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The $ 10 Task Trap
DM: "If your time is worth $ 1,000/hour—why do $ 10 tasks?"
👋 "The fastest way to scale isn't working harder—it's buying back time." When Dan Martell shared this principle, he wasn't promoting delegation — he was revealing the mathematics of entrepreneurial leverage.
Read time: 3 minutes | 594 words
STORY
💵 Dan Martell: Stop Being Productive, Start Buying Back Time
Dan Martell's entrepreneurial journey started in a place most business gurus won't admit: juvenile detention. After battling drug addiction as a teenager, he channeled his obsessive personality into code.
He taught himself programming and built his first tech company at 17.
That scrappy beginning led to building and selling five SaaS companies, including Spheric Technologies, Flowtown, and Clarity—transactions that made him wealthy but almost killed him.
Working 16-hour days. Sleeping in his office. Wearing exhaustion like a badge of honor. Martell achieved the success everyone dreams about while destroying his health, relationships, and sanity.
The breaking point came when he realized he was trapped in a prison of his own productivity. He had money but no time. Success but no life.
That's when he developed what he calls the "Buyback Principle"—a framework that flips traditional time management on its head.
Instead of asking "How can I do more?" Martell started asking "What should I stop doing?"
He calculated his target hourly rate:
Take your annual income goal
Divide by 2,000 hours
That's your minimum hourly value
Then systematically eliminate or delegate any task worth less than that number.
👉 His audit revealed he was doing $10/hour work when his time was worth $1,000/hour.
Now as founder of SaaS Academy, Martell teaches thousands of software entrepreneurs the counterintuitive truth: the fastest way to scale isn't working harder—it's buying back your time.
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INSIGHT + ACTION
🧠 Lessons from the Buyback Principle
A serial SaaS founder who worked himself to burnout claims calculating your hourly rate and ruthlessly eliminating low-value tasks can 10x your output, revealing how the most successful entrepreneurs buy back time instead of managing it.
Calculate your minimum viable hourly rate - Martell uses annual income goal divided by 2,000 hours. Most entrepreneurs never quantify their time value, so they can't make rational decisions about what to delegate.
Example: If you want to make $200K annually, your time is worth $100/hour minimum. Don't spend 3 hours fixing your website (worth $25/hour on Upwork) when you could spend that time closing one client worth $10K.
Audit before you optimize - Track every task for one week with its time cost and dollar value. You can't buy back time you haven't measured. Most business owners operate on feeling rather than data.
Example: Log each activity in 30-minute blocks. Calculate actual hourly value of each task. Highlight everything below your target rate. That's your delegation list, not your to-do list.
The Meta-Strategy: Most entrepreneurs glorify hustle and confuse activity with progress. The smartest ones treat time as their scarcest asset—they systematically eliminate low-value work and invest saved hours into revenue-generating activities only they can do.
Your homework: Calculate your target hourly rate, audit one full week of work, and identify the three lowest-value tasks consuming the most time to delegate immediately.
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