This is a YouTube video titled "The cost of answering emails will shock you. 🤯" containing a monologue or presentation explaining the financial impact of time spent on email management for business owners, emphasizing the benefits of delegation to save costs. The content is instructional and focused on productivity and business efficiency.
Did you know a typical business owner spends about $60,000 a year on email? Here's how the math breaks down. First, you put the value of your time, how much you normally bill a client for, or how much your time is worth based on your salary. Then you add how much time you spend on average per email. Then you figure out how many emails you send per day at a rate of $70 an hour. You are costing yourself more than $60,000 a year just in answering these emails. If we raise this to say 150 because maybe you're a lawyer who is offering legal services rate, you're up to $130,000 a year. Now. If you delegate part of your email, that math really changes. Say your team member costs $35 an hour. Maybe you delegate. Let's just say 10% of your email. You end up saving $10,000 a year just by delegating that to somebody else. In case you needed a reminder about the power of delegation and working as a team instead of doing everything yourself, here it is. You can find the link to this calculator in the description below.
