@B Smith — I understand where you’re coming from, but I think there is a benefit in thinking this way. Many people who think “more money, less work” never get past the thinking stage because they don’t want to make that initial time investment.

By thinking this way, even if I have to invest 100 hours to earn $10 — that’s $10 more than I used to have. Of course, a good business model would dictate that I’ll turn this into a worthwhile venture and not spending crazy hours to earn just a few dollars.

The thing is that I believe that most people tend to under evaluate the time they spend at work (especially for people who make 6 figures). This is why I thought it would be fun to compare everybody on the same level.

It is true that nobody pay you to sleep but if you are smart enough to make money while sleeping, you are in the right way!

I think working less for more money is the way to go. Not sure exactly how to implement that plan though.

Mike

I touch on this in my posts All that glitters isn’t gold… and How almost having a nervous breakdown changed my life. Balancing life and work is a key focus of what my blog is all about.

Where you miss the mark is with the idea of using 24/7 as your basis. The idea is to get paid more for less work. When you use 168 hours a week instead of work hours you lose the life balance concept. The idea is that a guy making $100k for 80 hours a week is paid $20/hour. This is the same rate as the guy making $50k for 40 hours a week. Once you make enough to cover your expenses and desired lifestyle the rest is gravy. And if you have to work extra to make it it actually lowers your standard of living!

I think that working out how many hours you actually put into a job, and using that to calculate your hourly rate is a pretty good way of comparing your job to other jobs though.