How to calculate your hourly worth.

Here’s the formula : Take the amount of money you earn per year. Then divide that by 50 weeks and then by 40 hours.

For example, growing real estate business.

Making about R800,000 a year. R800,000 divided by 50 weeks equals R16,000 (weekly income). R16,000 divided by 40 hours comes to R400.

"That’s how much your work time is worth," I told him. "So never do anything yourself that you could have done for less than R400 an hour."

Now you do it. Divide your yearly income by 50 weeks. Then divide that by 40 hours.

If the number you come up with is less than R150, it tells me you are not practising a financially valuable skill -
At the same time, make yourself as valuable as you can be at your present job. And start focusing on the really important work that will propel your career - and your income - forward.

Before long, your hourly rate will be double or even triple what it is today.

And your personal time will always be worth even more.