Monday, December 14, 2009

What is the formula for Income?

Income = value created * time * scalability

Time

Let us talk about time. Many of us work from 9-5pm and you get a fixed pay monthly. But out of the 8 hours daily, how much is spend on low-quality time like emaling, chatting, complaining and doing things that is insignificant? We should spend 80% of our time on high quality work that will bring visibility and revenue to the company. Next time you boss give you a task, thing about the impact to the company and you.

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