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Introduction
Assessing how you spend
your time now
How much is your time worth?
The first part of our focus on results is to work out how much your time costs.If you work for an organisation, work out how much you cost it each year. Include your salary, payroll taxes, the cost of office space you occupy, equipment and facilities you use, expenses, administrative support, etc. If you are self employed, work out how much your time costs each hour.
To this figure add a guesstimate of the amount of profit you should generate by your activity.
From these figures, calculate an hourly rate. This should give a reasonable estimate of how much your time is worth - this may be a surprisingly large amount!
Highly Recommended Books
For an excellent book on time management, try Beyond Time Management: Business With Purpose by Robert J Wright.
Introduction
Assessing how you spend
your time now
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