Time is the most important & un-renewable resource in life. Time has got its own value. Most people don't measure it. But the true importance for success in life is based on how effectively you utilize your time. In my work experience I realized how each minute i spend is important and accountable. Today people feel happy that the mobile / telephone call rates are going down. But people hardly realize that the value of each minute they waste doing unnecessary / unimportant things is quite high.
To be more specific, measure your time along with your income. Say if your salary for a month is approximately 25000/- and you work for about 160 hours a month considering you work 40 hours a week. Then your income per minute is Rs 2.60, more than your STD call rates! Imagine you waste 1 hour every day; you lose about Rs 156 monthly and yearly about Rs 1872. This is just an example. Consider yourself with the number of hours you spent un-utilized. To further highlight this issue consider the IPM (Income Per Minute) of Sachin Tendulkar, it is Rs 1,163 per minute, Shah Rukh Khan's IPM is Rs 247, Mukesh Ambani's IPM is Rs 413. Imagine people like our PM whose IPM is Rs 0.57 (taken 30 working days & excluding his perks) and that of Mr APJ Abdul Kalam is Rs 1.14 per minute.
This is just to awaken you. We think many times before opting for a mobile or telephone plan considering its tariff but don't think about our cost per minute. Hence think about your cost per minute or to put it conversely, you loss in income per minute before you spend a single minute. Effectively managing and valuing your time is the only mantra for increasing your IPM.
To be more specific, measure your time along with your income. Say if your salary for a month is approximately 25000/- and you work for about 160 hours a month considering you work 40 hours a week. Then your income per minute is Rs 2.60, more than your STD call rates! Imagine you waste 1 hour every day; you lose about Rs 156 monthly and yearly about Rs 1872. This is just an example. Consider yourself with the number of hours you spent un-utilized. To further highlight this issue consider the IPM (Income Per Minute) of Sachin Tendulkar, it is Rs 1,163 per minute, Shah Rukh Khan's IPM is Rs 247, Mukesh Ambani's IPM is Rs 413. Imagine people like our PM whose IPM is Rs 0.57 (taken 30 working days & excluding his perks) and that of Mr APJ Abdul Kalam is Rs 1.14 per minute.
This is just to awaken you. We think many times before opting for a mobile or telephone plan considering its tariff but don't think about our cost per minute. Hence think about your cost per minute or to put it conversely, you loss in income per minute before you spend a single minute. Effectively managing and valuing your time is the only mantra for increasing your IPM.
Yes, time is indeed an element that needs to be accounted for. But at times we think social networking is a waste of time. We don't realise that even the social interaction can lead to business...which is true in most of the cases for business generation.
ReplyDeleteThanks for your comments. Yes. I firmly believe that only through social networks business can be done though personal interaction is of utmost importance. In my career i have structured deals through social networking only...What about you???
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