The Value of Time to YOU
Are you self-employed or on contract? This makes it more imperative that you spend your time wisely in that it can have an immediate impact on your income.
How much is your time worth (billing hour)? Now create a list of activities that are not directly related to creating income such as bookkeeping, website maintenance, cleaning etc. Based on the previous month, how many hours were spent doing each task?
If you bill $30/hour for your service and you spend 15 hours per month maintaining your website it has cost you $450 that month. It may also have cost you 15 more hours away from your family and friends or impeded on actual production time. If having an up-to-date website is crucial to your business (but is not the actual business) then perhaps you would do better to pay someone to maintain it for you. It will give you more time for important tasks and may be accomplished in less time if the person is more skilled than yourself.
Learn about...
Family Lists… so you don’t forget!
If enough space is available, make a note on the calendar of the items needed for each activity o. . .
|