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Ep 566: Value Of Time
Manage episode 439029616 series 3413169
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In this episode, Daniel and Anthony explore the concept of time as a valuable and finite resource, drawing inspiration from the movie In Time. They discuss the parallels between time and money in the real estate business, emphasizing how investing time is often more crucial than financial investment, especially for those starting out. As their real estate business has scaled, their focus has shifted from individual deal-making to larger project management and capital raising. They highlight the importance of leveraging time effectively and the need for more people to contribute time to help the business grow. The episode concludes with reflections on how the value of time increases with age, urging listeners to focus on what truly matters.
Introduction and the Concept of Time (0:00 - 0:30): The episode begins with a discussion about the value of time, inspired by the movie In Time with Justin Timberlake, setting the stage for a deeper exploration of how time is used as a currency.
Time vs. Money in Business (0:30 - 2:22): Daniel and Anthony discuss the importance of time and how it can often be more valuable than money, especially in the context of real estate and business development.
Leveraging Time for Real Estate Success (2:22 - 4:11): The hosts delve into how investing time, especially when starting out, is crucial for learning the ropes in real estate, and how time investment shifts as one progresses in their career.
Scaling Up and Managing Resources (4:11 - 5:57): As businesses grow, the focus shifts from spending time on initial tasks to managing larger projects and raising capital, emphasizing the need for more people to contribute time.
Conclusion: The Ever-Increasing Value of Time (5:57 - 7:40): The episode wraps up with reflections on how time becomes increasingly valuable as one grows older, stressing the importance of focusing on what truly matters.
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