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Find Out What Your Time Is Worth

Find Out What Your Time Is Worth By: Brian Tracy

October 26, 20231 min read
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Have you ever thought about how valuable your time is? It's like figuring out how much your time is worth in money. Let's do it the easy way, like Brian Tracy says.

First, did you know that people in the UK, Germany, and France work about 6000 hours a year, while bosses and business owners work around 2,000 hours? Now, let's find out how much one hour of your time is worth.

Hourly Value Calculation

Gather the money you earn in a year and divide it by 2,000. For example, if you make $100,000 a year, divide that by 2,000. You'll see that one hour of your time is worth $50. That's your special hourly rate. According to Ricardo's Law, you should avoid doing things that pay less than $50 per hour. Instead, think about finding someone else to help with those tasks.

Smartfollowups: How valuable your time is with our guide

The Law of Three

And here's a cool idea from Brian Tracy, the "Law of Three." Out of all the things you do every week or month, only three of them are super important and make up 90 percent of your value. Make a list of the things you do every day, and then pick the top three tasks that make the biggest difference in your work. Put a circle around them. Everything else can wait.

By knowing how much your time is worth and following the "Law of Three," you can make smart choices about what to focus on. This means you'll get more done and have a big impact, whether you're at work or having fun.

You can now easily find out your hourly value and help you make the most of your time by focusing on the important stuff.

Are you ready to #automate?

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