Career Money Share Tweet Anthony Khoury is an avid entrepreneur and marketer. Anthony loves startups more than anything, automating the business, then letting them run without him. Only a few years ago, Anthony Khoury slogged it out working 80-hour weeks in his family’s pizza restaurant. Today, he spends his time consulting to other businesses and travelling the world Anyone who wants to go from workaholic desk jockey to millionaire needs to read his new book The Beach Bum Millionaire: How To Build A Million Dollar Business…The Lazy Way! … the lazy way who says people are going about it all wrong when it comes to getting rich. The Beach Bum Millionaire inspires you seek opportunities in online businesses and teaches you how to market your business online with over 30 short chapters of core value. In it, Khoury teaches people that you don’t need to be tied to your business around the clock to be successful. His journey is fascinating. The problem he says for many small businesses is being so overwhelmed, they don’t get around to actually doing anything. Here are his top tips for how to get rich the lazy way. Find a model and emulate it Whatever you want to get good at, find someone who can do it better and model yourself on them “No matter what the task, if someone else can do it faster or better I would go to them to do it. If someone said invest in ten properties, I’m not going to talk to a guy at a barbecue with one property … I’m going to find the guru and do exactly what he’s done,” Mr Khoury said. “Trying to work it out yourself is a complete waste of time. It takes years to work it out which causes slow growth and slow wealth acceleration. Talking to these people can save you years of time and effort.” Don’t be afraid to be stupid Plenty of people miss out on great information because they have too much pride to ask basic questions. Mr Khoury said you need to keep asking until you get the answers you want – after all, it’s usually a great source of free advice. “If you want to start moving to the next level you have to start associating with people who are better off than you. If you are the dumbest person in the room you always get more answers than the person who pretends to know it all.” Delegate everything Most people are extremely good at what they do. The problem is they try to control everything and get bogged down in day-to-day activities which leaves them with no headspace for anything else. “Trying to control every aspect of creating wealth is exhausting. You need to let go. You must find other people to do all the work for you.” Instead, you should act as if you could get hit by a bus and things would continue ticking along without you. “No answering e-mails, no putting out spot fires, not handling the mail, you need to be extra lazy and do nothing. The person who can walk away from day-to-day duties will truly experience financial success and spend their time working on new opportunities and strategies that will take the business to the next level,” he said. Don’t get analysis paralysis Obsessing over business plans and minute details will get you nowhere. You need to take a calculated risk and go for it. “I have never ever had a business plan. I look at the worst case scenario and what sales I need to break even. That is it,” he said. Mr Khoury said social media can be particularly bad for businesses as you can spend hours blogging, tweeting, doing SEO and creating webinars without actually doing anything effective. Network Once a week I will meet someone I know for lunch. Not once have I walked away from that meeting not learning something new. If you stay in your business all day and all you see is those four walls, you will lose sight of what is happening in the marketplace and what new technologies there are out there to make your business more efficient. Value your time Say to yourself that your time is worth $500 an hour. If you do tedious tasks all week, you will never achieve true financial freedom. Be brutal with what you spend time doing and outsource as much as possible to avoid being overwhelmed by minor issues. “You’re not going to get $1 million bucks mucking around on social media. I might spend 10-15 minutes a day but I’m not going to go to every nook and cranny.” “If you can get your business where it can run without you, you will achieve ultimate freedom. If you have to be there seven days a week you will get anxiety and burnout.” Stay tuned for our upcoming interview with Anthony Khoury What do you think of the advice?