40 Hour Work Year - from Entrepreneur to Passive Investor
4.4 (5 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
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40 Hour Work Year - from Entrepreneur to Passive Investor

Learn how to go from an 80 hour work week to a passive investor in a business dependent upon systems instead of you!
4.4 (5 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
29 students enrolled
Last updated 5/2015
English
Learn Fest Sale
Current price: $10 Original price: $50 Discount: 80% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 13 Articles
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Learn to implement business systems
  • Position your company for sale
  • Improve your productivity
  • Hire the right people
View Curriculum
Requirements
  • You should be a business owner
  • You should have a basic understanding of business systems
  • You should have a desire to escape the busyness of entrepreneurship
Description

Through video training and hands-on exercises, sSerial entrepreneur Scott Fritz will teach you how to move from 80 hour a week business manager to a passive investor in your business. You'll learn more than 8 systems to help you develop the right mindset philosophy to finally achieve every entrepreneur's dream.

You will learn about:

  • the ownership paradox
  • tracking metrics
  • decision filter
  • weedeating
  • decision matrix
  • ownership and company value
  • standard operating procedures
  • and so much more!

Enroll in this course if you are ready to experience a better way to run your business.

This is a one day bootcamp to shift your business from relying on you, to relying on systems.

Take this course to change the way you manage your business.

Who is the target audience?
  • This course is for entrepreneurs who are ready to transition from 80 hour work weeks to passive investors in their company.
  • This course is NOT for people who want to continue running the day to day operations of their company
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Curriculum For This Course
Expand All 28 Lectures Collapse All 28 Lectures 01:04:23
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Introductory Questions and the Ownership Paradox
8 Lectures 11:21
Introductory Video - Welcome to the Course!
00:41

In this introductory text, you'll discover the three key attributes of every successful entrepreneur.

Introduction
01:43

As this course begins, take a few minutes to answer these questions to see where you are in your business philosophy.

Introductory Questions to Consider
00:31

These questions will help "take the pulse" of your business as you start this course.

Introductory Questions to Consider - text
00:13

This exercise will help you discover the key moment you need to experience to begin the hard work of pursuing the 40 Hour Work YEAR.

My Mirror Moment- Exercise
00:53

After watching this video, you'll understand the Ownership Paradox, a foundational concept that prevents entrepreneurs from achieving their dreams.

Preview 03:27

This exercise will help you better understand the Ownership Paradox.

Ownership Paradox - Exercise
01:09

In this video, you'll learn how to hire someone to replace you.

The 80% Solution
02:42
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Weedeating
2 Lectures 04:16

This video will teach you the importance of brining on high-margin, high-quality clients and removing the low–margin clients.

Weedeating
03:06

This exercise will help you bring on high-margin, high-quality clients and remove the low–margin clients.

Weedeating - Exercise
01:10
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The 8 Areas of Transition
1 Lecture 01:08

In this video you will learn which systems you need to adopt to move to a 40 Hour Work YEAR.

The 8 Areas of Transition
01:08
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Standard Operating Procedures
3 Lectures 09:54

In this video, you will learn a process for developing SOPS (standard operating procedures) to help document your processes to move your business forward.

Standard Operating Procedures
07:03

Once you study this nine step process, you will be able to develop your own Standard Operating Procedures.

Standard Operating Procedures - Nine Step Process
02:34

These key points will help you develop your own Standard Operating Procedures.

Standard Operating Procedures - Key Points
00:17
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Decision Matrix
2 Lectures 02:09

Learn to develop a simple accountability system to quickly ensure alignment.

Decision Matrix
02:09

Study this example of our Decision Matrix to help you develop your own.

Decision Matrix - Example
1 page
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Decision Filter
2 Lectures 04:03

Learn to develop and apply your own Decision Filter to empower your employees to make the key decisions necessary to grow the business, while at the same time increasing profits.

Decision Filter
03:23

This exercise will help you develop your own Decision Filter.

