Business World

Author: Karen Sielski

Do you use lack of time as an excuse for starting a business? Let’s take a closer look at a fundamental principle of time. The 2 things you can do with time are spend it or invest it. Let’s look at each of these options. If you spend time, it’s  gone forever. There’s no getting it back. However, when you invest your time appropriately, you can create a lifetime of residual income.
Here’s how it works. Start by determining how much residual income you want to make per year. Let’s say your goal is to earn $200,000 a year. That works out to about $100/hour for an 8 hour work day. Bottom line, your time is now worth $100/hour.
The next step is to look at your activities, for example, watching tv. If you are watching 3 hours per day, and the average in the US is actually much higher than 3 hours, and your time is worth $100/hour, you are throwing  $300/day out the window.
Let me ask you, is it worth $300/day to watch that much tv? $300/day is $2,100 per week, and over $100,000 per year! Can you really afford to watch that much tv? Now, I’m not saying to stop watching tv completely, but hopefully knowing this information will make you more selective.  Try to cut back to ~1 hour/day instead of going cold turkey.
Now let’s do an exercise with your goals. How much income would you like from a home business? Now take a look at how many hours of tv you watch per day or spend on other activities like hanging out at Starbucks.
Take your income goal and divide by 250.  This will give you the approximate number of work days in a year. That’s how much you need to earn in 1 day. Divide by the number of hours/day you want to work. That’s how much your time is worth.
Now look at other ways you spend your time like cleaning your house or taking care of the yard. If you can hire someone to do those activities for less than the hourly cost of your time, you can use that time to work on achieving your income goal. What if you could hire a virtual assistant for $4-5/hr, just like I do, to do many tasks?
When you look at it this way, do you think you can find the time to start a business and create the life you want to have, not the life you currently have?
And now I would like to invite you to claim your Free Access to “15 Ways To Grow Your Business Online”. Just send an email to kw-online-mktg@aweber.com and you’ll start receiving valuable information that can help you get more traffic to your website or blog and make more money from your visitors.

Do you use lack of time as an excuse for starting a business? Let’s take a closer look at a fundamental principle of time. The 2 things you can do with time are spend it or invest it. Let’s look at each of these options. If you spend time, it’s  gone forever. There’s no getting it back. However, when you invest your time appropriately, you can create a lifetime of residual income.

Here’s how it works. Start by determining how much residual income you want to make per year. Let’s say your goal is to earn $200,000 a year. That works out to about $100/hour for an 8 hour work day. Bottom line, your time is now worth $100/hour.

The next step is to look at your activities, for example, watching tv. If you are watching 3 hours per day, and the average in the US is actually much higher than 3 hours, and your time is worth $100/hour, you are throwing  $300/day out the window.

Let me ask you, is it worth $300/day to watch that much tv? $300/day is $2,100 per week, and over $100,000 per year! Can you really afford to watch that much tv? Now, I’m not saying to stop watching tv completely, but hopefully knowing this information will make you more selective.  Try to cut back to ~1 hour/day instead of going cold turkey.

Now let’s do an exercise with your goals. How much income would you like from a home business? Now take a look at how many hours of tv you watch per day or spend on other activities like hanging out at Starbucks.

Take your income goal and divide by 250.  This will give you the approximate number of work days in a year. That’s how much you need to earn in 1 day. Divide by the number of hours/day you want to work. That’s how much your time is worth.

Now look at other ways you spend your time like cleaning your house or taking care of the yard. If you can hire someone to do those activities for less than the hourly cost of your time, you can use that time to work on achieving your income goal. What if you could hire a virtual assistant for $4-5/hr, just like I do, to do many tasks?

When you look at it this way, do you think you can find the time to start a business and create the life you want to have, not the life you currently have?

And now I would like to invite you to claim your Free Access to “15 Ways To Grow Your Business Online”. Just send an email to kw-online-mktg@aweber.com and you’ll start receiving valuable information that can help you get more traffic to your website or blog and make more money from your visitors.

To receive the information series “Top 15 Ways To Grow Your Business Online“, send an email to kw-online-mktg@aweb.com.

Article Source: ArticlesBase.com – How To Find More Time For Your Business

Google’s latest privacy flap emerged this week when it announced its “interest-based” ads, which are behaviorally targeted banner ads based on a user’s web-browsing activity. It’s nothing particularly new or ground-breaking, and the company was kind enough to give people a way to opt out, but the way the company presented the new system to users was a little odd. It titled its blog post announcing the new system “Making ads more interesting,” and it later said, “We believe there is real value to seeing ads about the things that interest you.” But are better-targeted ads really something that delivers any benefit to users? The benefit to advertisers and marketers is obvious, but it’s hard to see users really caring enough to forfeit some privacy just so they can help out advertisers.

But web browsing is just the tip of the iceberg: lots of marketers are looking at how to take information generated by mobile phones to hit users with targeted ads. They’re not talking about the worn-out Starbucks example of hitting people’s phones with a coupon when they walk past a store, but building profiles of people based on their travel patterns, favorite applications and web sites, and even gender, age and income information. Again, all of this info given up for the sake of seeing “better” or “more interesting” advertising. That really doesn’t benefit the user, so why should they give up — or be forced to give up — all of this information?

Source