222. The $10,000/ Hour Test… What You Should NEVER Be Doing Again
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Quantify the value of your work, and invest your time accordingly.
- Use the $10,000 per hour test (from Perry Marshall’s 80/20 framework) to identify which tasks you should stop doing and which deserve your focus.
- List all weekly money-making and money-saving activities, including tasks you do yourself to avoid paying others.
- Assign an hourly dollar value to each activity based on what it would cost to delegate, then rank activities from highest to lowest value.
- Eliminate activities that lose money, gain nothing, or have no clear economic value, and postpone uncertain tasks for a week, then a month, then potentially forever.
- Concentrate on the highest-impact, highest-income work while automating or delegating everything else to create more impact and income in less time.
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