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Time management

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  1. #1
    easyrecycle started this thread.
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    Time management

    I don't think this has ever been a topic here and I just replied to someone about something long this line.

    In short having good time management is good to make sure you stay on profit and that you make the money you need to on a day to day deal.

    In short. How much time are you worth? Take that number and / it by 60 minutes and then times that by how long it takes you to do blank. Now when you times that is it worth your time or not? Here is what I am talking about.

    A computer (something I know very well)

    A computer can make around $5 dollars profit EASY even when you BUY them like I do.

    So is it worth braking apart or selling whole? Well how long does it take me? I am a pro when it comes to braking one apart so about 5mins to do that.

    So I will take what I am worth (per my last job when I worked for the "man" ) at $28 an hour. So 28 / 60 = 0.46 so 0.46 x 5 = $2.3 to brake the computer apart each. At 5mins per computer is 12computers an hour. So total cost in brake down is $28 So what is your profit...take the $5 and - your hour rate per computer of 2.3 and your left $2.7 total over 12 computers = $32.4 net profit for the company. That 32.4 will cover the cost of fuel, over head and so on.



    Hope this is simple to understand. I never went to school for this so this is just something I learned on my own so it may not be dead on. But it works for me and I have learned what is worth my time and what is NOT worth my time.
    My company name was Easy Recycle but has since been closed
    My Name Stephan Harz
    My YouTube page

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  4. #3
    easyrecycle started this thread.
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    Quote Originally Posted by hobo finds View Post
    You love Pink Floyd. lol

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    I like to stay at $15 a hour and up

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    It is nice to maximize profit over time invested and I do that 80% of the time, then I tackle low percentage stuff when I have scraps of time..30 minutes here and there. This gives me a chance to learn new strategies and of course it upgrades/ads to the load. It all ads up.

  7. #6
    eesakiwi's Avatar
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    I worked out once that I get $5 a hour for all of the time I spend 'on the job'.
    That doesn't include sleeping.... but includes hours & hours of walking.

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    This is realative as well. There is no way that I can ever gain the horly rate I once had again. Would be nice, but not going to happen.

    I currently make a lousy $10 an hour, but love the job and have time for other endeavors. When making these calculations I shoot for $20 an hour, but if I am having fun and making $10 an hour then I won't complain.

    Computers are the nice ones for me though. I had 11 dell the other day and was completely done with them in 30 minutes. Those things come apart just by looking at them.


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