Nitu Mohanka breaks income growth into ROTI: Return on Time Invested. Calculate your current hourly rate, set a target, then close the gap through education, experience, and expertise. Higher ROTI means higher income.
Chapters
How can I increase my income and build multiple sources of income? Your income is a direct outcome of the value that you create. So the concept of ROTI is what comes in here, which is Return on Time Invested. Here it means that how much money do you make per hour? You need to first have awareness of your current ROTI, Return on Time Invested, per hour that you make, and what is the income, the per-hour income that you want to create you know, in future. So for that, you need to see what is the gap. That gap is something that you need to fill with 3 things. What are these 3 things? Number 1 is education. Educate yourself how you can fill that gap. Number 2 is experience. That gain more experience in a particular area because that's what will make you more valuable. And third, become an expert of a subject. That will increase your roti. The moment your roti increases, your income will also increase.