Decision Filter - Exercise
00:40
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People Plan
2 Lectures 06:01

These four basic rules will help you develop your own People Plan.

People Plan
05:21

Complete this exercise to develop your own People Plan for your company.

People Plan - Exercise
00:40
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Forecasting
1 Lecture 04:00

In this video you will learn to plug in sale forecasts for the year, plug in the seasonality factors based on historical data and market variables, and then build out our annual budgets by department.

Forecasting
04:00
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Tracking Metrics
2 Lectures 04:32

In this video, you will learn to develop five key metrics for your company to help your business run at 95 percent of its peak performance.

Tracking Metrics
04:16

Tracking Metrics - Exercise
00:16
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Positioning Your Company for Sale
2 Lectures 10:09

Whether or not you plan on selling your company, this video will help you position your company as though it could be sold at any time for the right price.

Preview 08:48

This checklist will help you automatically increase the value of the entire asset (your company) beyond the value of our client list, equipment, building, systems, or people.

Positioning Your Company - 15 Point Checklist
01:21
1 More Section
About the Instructor
Brian J. Dixon
4.4 Average rating
5 Reviews
39 Students
2 Courses
Helping you understand tech to grow your impact and income

Dr. Brian J. Dixon believes you have a message to share and an audience to serve.

He is the founder of the Dixon Agency where he serves some pretty awesome authors, speakers, and content creators.

Born a preacher's kid, Brian still loves Jesus and is actively involved in the men's ministry at his church.

Brian has a doctoral degree in educational technology from San Diego State University where he studied students creating reflective video jounals online- yep students making YouTube videos talking about what they learned in school.

His first book, Social Media for School Leaders was published by Wiley in 2013.

He was the director of online programs for High Tech High, a nationally recognized charter school network with 10 member schools throughout Southern California.

Dr. Dixon founded the Mentorship Academy, a project-based, technology-focused charter school located in downtown Baton Rouge, Louisiana to provide a student-centered learning place to help underserved students prepare for success in college and beyond.

Brian lives in Charlotte, North Carolina with his wife Julie and his young children Ryland and Emmaline.

Scott Fritz
4.4 Average rating
5 Reviews
29 Students
1 Course
helping entrepreneurs become passive investors

In the 40 Hour Work YEAR, Scott chronicles his entrepreneurial journey first hand, as he shares strategic business methods, action focused exercises and the mindset philosophy that allowed him to achieve The 40 Hour Work YEAR. Scott founded Growth Connect in 2008. By leveraging business coaching services, advisory board development and angel investment resources, Growth Connect specializes in transforming businesses into assets. As an active Angel investor since 2001, Mr. Fritz has invested in multiple ventures. His involvement with these companies ranges from passive investor to business coach and advisory board member. Scott's most recent venture, Vision Group Management, is a website transaction company focused on the acquisition and sale of profitable websites around the world. As an early stage investor, he currently oversees funding and strategy for the company. In 2010 Scott acquired Atlantic Insurance Agency and re-branded the company as Century 1. Mr. Fritz sold the agency in December of 2012. Mr. Fritz founded Human Capital in 1997. He grew the company into a nationwide player with 2007 annual revenues of $170 million dollars. This hyper growth landed Human Capital and its affiliate division on the INC. 500 list in 2003 and 2004 with growth rates in excess of 1,000 percent. Human Capital was sold to a nationwide staffing firm in 2007. In addition to his various business endeavors, Mr. Fritz held multiple volunteer positions within the Entrepreneur's Organization (EO) between 2001 and 2011. Scott is an EO Certified Accelerator Facilitator which allows him to pursue his passion of working with leading entrepreneurs in the areas of strategy, sales, leadership, people and finance. Since 2005 Scott has facilitated over 400 individual strategic and educational sessions. Specialties:Business Coaching | Speaker | Angel Investments | Author | Sale of Company | Company Acquisitions & Structure | Facilitation | Negotiation | Building Assets | Hyper Growth Entrepreneurs