In another lifetime long long ago, I sold word-processing systems.
The crux of our sales pitch was how much time our system would save all of the secretaries and others who were constantly typing documents.
To drive this point home, I created a spreadsheet to show how much time was worth.
For example, if you are earning $35,000 a year…
each month is worth $2917
each week is worth $673
each day is worth $143
each hour is worth $17.93
each minute is worth $.30
So, if I can show you that you would save an hour a day with our system, you can imagine what the return on investment would be.
For example…
15 Minutes utilized each day for 1 Year is Worth: $1,094
1 Hour utilized each day for 1 Month is Worth: $365
1 Hour utilized each day for 1 Year is Worth: $4,375
Therefore if you were to save yourself an hour a day or work harder/smarter and added an hour of productivity to your day, what would that be worth to you?
(Or what if you were to hire others at a lesser rate than yours, how does that add up?)
The above example is for a person earning $35k.
My model takes it to $100,000,000!
You may get there if you start thinking like this.
If you would like to download this handy Excel-based chart, How Much is Your Time Worth?.
Use it to determine the value of your own time, then consider what are the best uses of your time.
Cheers,
Author: Burke Franklin
https://www.burkefranklin.com "It’s crucial that your innovations succeed in our world.
This means that your business must be profitable and sustainable
without you losing control, your mind, or your shirt!" says Burke Franklin the entrepreneur, author, and speaker best known for creating BizPlanBuilder® business plan software, and founding Business Power Tools®, the company behind a massive collection of management tools for entrepreneurs, business owners and their advisors. He has over 40 years of experience in business and has helped thousands of entrepreneurs to start and grow their businesses.
Long hours and diligent work got you this far, scaling to the next level requires an edge.
We developed these tools to accelerate your business while staying true to your vision.
Our real-world systems streamline operations and drive profitability so you can focus on strategic growth.
Please, leverage our tools and expertise to stay ahead of the imitators and become an industry icon.
Burke is also the author of several books, including "Business Black Belt" which provides practical advice for entrepreneurs and small business owners on how to build successful businesses. He is also a popular speaker and has given talks on entrepreneurship, mindset, business planning, and marketing at conferences and events around the world.
Burke Franklin is a strong advocate for entrepreneurship and believes that anyone can start and grow a successful business with the right tools and mindset. He is committed to helping entrepreneurs achieve their goals and has dedicated his career to providing the resources and support they need to succeed.
