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Give me 20 Minutes and I'll Give You Back 20 Years of Your Life

Give me 20 Minutes and I'll Give You Back 20 Years of Your Life

Alex Hormozi

61,115 views 30 days ago

Video Summary

This video proposes a strategy to reclaim an entire week each month by outsourcing time-consuming tasks, effectively fast-forwarding your life. The speaker, who runs a portfolio of companies with over $250 million in aggregate revenue, argues that anyone earning over $15 an hour can benefit. The seven recommended investments, in order, focus on reclaiming time spent on meals, laundry, house cleaning, sleep optimization, landscaping, transportation, and flying.

The core idea is to trade money for time, allowing you to focus on higher-value activities or simply enjoy more freedom. The speaker emphasizes that while the costs might seem significant, the return on investment in terms of saved hours and increased productivity is substantial, far exceeding traditional investments. The presented order of outsourcing is designed for maximum initial impact and ease of implementation.

By strategically outsourcing mundane tasks, individuals can effectively double their productive hours, leading to significant advancements in their personal and professional lives. This approach allows for greater focus, better decision-making, and ultimately, a more accelerated path to achieving goals.

Short Highlights

  • The strategy involves outsourcing seven specific tasks to save an entire week per month.
  • The speaker's company achieved over $250 million in aggregate revenue last year.
  • Anyone earning over $15 per hour can benefit from this strategy.
  • The investments are presented in a specific order for maximum impact.
  • The overall cost for these services is approximately $3,100 per month, with savings of up to 45 hours per week.

Key Details

Outsourcing Meal Prep [00:30]

  • The average American spends 13.5 hours per week on meal preparation, including grocery shopping, meal planning, cooking, cleaning, and portioning.
  • Outsourcing meal prep, by using services like Uber Eats or pre-made meals, costs approximately $16 per hour.
  • This outsourcing can save up to 13.5 hours per week, or 54 hours per month, with a monthly cost of about $750.
  • This can also contribute to health goals by simplifying eating habits.
  • An alternative is eating out frequently, as exemplified by the speaker's own experience eating Chipotle twice a day for years to save time.

"The average American spends 13.5 hours per week... that's two full work days."

Outsourcing Laundry Services [03:04]

  • The average American spends 4 hours per week on laundry-related activities, including sorting, folding, washing, and drying.
  • A drop-off laundry service typically costs $1.50 to $2 per pound, with an estimated monthly cost of $60 to $80 for most people.
  • This service can save 4 hours per week, or 16 hours per month, effectively reclaiming two work days.
  • The speaker suggests wearing the same outfit daily as a minor tip to simplify laundry.

"Guess what? The average American spends... four hours per week doing clothes cleaning related activities."

Outsourcing House Cleaning [05:35]

  • On average, people spend 3 to 4 hours per week on deep cleaning and an additional 3 hours per week tidying up, totaling 6 to 7 hours per week.
  • Outsourcing house cleaning services can cost between $200 to $300 per month.
  • This saves 6 to 7 hours per week, or 26 hours per month, adding three more work days back into your life.
  • This outsourcing is recommended for anyone earning over $20 per hour.

"So, we're looking at another six to seven hours per week, which gives us 26 hours per month."

Optimizing Sleep with Blackout Curtains and Earplugs [07:34]

  • Optimizing sleep is crucial as we spend a third of our lives sleeping.
  • Simple investments like blackout curtains and earplugs can dramatically improve sleep quality for a low one-time cost.
  • Using earplugs may cause initial discomfort but users typically adjust within a week.
  • Electrical tape can be used to block small light sources in the room.
  • More expensive options include cooling mattresses, which can also reduce heating and cooling bills.
  • Avoiding screens before bed and using sleep-tracking mattresses can help improve REM sleep, which is essential for brain function and waste clearance.

"Like, you live longer. You're in a better mood. You make higher quality decisions. You have more energy."

Outsourcing Landscaping and Lawn Care [10:27]

  • This category includes tasks like mowing, weeding, trimming, and gutter cleaning.
  • These tasks can save 1 to 2 hours per week for mowing, and an additional 2 hours per month for weeds and trimming. Gutter cleaning adds about 4 hours twice a year.
  • The average time saved is about 8 hours per month.
  • The monthly cost for outsourcing these services is approximately $300.
  • As the cost increases with each outsourcing category, the time saved per hour also decreases, but it's a necessary trade-off for success.

"As we're moving through this, we're going up in how much it costs, right?"

Outsourcing Transportation and Commuting [11:53]

  • For individuals earning over $50 an hour, using a driver or services like Uber is recommended.
  • The average commute time is 1 to 2 hours per day, totaling about 30 hours per month when accounting for parking and walking.
  • Outsourcing transportation can cost between $600 to $1,000 per month, depending on usage.
  • This time can be made productive by working or responding to messages while being driven.
  • The future of transportation with driverless fleets is expected to further reduce costs.

"This is about 30 hours per month conservatively that people spend up to 50 depending on where you live."

Outsourcing Flying with Semi-Private Jets [14:53]

  • Semi-private flying options, like JSX, offer a significantly faster and more convenient travel experience compared to commercial flights.
  • These services allow passengers to bypass TSA security and board directly, similar to private jet travel but at a fraction of the cost.
  • While triple the cost of commercial airlines, it saves significant time, potentially turning a travel day into a work day.
  • For those who fly 50 to 100 hours per year, this can translate to saving about 1 hour per week.
  • The cost is variable but can average around $1,000 per month on top of normal travel expenses.

"And as somebody who flies a lot of private, I'm telling you, it's so close to what you get in private for such a fraction of the of the price."

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