{"id":3726,"date":"2013-09-22T16:22:38","date_gmt":"2013-09-22T23:22:38","guid":{"rendered":"http:\/\/recruitloop.wpengine.com\/?p=3726"},"modified":"2023-05-15T11:03:56","modified_gmt":"2023-05-15T18:03:56","slug":"how-much-is-one-hour-of-your-time-really-worth","status":"publish","type":"post","link":"https:\/\/www.zippia.com\/employer\/how-much-is-one-hour-of-your-time-really-worth\/","title":{"rendered":"How Much Is One Hour of Your Time Really Worth?"},"content":{"rendered":"

If your tap was leaking \u2026 drip, drip, drip …\u00a0<\/em>you would find a way to seal that leak, right?<\/p>\n

First of all, that dripping sound is incredibly annoying. \u00a0You can hear it now, can’t you? You\u2019d want to fix that leak just so you don\u2019t go crazy from the noise.<\/p>\n

Secondly, water is being wasted and you are paying for it whether you are using it or not. You don\u2019t like to waste water and you surely don\u2019t like to waste your money.<\/p>\n

Now let me ask you this: How long would would it take for you to fix that water leak? \u00a0An hour? A day? Until the water overflowed the sink? Until the water was so deep, that you needed a row boat to move through your home? \u00a0My instinct tells me you would act rather quickly because you realize the value of acting quickly and appropriately.<\/p>\n

By acting quickly, you save water\u2014a precious resource, you save the cost of the water, and you save your sanity so you are not going crazy with that incessant dripping sound.<\/p>\n

What if I told you that you are leaking, too. \u00a0But as opposed to dripping water, your leaks are time leaks. \u00a0Precious time is being wasted and that is costing you.<\/p>\n

Everyday distractions<\/strong><\/h2>\n

Do you get sucked into what I call the Internet Black Hole<\/em>? You know how it goes. You start with good intentions to research something, but then you end up clicking another link and then another link. And then you are sidetracked by those awesome headlines, which lead you to read an article that adds absolutely no value to your day.<\/p>\n

Before you know it, an hour or more has escaped.<\/p>\n

Do you open an email every time one appears in your inbox? Then you may as well just read another email. And before you know it another hour has slipped by.<\/p>\n

Or what about that piece of paper you’re sure was right there on your desk the other day? \u00a0You waste time digging among piles of papers, getting sidetracked as you notice other documents or notices you’d forgotten to action from weeks earlier …<\/p>\n

Are you getting the picture here?<\/p>\n

A little leak here and a little leak there.<\/p>\n

For any business owner, we\u2019re not talking about just a single dripping tap. You may well be leaking more like a roof with lots of massive holes in it.<\/p>\n

Just imagine your office covered with buckets everywhere to capture those leaks. Except in your case the buckets are not collecting water, they are collecting your leaking time. \u00a0And unless you know how to seal those time leaks, profits are literally draining out of your business.<\/p>\n

Here are 7 ways to seal those time leaks:<\/strong><\/h2>\n
    \n
  1. Become aware of how you are using your time. Awareness is the first key before you can implement change.<\/li>\n
  2. Be intentional how you use your time. Your actions should be purposeful. Avoid knee-jerk reactions or being reactive to situations.<\/li>\n
  3. Create systems and processes to manage yourself and your business.<\/li>\n
  4. Have an easy and effective filing system for paper, email and electronic documents. You should be able to find a paper within seconds or an e-file in two or three clicks.<\/li>\n
  5. Use a timer to control the amount of time you are on the Internet.<\/li>\n
  6. Set blocks of time on your calendar for specific tasks.<\/li>\n
  7. Control interruptions and distractions by saying politely to others and to yourself, \u201cNo, not right now<\/em>.\u201d<\/li>\n<\/ol>\n

    These time leaks add up quickly.<\/p>\n

    A study performed by Brother, Inc. found that people waste on average nine minutes a day looking for paper. Nine minutes a day is almost an hour a week. An hour a week is more than one working week a year. \u00a0If your average billable rate is $100 per hour, that\u2019s $5,000 you have wasted. And that is only for one<\/em> of your time leaks.<\/p>\n

    Do you want to spend a whole week a year looking for misplaced papers? Or, would you rather spend that time and money on a vacation? Or use it to focus on more revenue generating activities?<\/p>\n

    You have value. \u00a0Your time is your money.\u00a0Reflect on the value of one hour of your time.<\/p>\n

    Are you ready to seal your time leaks and stop profits going down the drain? Your business depends upon it.<\/p>\n

    Being productive is not about being busy. It\u2019s about doing the right things effectively.<\/p>\n

    If you have any other productivity tips, we’d love to hear from you.<\/strong><\/h4>\n

    Rosie Aiello is a Productivity Consultant, Small Business Mentor, Speaker and Author. She is\u00a0the founder of ClearVista Consulting International Inc., which specializes in improving productivity and profits for entrepreneurs, \u00a0small businesses, \u00a0and other professionals.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

    Being productive has nothing to do with being busy. It\u2019s about doing the right things effectively. Your time is precious so manage it wisely. It’s time to reflect on the real value of one hour of your time.<\/p>\n","protected":false},"author":13,"featured_media":3730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[30],"tags":[],"yoast_head":"\nHow Much is One Hour of Your Time Really Worth?<\/title>\n<meta name=\"description\" content=\"Being productive is not about being busy. It\u2019s about doing the right things effectively. Your time is your money. 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