How do you earn more money without spending more time?
The goal of entrepreneurship is one thing: to build a lifestyle that doesn’t depend on punching a clock. But achieving that lifestyle doesn’t happen by accident; you need a plan.
This week, I’m going to give you that plan. We’re going to start by measuring your effective hourly rate (EHR).
Divide your total take-home pay by the number of hours you worked last week. Cover one eye and squint if you have to.
For example, if you made $700 last week net and you worked 54 hours:
$700 / 54 hours = $12.96 per hour
That’s your EHR. But don’t worry about where it is now; worry about where it’s going.
Read the full post: “How to Invest Your Time”
Take a moment to calculate your EHR. Do it now.
The answer might be scary—it might even be tempting to go find a minimum-wage job instead of plugging away at your business—but we need to know this number so we can build on it.
Weekly Schedule for Two-Brain Clients
All times Eastern.
Sales Tactics With Jeff Burlingame: 11 a.m. Monday
Online Coaching With Josh Grenell: 11 a.m. Tuesday
Digital Marketing With Colm O’Reilly: 11 a.m. Wednesday
Personal Training and Online Coaching With Rob Connors: 11 a.m. Thursday
Nutrition Business with Lindsey VanSchoyck: 11 a.m. Friday