Track Your Day to Financial Success

If you’re like most people you probably go about your day-to-day business never really thinking about the moment-to-moment activities that consume your day. I’d like to walk you through an exercise that will help you earn the highest possible revenue per hour.

Let’s assume that we each start with 365 days in a year. If we take away the following:

  • Weekends 104 days
  • Two weeks of vacation
  • Personal religious holidays – (Three is the average)

That leaves each one of us with approximately 238 days in order to earn the income we desire. If you multiply these 238 days times an average of 10 working hours per day, you are dealing with 2,380 hours of real work time for the year. So let’s do some math. If your yearly income goals are as follows:

  • $25k = you must be earning an average of $10.50 every hour of work.
  • $50K = $21 per hour
  • $100k = $42 per hour
  • $250k = $105 per hour
  • $1 M = $420 per hour
  • $5 M = $2100 per hour
  • $10 M = $4200 per hour

In order to earn the income per year that you really want, you absolutely must be doing activities every hour that line up with this chart. If you are doing anything that isn’t your absolute highest producing income activity all the time, you are making it much harder to achieve your desired financial goals. Answer these four questions:

  1. What activity or activities generate your highest producing income?
  2. What are you spending your time doing?
  3. Are you focused on the real money makers or the real time wasters?
  4. Are you making it easy for yourself to be a high-income earner or are you doing the things that can be done by someone whose income goal or ability is less than yours? (Delegate or outsource projects and tasks that aren’t the highest income producing use of your time.)

When you start to look at each hour this way, you’ll stop doing the small stuff and you’ll start doing the real high producing stuff that yields results. You will build your business success and your wealth.

 

Comments

  1. ‘Track Your Day to Financial Success’, certainly creates the focus that you need!

  2. Eslam Talaat says:

    Absolute Must read article and do exercise for any one wishing to have more abundance and achieve goals

  3. It is so true and seems so obvious but requires great concentration to apply.

  4. Thank you John. It really puts it into perspective!

  5. Garryharper says:

    THANKS JOHN your focus is on your own time for money exchange ist it better to focus on leverage of others time and recieve a portion in a team system thanks mate

  6. Wow. That does put it into clear perspective.

  7. this is spot on.

    I have been thinking along these lines for a long time. now something to focus on.

    thanks John

    http://www.belief1st.net.au

  8. Mahalo (thank you) John! This is an incredible way to look at how much we want to earn and doing activities which are worth that amount per hour. Wonderful! Thank you for all you do and for sharing such valuable information with the world!

    Much aloha,
    Kellie :)

  9. John:

    Thank you for sharing this concept. It seems so simple when you break it down this way. Now I know what I have to be doing and how many clients I need to bring in for my business to get to the income level I desire.

    Live with passion and purpose,
    Vanessa

  10. This really puts the minutes in perspective. I needed this at this exact time.

  11. Crystal Nickerson says:

    Thanks John, perfect timing! As always it is appreciated that you give out this info! I have been following your insights for the last 24months and have been documenting my experiences on “re-training my brain” the results are incredible! THANK YOU!!

  12. g,day John i am from a trade background so effort = result only so much i can do with my hands,

  13. francis mark arcangeles says:

    i like to earn money thats why how i can do

  14. this is great John, you words are powerful!

  15. g,day John would organising others to do work for you be the highest income activity? leverage time for the result you required over personal working it yourself,,, thanks

  16. Ziedonis Paegle says:

    John,
    Thank you for the inspiring motivational videos.
    After listening to them I feel like a new man.
    I am looking forward to the next video.

  17. Thanks to technology and learning that my life is slowly changing in the direction that I do I define the direction of movement of life, not life throws me nuts that from coast to coast
    Many thanks

  18. Please delete me from your emailings. I can find no other option for requesting this. Thx.

  19. Patricia del Valle says:

    Thank you, John,
    All the above recommendations are truly valuable. You have put them in perspective with examples that drive the messages home.

    I’m using your detailed goal-setting plan. This will help me implement it. I still have moments of procrastination. I see how to better get myself into the action mode more often during the day–and develop better habits–no excuses.

    I’m grateful for your perspective.

  20. This is a great article. Thank you for sharing this. More power to your site! :)

  21. Guitarinsight says:

    I don’t mean to take anything away from John here but I first saw a chart like this in James Ray’s Harmonic Wealth for anyone interested.

  22. Irmacruz624 says:

    What if you work in a medical office ? I am a scheduler of evaluations. How can I be the best at this and earn more while in this position?

  23. I like articles that break things down in practical ways. I would say more, but I have more work to do… 

  24. Personal Finance says:

    Having
    financial success can make life a lot easier not to mention the amount
    of freedom you may feel once you know that you are financially secure.
    Financial success is something many people aim for but few actually
    are able to enjoy financial success and the reasons for falling short
    of that goal are really quite simple. If you’ve tried saving money,
    investing, working harder, changing jobs and your finances still haven’t
    improved then maybe it’s time to take a closer look at your financial
    beliefs and try a different approach.  Personal Finance.

  25. I really enjoyed reading through this write-up! I most certainly will be coming back to read some more intriguing ideas!! Thank you.

  26. Thank to idea …

  27. Joseph Kapeta says:

    I am anxious to learn how to get my life organized by knowing how I can have self confidence in time/self management technics. Can you help to find the right tools to achieve that? All you can suggest will be greatly appreciated!

    Thank you very much,

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  29. harshad kharbikar says:

    i got financial success plzzzzzzzzzzzzzzzzzz help

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