Million-Dollar Hour Framework
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Rob Dyrdek's framework for maximizing time value and ROI through careful tracking and analysis of activities.
Core Philosophy
- Goal is to generate $1M per hour of work
- Focus on passive income and high-leverage activities
- Strict time tracking and ROI analysis for all activities
- Emphasis on efficiency and optimization
Time Management Strategy
- Works approximately 40 hour weeks total
- Allocates only 4% of time to TV production (4 days/month, 5 hours/day)
- Uses detailed time tracking system
- Evaluates all activities through post-tax dollars per hour lens
Investment Framework
- Focuses on two main categories:
- Real estate investments
- Self-created businesses
- Prioritizes passive income streams
- Real estate generating 5-6% tax-free cash flow
- 7-10% equity growth long term
- Aims for 15-16% IRR minimum
- Cash management
- Keeps significant liquid assets in high-yield funds
- Targets blended 10% return on cash positions
- Uses money markets yielding ~5%
Business Creation Strategy
- Looks for opportunities with:
- Recurring revenue potential
- High margins
- Scalability
- Focuses on businesses that can be sold for significant multiples
- Evaluates deals through multiple angles to maximize value
- Emphasizes understanding unit economics and probability of success
Wealth Building Results
- Started nearly from zero in 2016 (~$15-20M net worth)
- Built to ~$350M net worth by 2023
- Majority of wealth created between 2018-2022
- Targets becoming a billionaire through compound growth
- Has detailed financial modeling through 2050
Key Success Metrics
- Measures everything through post-tax per hour value
- Targets activities that generate $1M+ per hour
- Focuses on tax efficiency and long-term capital gains
- Prioritizes deals with multiple revenue streams or exit opportunities
45:24 - 47:12
Full video: 01:30:44RD
Rob Dyrdek
Professional skateboarder turned entrepreneur and TV personality. Starred in "Rob Dyrdek's Fantasy Factory" from 2009 to 2014. Launched various business ventures, including a line of burritos with his cousin Drama Beats.