want to hit their growth goals.
Gentle reminder to my Waitlisters - you can use your discount code until Fri, Aug 25 to get $100 off per month.
Take care and talk soon,
Tanya