Do you believe Time is Money?
Do you have a service business or you sell products that takes up your time?
Is Time important to you?
You should really think about these questions and how it plays a part of your life.
"Time is more precious than money itself, for lost money can be recovered if one works hard for it." There is another saying, ‘Time and tide wait for no man,’ which expresses this idea beautifully. We understand the importance of time only when it is lost."Studies show that employees spend about 31 hours per month in meetings, and spend less than 60 percent of time actually working productively." Small-business owners waste their time on what I call $10 an hour work, like running to get office supplies. There are ways you cannot waste your time doing small to large projects, so you can work on what's important to you. You can hire assistants (in-person or virtually) to help those task that will help you and your build your business. You can hire a maid, virtual assistant or personal assistant etc.
Do your clients, family and friends understand how much time you spend on your business?
It can take you a couple of hours or more than 12 hours in a day to work on your business. You are not only using your time, but your mind, body, sacrifice away from family and yourself. Time is a valuable tool. You don't want to waste it on any unnecessary people, places or things.
Time is a valuable resource, therefore it is better to do things as quickly as possible.
You spend time on your passion to make money and it need to be added into your prices.
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