Do You Wanna Make $10 Per Hour? Or $100, $1,000 or $10,000?

PerryMarketing Blog8 Comments

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All around you, there are $1000 per hour and $10,000 per hour gems lying in the midst of ordinary $10 per hour busy work.1 pareto-principle

And the thing is, gravity P-U-L-L-S us down to the $10 per hour stuff. Naturally. Our instinct to “keep busy” (which you probably learned in school) traps us in nearly useless activities that don’t further what we really want to do in the world.

We would tend to classify a person who makes $100,000 per year as successful.

Yet they still waste most of their time.

The typical $100,000-per-year person spends the vast majority of their time doing trivial $10–per-hour tasks, a decent amount of time doing $100-per-hour jobs and occasionally—and somewhat accidentally—executing highly productive, $1,000-per-hour tasks.

You can verify this for yourself; all you have to do is watch people closely. Even highly paid executives waste large spans of time on low-value activities.

What is "80" and what is "20" for your business right now? Take my 2-minute quiz and I'll show you where you'll get the highest compound interest on your time and money!

In 80/20 Sales & Marketing I show how even a $20-per-hour, $40K-per-year person probably spends at least one minute each day earning $900 per hour; he or she just doesn’t know it. And once you’re aware of this, you see the huge disparity. It doesn’t take a genius to realize there’s even more $1.00 per-hour tasks, plus a very few $10,000-per-hour tasks.

For a secretary, $10,000-per-hour opportunities do exist, but they aren’t exactly plentiful. But you’re in sales and marketing. Maybe you even own the company.

If you strongly influence sales in your company, $10,000 per hour opportunities are everywhere around you. Which means if you’re making less than $100,000 per year, you won’t be for long if you follow the 80/20 principle.

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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.

8 Comments on “Do You Wanna Make $10 Per Hour? Or $100, $1,000 or $10,000?”

  1. Hey Perry,

    Does the higher paying hours count even if you dont see the money right away?

    As an example, building an email list may eventually add up to $1,000 per for every hour I put in, but I may not see this money for several years, do you consider this earning the money now? even though I will not see the return for a while?

    thanks for the clarity

      1. Hey Thanks again for answering my question about doing higher value work even if you do not see the returns for several years,

        I just wanted to let you know, I am now building the habit of spending more and more time on higher dollar jobs and I will soon hit my goal,

        thanks for all you do

        Johnathan

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