The True Value of Your Time as a Business Owner – How Much Is It Worth? | Small business news; tips; networking

Posted by lousimek under Strategy
From http://www.accountify.co 3678 days ago

Small business owners are often surprised to learn the true value of their time. Here you'll find answers for: "How much is my time really worth?"

Who Voted for this Story

Top BizSugar Users

This week's most active BizSugar users. Join Them!

Comments

Written by lousimek
3676 days ago

Lyceum: Thank you for the link to your post -- Yes, I have noted the significantly skewed status of that ratio. That, as one of numerous other curious anomalies in current global money and economic conditions, should cause entrepreneurs big and small to be wary of the potential for cascading macroeconomic adversities impacting their businesses. Small business owners in particular would be well advised to remain vigilant, cautious and nimble in the financial management and planning for their companies.

- 0 +

Written by lyceum
3676 days ago

Lou: Maybe my post, Silver Price Analysis by a Citizen Journalist, could be of interest: http://objectiveargentum.com/post/53561269967/silver-price-analysis-by-citizen-journalist

- 0 +

Written by lyceum
3676 days ago

Lou Simek: You could find my take on real money on my WorkShop page, with a link to my post from 2009.

http://www.egosoletrader.com/workshop/

I agree with you that my services will be more valued in the future, when silver is allowed to find its true price equilibrium. Have you followed the discussion about the price ratio difference between silver and gold?

- 0 +

Written by lyceum
3678 days ago

Lou Simek: Thanks for showing how to calculate the true value of your time as a business owner. I have written a post, declaring that I want to get paid in fine silver (1000 grams for a half-day / 4 hours of effective working time). So, today's price would be $554 for a half-day / 138.50 per hour.

- 0 +

Written by lousimek
3678 days ago

Lyceum: Thank you for a most interesting take on valuing an hour of your time. Once silver is allowed to find its true price equilibrium, I think you will be happily adjusting your hourly rate much higher! Please direct me to your post on the subject as I would enjoy reading it.

- 0 +