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Further
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How to find and realise your life purpose - Dr Ulla Sebastian
Do you have a life purpose? Are you aware of your goals and dreams and do you know how to achieve them? A life purpose is like a light that helps you to focus your energy towards a distant goal and to overcome hindrances and blockages on the way. ...
Small Business Q & A: Turnkey Dropship Websites Save You Time, Trouble and Money - Tim Knox
Q: I would like to start an online dropshipping business, but I have no idea how to get started. I would like to specialize in giftware and accessories. Where do I find products and how do I get set up a website without any technical knowledge? ...
13 Ways To A Build A List Of Readers Of Your Ezine - Joop Liefaard
If you have an ezine or online newsletter you want to send it to potential customers. In order to send it you need a list of people who want to receive it. This article is about how you build a list of subscribers to your ezine. There are many...
Bungy Jump to Internet Success - Ante Miljak
Thin air and the occasional wisp of water vapor from the majestic Victoria Falls fills the 111-meter gap that separates the swirling waters of the Zambezi and the steel-girded bridge spanning the river. A similarly tenuous and invisible medium,...
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How Much Do You Need To Earn Per Hour To Achieve Your Yearly Financial Goals
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Written By:
John Assaraf
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Have you ever asked yourself what your highest income producing activity is?
If you’re like most people you probably go about your day-to-day business never really thinking about the moment to moment activities that consume your day.
I’d like to walk you through an exercise that has helped me and my clients really stay focused on earning their highest possible revenue per hour.
Let’s assume that we each start with 365 days in a year. If we take away the following:
- Weekends- 104 days
- 5 major USA holidays
- 2 weeks of vacation
- Personal religious holidays – (average 3)
That leaves each one of us with approximately 238 days in order to earn the income we desire. Of course we can add or delete days based on our own schedule and desires. If you multiply these 238 days times an average of 10 working hours per day, you are dealing with 2,380 hours of real work time for the year. So let’s do some math. If your yearly income goals are as follows…
- $25k = you must be earning an average of $10.50 every hour of work
- $50K = $21 per hour
- $100k = $42 per hour
- $250k = $105 per hour
- $1 M = $420 per hour
- $5 M = $2100 per hour
- $10 M = $4200 per hour
In order to earn the income per year that you really want, you absolutely must be doing activities every hour that line up with this chart. If you catch yourself doing anything that isn’t your absolute highest producing income activity all the time, you are in effect making it much harder to achieve your desired - continued below ...
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continued ...
financial goals. In other words:
Which activity or activities generate your highest producing income?
Consider these:
1. What are you spending your time doing?
2. Are you focused on the real moneymakers or the real time wasters?
3. Are you making it easy for yourself to be a high-income earner or are you doing the things that can be done by someone whose income goal or ability is less than yours?
When you start to look at each hour this way, you’ll stop doing the small stuff and you’ll start doing the real high producing stuff that yields results. Just look at your most recent 3-5 days and count the number of hours you spent really making the big bucks vs all the stuff that creeps up on all of us.
What you discover will amaze you!
--
You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated - send to: John@TheStreetKid.com
John Assaraf, aka The Street Kid
New York Times & Wall Street Journal Best-Selling Author, Trainer & Entrepreneur
Goto: http://www.TheStreetKid.com
Discover My Secrets To Building A Multi-Million Business – Guaranteed!
Goto: http://www.TheStreetKid.com/seminars
Register For Your Freee eCourse The Science Of Making Tons Of Dough
info@thestreetkid.com
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The Something-For-Nothing Syndrome - Angela Wu
You've had a long day. You're tired from working all day long and tired of having to watch every penny you spend. For the millionth time, you wonder what it would be like to work from home and make good money while you're at it. A lot of people...
How to Enhance Quality in Your Business - Abdallah Khamis Abdallah
Every business must strive to provide quality products and services to customers. To achieve that objective the company must draw well thought out policies and procedures to ensure 100% achievement of the targets. Here are some tips to ensure that...
How to Prepare your Mind/Body to Give Great Speeches - Sandra Schrift
Sure you have catecholamines – all speakers do. (including Sir Winston Churchill and Presidents Kennedy, Carter, and Reagan.) Those are the chemicals that make you sweat, make your heart beat fast and make your hands shake. Get rid of those...
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