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How Much is Your Time Worth?

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Wow, a Lot More Than I Thought

Recently I’ve been extremely busy and working hard trying to get things done. I know that the length of my list is my choice. Busy lives are nothing unusual, especially for those of us working in construction.

So, how can we be more productive and decide what things on the list are the most important? The answer to this question will be different for each of us, but it’s something we have within our control if we just do something.

Spending time wisely comes down to prioritizing and making decisions.

I’ve always struggled with giving my time the same level of importance as other people. I wouldn’t be late to meetings with customers, committees at church, or in the community. The lack of importance I give to my own time results in me being less productive than I could be.

As I was thinking about how busy I am and trying to figure out what I should do next, I had a thought.

What if there was a monetary penalty for every minute wasted?

Let’s be honest…there is.

What is each minute of my time really worth?

So, I did some calculations –

  • There are 60 minutes every hour
  • There is an average of 12 hours per my workday
  • There are 6 workdays per my work week
  • There are 52 work weeks per year
  • This means there are 224,640 minutes available to work each year
  • My gross revenue target for this year is $400,000.00
  • $400,000.00 divided by 224,640 minutes means each minute of the day is worth $1.78

$1.78 for each minute doesn’t seem like that much, until I did some more calculations –

  • $1.78 x 5 minutes = $8.90
  • $1.78 x 15 minutes = $26.70
  • $1.78 x 30 minutes = $53.40
  • $1.78 x 60 minutes = $106.80

Who knew that my time was that valuable?

It’s amazing how much the little things can change the big picture. This gave me a whole new sense of urgency. It has caused me to evaluate decisions differently. Which of these things on the list is worth spending that much time/money on?

It has caused me to focus more intensely on which actions I need to take to accomplish my mission.

I’ve never been one to give my time the value it’s worth. Working for myself, it’s always hard to give it a monetary value. This discovery changed that.

This week’s solution has cost me $160.20 so far and by the time I get it published it’s going to be closer to $220.00.

I sure hope you find at least that much value in it. 😊

Of course, everybody’s level of importance is going to be different based on individual preferences. But this new awareness of the value of my time has given me a new focused intensity to spend my time wisely.

So…it looks like the time I spend is $1.78 per minute.

It’s up to me to spend each minute wisely.

Rewritten from previous post

It’s Jesus Inside of Me That Makes Me Want to Do This

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What Does Jesus Working in You, Make You Want to Do?

Now there’s a question for you to think about.

Pastor Lee shared a story about Trevor Ferrell, who at 11 years old was moved to help homeless people in Philadelphia in the 1980s. His story garnered a large public support and Presidential recognition. In an interview he was asked what made him do this work, he responded…

“It’s Jesus inside of me that makes me want to do this.”

Jesus wants to work in and through all of us…if we will just let Him. The problem is, most of us think we’ve got this. We don’t need any help.

In Mark 9:30-37 Jesus and His followers are on their way to Capernaum. Along the way some of the followers were arguing about who was the greatest. They were looking at it from a selfish worldly perspective. They weren’t thinking about what they could do as a team, with Jesus and each other.

Jesus told them that to be truly great they needed to be focused on helping others, not what was in it for them. It’s so simple kids can do it (Mark 9:36-37).

We need to be focused on what we can do for others…not what’s in it for me.

Putting other’s first doesn’t mean that they are more important than we are. It means that we have been given certain skills, abilities and insights that will make the world better if we share them with the people who need them.

The Disciples were competing amongst themselves, each wanting to be the greatest. We are competitive by nature. This can be a good thing if we are clear on what we are competing for.

Pastor Lee told another story about a medical student who was extremely competitive. He consistently scored at the top of his class, but it was beginning to take a toll. He was feeling overwhelmed and burnt out.

During a school break he went on a mission through his church. While on the mission he found a new and refreshed since of purpose and decided to take a semester off and continue working in the mission.

In a letter home to his parents, he wrote about how nice it was to not feel the pressure to be the best. He went on to tell how great things were. He said, currently he was ranked second and if things continued the way they were, he thought he would be first in a couple of months.

He was seeking greatness. I’m not sure that he was clear on what that was. We’re all seeking it and many of us aren’t clear on it either.

Greatness isn’t about me, it’s about God working through me.

Throughout history God has used normal people to do great things. He has given each of us something that is special to us. It’s up to us to find that thing and use it to make the world better.

It’s Jesus working inside of me that makes me want to do this.

The History of Labor Day and My Problem with It

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Labor and Work…What’s the Difference?

 

Labor Day is one of my three favorite holidays each year. Christmas being my favorite, which is no big surprise. Labor Day and New Year’s Day are tied for the second spot. These two are not typically ranked in most people’s top three.

 

My extended family celebrates both holidays in an almost identical way. They start with parades in the morning and conclude by spending the rest of the day, into the evening, playing games, eating and enjoying time with family. This doesn’t mean that I don’t enjoy all the other holidays, because I do. These three are just my favorites.

 

As I was looking forward to the upcoming Labor Day I began thinking about the reason behind the celebration. Labor Day was started as a way to show appreciation for the hard-working labor force in America in the late 1800s. We often forget the reasons behind holidays. We need to remember the reason for this and all holidays and not just look at it as another reason to barbeque with friends or go to the lake.

The problem I have with Labor Day comes from the perception that there is a separation between labor and management / employees and business owners.

There’s no doubt a difference in the roles of these two groups, but too often it is seen as a confrontational battle between the two. It is a mindset of our side against theirs. There certainly have been and still are situations where this is true.

It doesn’t have to be this way. This attitude is a problem for both groups. It’s a view that there is a limited amount and if I don’t get my piece of the pie, there may not be any left. This scarcity thinking in a world of abundance isn’t beneficial to either side. God will provide enough for everybody.

If we would quit viewing labor and management as two competing entities and instead look at both as on the same team working together, both would benefit.

 

Having been on both sides of the employee/owner relationship I can tell you that both work hard to achieve success. If all involved work hard together toward the same goal everybody wins. It is easy to look at other people and think they have it easy, but rarely is that the case.

The definition of labor focuses mainly on the physical while work (link) refers to both physical and mental actions. Work seems less divisive than labor. We can and should work together toward the same goal.

On the first Monday of September this year I’m going to celebrate WORK instead of labor.