Every Hour is Worth $250 – As we all know, attorneys sell their time by the tenth of an hour times their hourly rate. Lawyers have to be sensitive to the level of work they do to charge their client $250 – $500 per hour. If an associate can do the work, they delegate the task and bill the client a lower hourly rate.
Business owners that I coach, I ask them to review their daily tasks. I want them to decide if the work they are doing is worth $250 per hour.
Every Hour is Worth $250 – If, as the business owner, you are doing stuff that you could pay someone $15 or $20 per hour to do, you are wasting $230 per hour for your time.
It requires discipline to do this because some of us enjoy doing tasks that are “brainless” which gives our mind a chance to relax during the day. But, if you start being sensitive about how you spend your time by doing “Business Owner’s” functions rather than administrative functions, you will find that you will have much better-managed business in the future.
Every Hour is Worth $250
My name is Robert Curry, and I am an Author, CEO Coach, Keynote Speaker, and Turnaround Specialist. Over the past 20 years, I have worked with more than 70 companies taking their businesses from Loses to Profits.
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Recently, I recently published two books about turnarounds: “From Red to Black – A Business Turnaround” and “The Turnaround.” Both books are true stories about turnarounds of real companies that I have turned around during my career. In both books, I have shared all my Profit Improvement Recommendations (“PIR’s”). PIR’s helped to grow sales, reduce expenses, improve cash flow, and most importantly, strengthen the management teams.
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