Easy Way to make $100, $1000 or $10000 an Hour by making Your Day Count

Perry8020, Marketing Blog2 Comments

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3  easy way to make more moneyDo you want to give yourself a raise? If you want to know how to make more money, then apply the 80/20 Power Curve to the time you spend in your day.

An 8-hour day has 480 minutes. Let’s say you get paid $20 per hour. How much is the work you do actually worth? $20/hour x 8 hours/day = $160. If we look at your day in terms of 8 hours, it looks like this:

Number of members = 8

Total output of members = $160

The Power Curve, in Figure 15–1, page 116 of 80/20 Sales & Marketing, shows that the least valuable hour in your $160 day is worth $8.96 and your most valuable hour is worth $53.74.

It gets even more interesting if we divide your day into 480 minutes:

  • Your average earnings per minute is 33 cents.
  • The least valuable minute of your day is worth 7.6 cents.
  • The most valuable minute of your day is worth $15.49.

Fifteen bucks a minute? Now what does this actually mean? Is this how to make more money?

It means that when you’re filing your fingernails or chatting with your friends on Facebook, your value to your employer is very low. To say you’re worth 7.6 cents per minute to your employer while you’re texting your fishing buddy is generous, to say the least. It also means most people really get only about one to two hours of real work done each day and the rest of it is “busy-ness”. It means the true 80/20 individual can work one day a week and take the other four off. You just have to make that day really COUNT. And this is how to make more money.

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About the Author

Perry Marshall has launched two revolutions in sales and marketing. In Pay-Per-Click advertising, he pioneered best practices and wrote the world's best selling book on Google advertising. And he's driven the 80/20 Principle deeper than any other author, creating a new movement in business.

He is referenced across the Internet and by Harvard Business Review, The New York Times, INC and Forbes Magazine.

2 Comments on “Easy Way to make $100, $1000 or $10000 an Hour by making Your Day Count”

  1. Ok when we plug in the number 8 and $160 we get the curve. We figure out how much a 20$ per hour worker is worth at his least and most valuable hour. Which is $8.96 and $53.74.

    You lose me when we divide the hours into minutes. I tried plugging 480 and $160 but I am not getting the curve with the minutes showing the least valuable minute and the most valuable minute.

    How did you go about getting the results with the curve. Sorry, sort of unfamiliar with using the curve.

    Thank you,

    -Fredy

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