One of the main reasons for my interest in starting a business was that I hate the Paid by the Hour idea of work. Once I became a salary employee, I hated that even more because your boss expected you to work overtime without extra compensation.
A business pays you by the results.
Good results mean good money. Poor results mean poor money.
I set out to create a business to unleash me from the paid by the hour paradigm. In other words, the old saying states “time is money”. This is a very paid by the hour thought.
After reading the The 4-Hour Workweek, I decided that I want to change the “time is money” to “the least time for the most money”. I am constantly looking for new ways to get greater results on less time.
I graduated college with a science degree so I am constantly experimenting. The experiment is to see if I can gradually start reducing my work hour to only 4 hours per day, five days a week.
So far, I’ve been very successful. I found that I was easily able to reduce my work hours from 10 to 12 per day, to about 5 hours per day. I am looking for people interested in teaching and eventually, I hope that I’ll be able to take some days off.
I’ll let you know how my experiment continues.
Wednesday, March 26, 2008
Breaking the Paid by the Hour Paradigm
Posted by Tim Rosanelli at 8:46 AM
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