"Time is money"—believe it. One approach to getting control of our time is to take this old adage seriously. If you need convincing, make a quick calculation of what it costs your organization to pay you (including benefits, taxes, and bonus), seat you in an office, and equip you with tools, administrative support, and executive management. If you are salaried, a reasonable estimate of your total burdened cost is your gross pay multiplied by a factor of 2 to 3 and divided down to get an hourly rate. These are surprisingly large numbers, and it is real money that we burn every hour. Yet the care we take in our management of time often falls far short of the basic controls, safeguards, and reviews that we use as a matter of course in managing our organizational and personal finances.
So let's really treat time as if it were money and apply
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