Unlock the Hidden Value of Every Minute You Spend — Are You Wasting More Than You Think?
But, back in the real world… unless you happen to be a celebrity… we need to determine how to value our time the old fashioned way.
The rule of 10X
A simple rule of thumb is to use the rule of 10X. That is, whatever product or services you’re providing should provide 10 times more value than the price of your services.
Does this work in all situations? Absolutely not.
There are scenarios where luxury goods, celebrity endorsements, and lifestyle brands can charge significantly more than the cost of the product or service.
