How Much Is Your Time Worth?
Most entrepreneurs and business owners have no idea how valuable their time is. If you are spending 40+ hours each week working on menial tasks for your company, you could be costing yourself tens of thousands of dollars each year in addition to putting your health in jeopardy.
Let’s do some simple math. How much does your business bring in each month? Now, how many hours do you dedicate to your business each month? Okay, take these numbers and input them into the equation below.
Monthly Revenue ÷ (Total Weekly Hours Worked x 4 weeks) = Hourly Rate
|Monthly Revenue||Hourly Rate|
Even if you’re running a smaller business bringing in 10k a month – you’re still worth $62.25 an hour. And as your business grows and monthly income improves, your value increases accordingly.
Overworking can cost more than money.
Many business owners don’t know the true value of their time and spend it doing tasks that could be fully automated. Handling heavy workloads for clients, maintaining business relationships, staying sharp, and keeping up with basic administrative tasks can be absolutely draining.
Virtual Assistants Can Improve Your Business and Your Health
Often business owners and entrepreneurs develop a do-everything mindset that distracts you from the larger picture.
With the help of an extra set of hands and eyes – our clients have seen massive improvements in productivity, revenue, and most importantly a reduction in stress. VA’s can reduce your internal team’s workload by more than 30% – and if you’re a team of one, expect to see workload reductions of 50% +.
You’ll have more time to focus on your business, strategize for growth, and acquire more clients. All without having to sacrifice your weekends and time with loved ones. Plus, don’t forget – if your time is worth $62- $12,000 USD an hour – the help of a virtual assistant will result in a massive added value to your bottom line.
Ways a Virtual Assistant Can Help Your Business