As the country comes into grips with persistent power cuts, it is undeniable that starting or running a business in this already tough economical climate has become a lot harder. In this podcast, : Business In Motion Podcast 14 : Starting-Up The New Year, we outline some of the important aspects of mental preparedness and the importance of time management in your business.
The simple formula used to evaluate how much you are worth outlined in the podcast: If your target is R2000, divide it by the number of weeks: 4= R5000. This result will give you the weekly output that needs to be made to attain the target. If you then divide that by 5 days, you will then determine your daily target, R1000. Further dividing it by the number of hours in a work day, 8, will then give you your hourly rate.