Productivity for Profit
Becoming more productive means becoming more profitable. One option is to do the same number of activities but in less time. Let’s say your time is worth $100 per hour and you make $1,200 for 12 hours of work. If you do the same amount of work in less time, you are now making the same amount of money but doing it in six hours a day instead of 12. Instead of your time being worth $100 per hour, it is now worth $200 per hour. The dollar value of your hour has just doubled.