The first part of your focus on results should be to work out how much your
time costs. This helps you to see if you are spending your time profitably.If you work for
an organization, calculate how much you cost it each year. Include your salary, payroll
taxes, the cost of office space you occupy, equipment and facilities you use, expenses,
administrative support, etc. If you are self-employed, work the annual running costs of
your business. To this figure add a guesstimate of the amount of profit you should
generate by your activity. If you work normal hours, you will have approximately 200
productive days each year. If you work 7½ hours each day, this equates to 1,500 hours in
a year. From these figures, calculate an hourly rate. This should give a reasonable estimate
of how much your time is worth this may be a surprisingly large amount! When you are
deciding whether or not to take a task on, think about this value - are you wasting your or
your organization's......

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Title: Time Management
Approximate Word Count: 652
Approximate Pages: 3 (250 words per double-spaced page)

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