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

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

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!