“Time is the most valuable thing a man can spend.”

~ Theophrastus (372 BC - 287 BC) Greek philosopher

Another great newsletter update from the folks over at JustSell.com. This is the second time today I’ve been reminded of how I need to do a better job planning and managing my schedule.

With only 14 sales days left this month and 56 left this quarter I need to make sure I’m allocating the proper amount of “revenue generating activity” hours per day to hit my goals. The last couple years I fell short of my personal revenue goals and I have no problems admitting it was because I did a horrible job of managing my time.

JustSell poses the question, “How much is your time worth?”

  • $50,000 = $25 every money hour
  • $75,000 = $37 every money hour
  • $100,000 = $50 every money hour (almost $1 a minute)
  • $120,000 = $60 every money hour ($1 a minute)
  • $150,000 = $75 every money hour
  • $200,000 = $100 every money hour
  • $250,000 = $125 every money hour (more than $2 a minute)

and “Are you working like someone who makes $X thousand a year… someone who makes roughly $Y every money hour* of the day?”

*money hours: hours during the salesday where you can talk with prospects and customers

You don’t have to be a “sales guy” to recognize and appreciate the moral of this information. And you don’t have to be solely focused on money to reap the benefits of respecting your time by putting a value next to it. What if you managed your time effectively enough to get 2-5 hours of your day back from your job or your business?  To spend more time with your family or to start playing pick up basketball again…

All I know is that by end of day Sunday I’ll have my new daily schedule in place and MOST IMPORTANTLY I’ll be treating my *money hours as if I was in surgery with a patient. No interruptions or cancellations.

                                 “Beware of The Infamous Time Vampires