How,Get,What,You,amp,#39,Worth DIY How To Get What You're Worth Online
When starting a new work at home business it is very easy to become consumed by it. We spend so much time trying to get the business up and running that we may end up becoming burned out and lose our motivation. There is so much to learn and Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in
I have a guideline that, if something produces one sale per yearand costs less than my profit for that sale, then it may well beworth doing. In fact, that's part of my formula for marketingsuccess: try everything you've learned about and that you canmake up. I promote in many different ways; there's no one majormethod that most of my hits come from. And I'm alwaysexperimenting. (Good thing, because things keep changingonline.) But I have another guideline:Of the methods that are worth doing, do those that produce themost amount of net profit using the least amount of my time.(Just too brilliant for words, isn't it?)And that's why you should hire a maid. "What?!!!" Success And Your Hourly WorthTwo questions:What is the least amount of money you *want* to make, or make perweek, or make whenever? What is the largest number of hours per week or whenever you arewilling to devote to earning that?Divide your answer to the first question by your answer to thesecond question.(Do it. Really. I'm not busy -- I'll wait.)That gives you what I'll call "your hourly worth."Now, chances are you want to treat that number, instead, as whatyou wish to make. That is known not as hourly worth but as a"wish." Here's how to make that wish into a reality: Step OneDon't treat it as a wish.Treat it as your hourly worth. Say "This is what that hour isworth to me." Not just once, but always, for everything on whichyou spend time. It's should be your answer even --especially!--when someone asks what you charge.If you do that consistently enough, and refuse any and allalternatives and naysayers, eventually the world will have nochoice but to agree with you.For example, I just bought a new computer. Do I have enoughmoney to pay for it? Perhaps strangely, I think that question isirrelevant!Instead, I think these are the useful questions:a) If you include the time it takes to set up and mess with thecomputer, will it actually speed up your work enough to save youtime? If so, how much time per day, per week, per month, or peryear? (For this question, you do have to decide what therelevant time period is -- "per day," "per week," "per month,"or "per year.") b) Multiply the number of hours you just came up with by yourhourly worth. Now you know how much the computer is worth toyou. So just compare how much the computer is worth (to you) tothe actual selling price of the computer. Please don't say, "Well, sure, *you* can afford it!" I'm telling you the kind of decision-making that got me to where I can afford it ... more than once.And I'm not trying to get you to buy a computer. That's not thepoint at all.Apply the same process to online marketing. For example "Is the*net* profit from advertising with XYZ more or less than myhourly worth for the time I spend creating and placing thatadvertising?" If the answer is "yes," then do it even if youthink you can't afford it. If the answer is "no," then don't doit even if you do make net profit.One last example:It takes you an hour to clean something. A maid does it in anhour --or less!-- and better. Yet the maid only charges[whatever] per hour, while you hourly worth is [such and such].The maid *will* be less. Now, spend that hour earning more thanthe maid charges!Which reminds me ... Step Two.I suggest you limit the number of categories you personallyparticipate in to two: a) things you do to make money; and b)sleep, recreation, and things you enjoy, that make your lifeworth living.(Ideally, "things you do to make money" should fall under"things you enjoy.")Get rid of everything else! Article Tags: Hourly Worth
How,Get,What,You,amp,#39,Worth