From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL’s in these archive episodes are still relevant.
Matt Knee is the founder of MyCompanyWorks and author of Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. He’s passionate about helping founders find their freedom.
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3 Value Bombs
1) Systemization is taking what is routine and ensuring that anyone can do it.
2) A business without systems will drain your life-force.
3) Life is short. Stop doing the things that you dislike. Start today with systemizing your biggest time or energy drain!
Sponsors
Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: How systemization can save your business and life with Matt Knee.
[1:11]- Matt shares something interesting about himself that most people do not know.
- He is a “dot com” veteran; he worked with the original Pay Per Click company. His grandfather was the personal photographer of Howard Hughes.
[3:13] – What is systemization and why is it important for business owners to understand and implement?
- Systemization is taking what is routine and ensuring that anyone can do it.
- It is simple and so important, because if you do not systemize, then you will have less freedom and less money.
- Matt’s entire company has a system dashboard called Activated Checklist. He has a personal system wherein all his bills are on auto-pay.
[5:55] – In what ways does systemizing your business actually save your life?
- A business without systems will drain your life-force.
- It took him nearly 17 years to get his company on the Inc. 5000 list.
- Having systems saved his life. Working in a normal routine without systems is like a living death for Matt.
[9:45] – Matt gives his recommendation for how to avoid being in the middle of chaos in terms of business handling.
- Take the biggest time or energy suck in your business – that needs attention and resolution – what is that thing?
[11:28] – A timeout to thank our sponsors!
- Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
- HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
[11:32] – How can you develop a systems mindset in your business?
- Commit to the mindset of systems and set yourself free.
- 80/20 rule.
- Assign your time a value.
- Organize, Centralize, and Systemize.
[15:10] – Do you still have to work once you’re systemized?
- At first it can be challenging, but once you’ve got it down, it gets better week by week.
- You will still have to work, but systemization will give you more freedom.
[18:43] – What can one do if they’re just starting out?
- Start immediately.
- Create a list of what needs to be accomplished.
- Get the big bullet points.
- Hire people with the skills you need for your business.
[20:57]– Matt’s parting piece of guidance
- Life is short. Stop doing the things that you dislike. Start today with systemizing your biggest time or energy drain.
[21:55] – Matt gives his final call to action.
- Exclusive Entrepreneur on Fire Bonuses!
- Startups Made Simple: How to Start, Grow and Systemize Your Dream Business – Grab a copy of his book on Amazon!
[26:28] – Thank you to our Sponsors!
- Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
- HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
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!
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