Daily Task: 15 minutes
Write one blog post or record one QuickCast and post to your website.
Project Focus: EHR
This week, we’re going to improve the return you get on the time you invest in your business.
First: let’s measure your Effective Hourly Rate.
Start by totaling the hours you worked last week. Include all your “work” time: cleaning at 4 a.m., opening at 5 a.m., closing at 9 p.m., scrolling Facebook groups about entrepreneurship or listening to podcasts on the weekend—even include the parts you enjoy. If you’re at work, it counts. If you’re on a laptop, it counts.
Now, look at your paycheck for last week.
Divide your total take-home pay by the number of hours you worked.
For example: you made $700 last week, net. And you worked 54 hours.
$700 / 54 hours = $12.96 per hour
It doesn’t matter if your starting EHR is good or bad – the challenge now is to focus only on the work that pulls you forward instead of sticking your hands in the machinery.
Tomorrow, we’ll prioritize your work according to whether you LOVE a task or LOATHE it.
Read more about improving your Return on Time here: