In this episode, we’re diving into the game-changing metric that transforms how you run your business: your true hourly rate. Learn how to calculate, track, and optimize the most important number in your business with a simple time-tracking routine.
Episode Highlights:
- Why most entrepreneurs ignore time tracking (and why that’s costly)
- The shocking research about how business owners waste time
- A dead-simple system to calculate your true hourly rate
- How to optimize your business decisions using this metric
- The straightforward tracking method that actually sticks
Key Takeaways about the Hourly Rate Habit:
- Business owners waste nearly 7 hours each week on low-value activities
- Your true hourly rate isn’t just what you charge clients – it’s your total revenue divided by time worked
- Simple tracking beats perfect tracking – start with just two categories
- Monthly review reveals crucial patterns in your business efficiency
- Six months of tracking shows your real business trends
Resources Mentioned:
- Business Vision Kit ($5) – Includes mindmap template, ChatGPT prompts, and implementation checklist
Habit Implementation Tips:
- Keep your vision board as your desktop background
- Save the audio version on your phone
- Find a consistent quiet space for your morning practice
- Commit to the habit for at least 30 days
Ready to transform your business vision into reality? Grab the Business Vision Kit and start your CEO vision practice today ↓
