Do you know what your time is worth? Why Start-ups and small businesses should

clock-77497_640Do you know what your time is worth? A lot of people would answer this question by saying, “Yep, I make $x’s per hour”.

That’s one answer. However, for a lot of people, the answer is “no”, “I don’t know”, or I have not thought about it.

If you don’t know how much your time is worth you should because chances are that you are not managing it effectively. I mean, if you don’t know its value, then how can you use it effectively?

I”ll bet that when you go to Target to buy a pillow that you will look at the price, before you get it to the cash register and check your wallet to make sure you can cover the cost. But when it comes to time, a lot of us never consider it, we just spend it as though it is endless.

This is a problem in businesses of all sizes but particularly toxic if you run a small business or start-up. In a small business or start-up, time is one of your most valuable assets. Its the one element that you can utilize more efficiently that your larger competitors, always.

While consulting with small business owners, I often observe inefficient operation practices that are frankly costing the business owner money. Its not always clear to them because they are so close to the day-to-day operations but as an observer, its very clear to me.

Having written operational procedure for a large business for many years, I often cannot resist the opportunity to approach them with my observation in an attempt to provide some constructive feedback to improve the situation. Continue reading “Do you know what your time is worth? Why Start-ups and small businesses should”

Tools for the mobile worker

I listened to a podcast today at Startups for the rest of us around working remotely and optimizing productivity by getting out of the office.

I’m listing some of the tools and tips here in addition to a few things that I found to be valuable as well. If you have tips that you would like to share, drop them in the comments section or send me an email via the contact form.

Tools to bring: Continue reading “Tools for the mobile worker”

REWORK

Let me start by saying that REWORK is one of the best books I’ve read. A lot of this may have to do with the timing since in recent years I walked away from the corporate life into full time entrepreneurship which puts me in a state of mind that’s open to each experience (Cubicle, Business owner).

What I recognized immediately after I started reading the book was the consistent references to topics that I had instinctive thoughts and ideas about while inside of the cubicle but could rarely find anyone else that agreed or shared those thoughts.

Continue reading “REWORK”