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Don't let your bonuses become like a restaurant tip

 

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What is the value of your time?

Calculate Under Different Scenarios    

Cost-plus. What you are actually paying yourself including fringe costs and profit margin.  

Annual                $_________________ 

Divided By         2,000   

Per Hour             $__________________   

Opportunity cost. The value of your time when spent on the most important things  

What is the value per hour when you are working effectively on the following things?  

TACTICAL 

Increasing top line revenues  $
Closing new sales $
Customer retention$
Improving Gross Margins $
Increased Productivity$
Improved Profitability$

STRATEGIC 

Planning – Strategic, Marketing, Exit  $
Acquisitions and Disposals $
Developing New Products and Services$
Identifying New Markets $
Building Equity in the Business$

Now put down a number that you think represents the hourly value of your time  

S________
 
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