What Is Your Time Worth
I’ve been around this Internet Marketing niche for quite a while now, and I participate in a few forums. Every now and again, someone who is obviously new to the market and trying to get opinions or recommendations about a product or coaching program will ask,”Hey – how good is XYZ…?”
Legitimate question. It’s obvious that you have someone doing their due diligence BEFORE buying into a product or program.
What I really like are those that answer like this:
“Don’t waste your money. You can get all the information you want for free on the internet or in this forum.”
There’s an old saying… “Knowledge is power”.
That’s only half right though. Knowledge itself is useless unless applied. So APPLIED knowledge is power.
So telling someone who’s looking for a way to succeed that they can find all the info they want for free is only giving them potential access to the power.
There’s all kinds of value out there. Money is surely value. But so is time.
So let’s say you are considering joining a coaching program that costs $997 and you ask about whether it’s worth the money. Then someone answers “Ah, you can find all of the info in that coaching program for free all over the internet”.
That answer may be true, but then you need to ask yourself a few questions too:
- What is your time worth?
- Do you know how to apply the information you’re finding for free?
- Do you know what your best “method” is for achieving your goals? Surely there are lot’s of methods…
- Can you constantly motivate yourself to move forward – especially when you have setbacks and failures? You can bet your bottom dollar you’ll have both.
Don’t be afraid to spend money (when you have it) on speeding up your education. It’s an investment in your future. Just be sure to research your potential investment as thoroughly – and objectively – as you can.
Even if you don’t have money to spend at will, there’s other things you can do.
Bartering is alive and well on the internet. Several years back, when I was fully five figures in debt, I decided to teach myself a few things…web hosting, script installations and general webmaster duties. Then when I saw something I thought would do me good, I contacted the product owner and suggested trading their product for my time.
While this didn’t work 100% of the time (naturally), it worked more than it didn’t. Subsequently, it helped speed up my own on line education significantly…and the money came faster.
There are never any guarantees in life. Most people realize this already. But one thing IS guaranteed… as Wayne Gretzky once said, “You are guaranteed to miss 100% of the shots you don’t take”.
Time is money. And your money (well spent) will help shorten your time.
