123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

How Much Do You Need To Earn Per Hour To Achieve Your Yearly

Profile Picture
By Author: John Assaraf
Total Articles: 6
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Have you ever asked yourself what your highest income producing activity is? If you're like most people you probably go about your day-to-day business never really thinking about the moment to moment activities that consume your day. I'd like to walk you through an exercise that has helped me and my clients really stay focused on earning their highest possible revenue per hour. Let's assume that we each start with 365 days in a year. If we take away the following: Weekends- 104 days 5 major USA holidays 2 weeks of vacation Personal religious holidays - (average 3) That leaves each one of us with approximately 238 days in order to earn the income we desire. Of course we can add or delete days based on our own schedule and desires. If you multiply these 238 days times an average of 10 working hours per day, you are dealing with 2,380 hours of real work time for the year. So let's do some math. If your yearly income goals are as follows $25k = you must be earning an average of $10.50 every hour of work $50K = $21 per hour $100k = $42 per hour $250k = $105 per hour $1 M = $420 per hour $5 M = $2100 per hour $10 M = $4200 per ...
... hour In order to earn the income per year that you really want, you absolutely must be doing activities every hour that line up with this chart. If you catch yourself doing anything that isn't your absolute highest producing income activity all the time, you are in effect making it much harder to achieve your desired financial goals. In other words: Which activity or activities generate your highest producing income? Consider these: 1. What are you spending your time doing? 2. Are you focused on the real moneymakers or the real time wasters? 3. Are you making it easy for yourself to be a high-income earner or are you doing the things that can be done by someone whose income goal or ability is less than yours? When you start to look at each hour this way, you'll stop doing the small stuff and you'll start doing the real high producing stuff that yields results. Just look at your most recent 3-5 days and count the number of hours you spent really making the big bucks vs all the stuff that creeps up on all of us. What you discover will amaze you! -- You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated - send to: John@TheStreetKid.com About the Author John Assaraf, aka The Street Kid
New York Times & Wall Street Journal Best-Selling Author, Trainer & Entrepreneur
Goto: http://www.TheStreetKid.com
Discover My Secrets To Building A Multi-Million Business - Guaranteed!
Goto: http://www.TheStreetKid.com/seminars
Register For Your Freee eCourse The Science Of Making Tons Of Dough
info@thestreetkid.com

Total Views: 188Word Count: 474See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Canadian Residential Humidifier Market To Reach $234 Million By 2030
Author: Lucintel LLC

2. Boost Your Property’s Value With High-quality Driveway Installations
Author: Vikram kumar

3. Eco-friendly Expertise: Leed Consultancy In Dubai And Uae
Author: kohan

4. Best Travel Websites
Author: RishiHassan

5. Top 5 Essential Dog Training Equipment For Active Dogs: Harnesses, Crates & More
Author: Von Ultimate Dog Shop

6. Mindpath Technology Limited – Transforming Businesses With Innovative It Solutions
Author: Mindpath

7. What Are The Costs Of Charging At Public Stations Vs. Home Chargers?
Author: -

8. When To Diy And When To Call The Professionals
Author: Maria Marshall

9. Uniquemark Solutions: Your Trusted Digital Partner In Pune
Author: Uniquemarks

10. The Ultimate Guide To Optimizing Your Website For Conversions
Author: Peggy Police

11. The Advantages Of Using Walnut Shells In Media Blasting For Industrial Applications
Author: Kramer

12. How To Make Iso 35001 Documentation For Biorisk Management System
Author: Emma

13. How To Make Your Product Photography Stand Out
Author: Sam

14. Experienced House Removalists Brisbane | Quality Packing & Moving Services
Author: Sarahwilliams

15. Best Astrologer In Kacharakanahalli
Author: Astroservice7

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: