dump “nonprofit” tasks and focus on the high-value ones.
by sandi leyva
the complete guide to marketing for tax & accounting firms
let’s do the math. to earn a million dollars in a year, you have to bring in $83,333 per month. assuming you bill hourly and work for the standard 1,000 billable hours per year, you need to charge $1,000 per hour. if you want to make $5 million in one year, you will need to charge $5,000 per hour.
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here’s some breaking news: you won’t get there doing tasks that are worth $10 per hour. even if we drop a zero and aim for six figures in a year, you won’t get there doing $10-per-hour tasks either. at six figures, you’re worth $100 per hour.
the difference between poor people and rich people is simple: one values the scarcity of their time and uses every minute wisely, and the other doesn’t.