Set and enforce an aspirational personal hourly rate. If... - Deepstash

Set and enforce an aspirational personal hourly rate. If fixing a problem will save less than your hourly rate, ignore it. If outsourcing a task will cost less than your hourly rate, outsource it.

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alibinnaseer

Writer | Content Creator | Physics Lover | Programmer | Muslim

This is not a summary, nor anything of my own. This is a life-changing thread from Naval's twitter account. Follow him on X, @naval

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Set and Enforce Your Hourly Rate

Set and Enforce Your Hourly Rate

Set and enforce an aspirational personal hourly rate. If fixing a problem will save less than your hourly rate, ignore it. If outsourcing a task will cost less than your hourly rate, outsource it.

Monetary Value of Time

We all have some idea of how much our time is worth. On extreme ends, it is easy to know if a task is worth your time. For instance, if someone offers you $0.07 per hour and another $7,000 per hour, you would have no problem to decide.
However, in the middle of the time-value spec...

The Two-Minute Rule

It helps you decide when to tackle a task by following the steps below:

  1. Define clearly what is the task and the actions that compose it.
  2. If the action takes less than two minutes, do it, although it is not an urgent or high-priority task; if not, defer it o...

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