How Much Are You Worth? At Work? At Leisure?

"We judge ourselves by what we feel capable of doing, while others judge us by what we have already done." - Henry Wadsworth Longfellow.

A wealthy businessman who has known me for years -- has been trying to persuade me to help him grow his business. Wanting to avoid the appearance of being unhelpful, I've been putting him off. Recently, he offered to pay me ,000 to spend a few days with him -- plus "plenty more" if I agreed to contribute ongoing support.

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It didn't take me long to graciously turn down his offer.

How Much Are You Worth? At Work? At Leisure?

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Customer Reviews

*** Product Information and Prices Stored: Sep 25, 2012 01:00:07

He had a hard time comprehension my rejection. "I'm gift to pay you ,000 an hour," he said.

That was true. For 16 hours (two days' work), ,000 amounts to just a bit more than ,000 an hour. But I didn't want to do it. And after I view about it for a while, I realized why.

My personal time -- the time I block for me -- is worth more, not less, than my working time.

If my working time is worth ,000 an hour, why shouldn't I value my leisure time at twice that rate - or more?

How Much Are You Worth? At Work? At Leisure?

How to frame It Out and Make Your Life Much, Much Richer.

A French woman, upon looking Picasso in a Parisian restaurant, approached the great specialist and insisted that he put down his coffee and make a quick sketch of her. Graciously, Picasso obliged. When he was done, she took the drawing, put it in her handbag, and then pulled out her billfold.

"How much do I owe you?" she asked.

"5,000" was Picasso's reply.

",000? But it took you only three minutes!" she exclaimed.

"No," Picasso answered. "It took me all my life."

That's how I feel about the work I do. My skills -- as a marketer and business maker -- are very valuable. If you want me to help you grow your business, you can expect to pay me at least ,000 an hour. That's what I got when I was focused on working with Fortune 500 clients.

And that's only if I have the time -- the work time -- left in my schedule. If you want me to work evenings or weekends-- or while my vacation -- how much would it cost you to take up my personal time? You don't want to ask.

Now, let's talk about you.

First, let's talk about how to frame out what you are worth: Take your yearly earnings and divide it by 50 weeks and then by 40 hours.

Now you know your dollar value per hour -- today. If that whole is less than 0 or less than you want it to be, you are not the Ceo of your business...yet.

The next thing you have to do -- and you need to start this now -- is make yourself as essential as you can as the Leader, the Ceo of your business. By delegating tasks that person who is paid less than you are can do, you give yourself free time to focus on the literally important, wealth-creating activities of building a business that will weighty your business send and put you at the town of the action.

Today, I think we should apply this same formula -- with a twist -- to your non-working life.

In a nutshell: frame your hourly value and then double it. From then on, make sure that every personal task you engage in is "worth" that whole of money to you.

Let's say, for example, that you are currently worth 0 per hour. Your personal time would then be valued at 0 per hour. Let's also say that you spend eight hours every weekend watching football on television. Ask yourself if you think the delight you get from watching football is worth 00 (0 times eight hours) of your working time. If you feel it is, enjoy it. If it's not, consider cutting down on the time you spend watching the boob tube.

And when it comes to sitting down and spending time with the kids, do it as if you were a pro getting paid 0 an hour to do so.

We all have the same whole of hours in the day. How much you get paid for your hours of work and how much delight you get from the hours you don't are both up to you.

How Much Are You Worth? At Work? At Leisure?

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