Momentum for the Entrepreneurial Personality Type (EPT)

861 - Where Are You Spending Your Time? - Live Q&A with Alex Charfen

·37 min·3 clips

Alex Charfen reveals why a paper-based two-week time study is crucial for identifying what to delegate to a virtual assistant.

The episode is a live Q&A session where Alex Charfen, host of the Momentum Podcast, answers questions from the entrepreneurial community. He starts by addressing a question about training virtual assistants, introducing a two-week time study conducted on paper to inventory time usage. Charfen advises prioritizing delegation based on tasks that take the most time and drain the most energy. He details a process of permanent delegation, including documenting workflows as-is before making changes. Another question concerns hiring a general manager or CEO; Charfen explains that most entrepreneurial businesses are run by personality, leading to exhaustion, and advocates for installing an operating system with clear planning, execution, and analysis. He mentions the 40-hour year concept as an ideal for minimal involvement. The discussion shifts to profit-sharing, where Charfen critiques departmental bonus structures for creating competition and suggests profit-sharing plans tied to company profitability and leadership team cooperation. He links compensation issues to a lack of operating systems, emphasizing that clarity and accountability are more critical than pay. Charfen promotes his company's services for businesses with at least $300,000 in revenue, offering strategy sessions to diagnose business challenges. The episode concludes with an invitation for listeners to submit questions for future sessions.

As heard by us

A clear live Q&A on shifting entrepreneurial overload into structure, measurement, and delegated leadership.

Where Are You Spending Your Time? frames an entrepreneur's time crunch as a sharper operating question: what is the business asking for, and what structure makes that visible?

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Why you'd press play

Want your business to stop depending on everything you can remember in a week?

Read the full recommendation in PlayNext →

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