Imagine a world where your business thrives without your constant input, where you overcome the hero syndrome and find true freedom through the power of delegation and mindset.

With the same 168 hours a week that legends like Branson, Jobs, and Musk had, Jason Duncan unveils the roadmap to an 'Exit Without Exiting' lifestyle. Jason is a bestselling author, TEDx speaker, and business coach who wants to help entrepreneurs take their businesses to the next level. Jason explains how to create sustainable passive income through your business and move past the hero syndrome to ensure that your business continues to create value and generate passive income. He also talks about open cycles and how understanding them can help reduce stress and write standard operating procedures for specific tasks.

Tune in to learn more about Jason's strategies for creating an 'exit without exiting' business lifestyle!

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[00:00 - 06:44] Exit Without Exiting

• Introducing Jason to the show

• Jason's story of going from an unemployed school teacher to a successful entrepreneur

• The importance of paying attention to your business, or it will start going backwards

• Jason's concept of "Exit without Exiting" - how to get out of daily operations without selling the business

[06:45 - 14:03] Overcoming the Hero Syndrome

• Passive income can be achieved through business ownership

• Real estate is an obvious choice for passive income, but there are other ways too

• Everything experienced in reality can be traced back to the way one thinks

• Entrepreneurs with hero syndrome will never have successful businesses

• Steve Jobs and Elon Musk overcame hero syndrome early on and are now multi-billion/trillion dollar companies.

[14:04 - 20:43] Master the Art of Delegation

• We all have 168 hours in a week, yet some people like Richard Branson, Steve Jobs and Elon Musk run multiple companies

• The first step to freedom is embracing delegation

• The second step is eliminating stress through the law of open cycles

• Thirdly, establish systems and processes

• Lastly, invest in people, as they are the most critical asset

• Delegation requires assigning, entrusting, and empowering people to do tasks

[20:44 - 35:30] Eliminate Stress and Streamline Your Business with Systems and Processes

• Stress is caused by too many things, not the things

• Open cycles inventory is a way to manage stress

• Processes are tasks that can be completed in the same way with a predictable outcome

• SOPs (Standard Operating Procedures) should be written out for specific processes

• When something goes wrong, the SOP helps identify the broken link in the process

• Embrace delegation by investing in people both financially and with power, authority, and rank

• Investing in people can help reduce stress and create better systems and processes

• Give team members ownership of their process and encourage them to make it better

[35:31 - 39:58] Quattro Questions

• Jason's superpower

• Jason's biggest failure to date

Quotes:

"Everything you experienced in your reality can be traced back to the way you think." - Jason Duncan

"Stress is caused by too many things, not the things. So, whatever the things are individually, I got those. But you put all those together, that's when I feel stressed." - Jason Duncan

Connect with Jason!

Website: Therootofallsuccess.com

Book: Therealjasonduncan.com/book

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Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton.

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