Construction leaders can calculate what their time is worth by dividing annual revenue by 220 working days. A two-day task that costs you $5,000 in lost earnings might be worth delegating to someone cheaper, even if it seems faster to do it yourself.
Chapters
You got to figure out how long would it take you to do a good job? Let's just say it still takes you just 2 days, right? You do, you're just, you're a wizard and you do it in 2 days. So our question to you is, if you're a leader of a company and you look at your total revenue for the company, right? And then you figure out how much time you spent on the company in the previous year. So, you know, if you're a normal person, get the total revenue by the company and you multiply it by how many days you worked last year. So if just a normal one, there'll be 220 days. So that equates to, whatever, 20 holiday days, just a normal 220 days is how many working days you would have if you had 20 working holidays. So 220 days, that's really how much earning potential you have on a day rate. So multiply that by 2 and then you'll understand what your time is worth to the business.