Hector Sanchez | 
07 23rd, 2007| 
As office employees, we are committed to work based on objectives and deliver results. This means that even though you have a fixed work schedule, most likely a “9 to 5 job”, depending on the workload and whether the objectives are on track or not, you might find yourself in the need of working more hours or even weekends, to keep your boss happy and maintain your job as well. Being someone like this is what companies and bosses consider a professional and good working employee.
However, working excessive hours might make you lose money at the end, and here is how:
Let’s say that you have a monthly salary of $5,600 dollars and you are supposed to work from 9:00 am to 5:00 pm, Monday through Friday, which translates into a workweek of 40 hours. This means that you are working 40 hours per week, and on a month of 4 weeks, this would be 160 hours per month. Divide the $5,600 by 160 hours and it translates into $35 dollars per hour.
Not let’s pretend that due to the high volume of workload and the aggressive of your objectives you are required to stay 2 more extra hours at the office. Please remember, that since you are a salaried employee, you are not making overtime.
2 hours per day would be 10 hours per week, or 40 extra hours on a month of 4 weeks. Add this extra 40 hours per month to the normal 160 hours you are required to work on a month, and this translates into 200 hours per month. Divide the $5,600 by 200 hours and it means that now you are making $28 dollars per hour.
This is 20% less than you are supposed to make! Who is getting this benefit? the employer of course, and you are paying for that with the most precious and limited asset you have, your time.
Now, please don’t get me wrong, I’m not suggesting getting lazy at work or running to your boss’s office and ask for a salary increase, you’ll most likely get fired sooner or later. I wanted to bring this to your attention to illustrate the fact that if you are planning to get rich or financially free with your current job, you are on the wrong side of the business.
Currently I have a job which I love a lot, and I usually work from 8:00 to 6:00 (10 hours) if not more, but to be honest, I won’t get too far by keep doing what I’m doing, sooner or later I’ll get old, and with the rapid changes of today’s business world, I don’t think I can stay in a company for many years. The days of getting a job in a good company and work there for many years until retirement are over. (My father worked on the same company until retirement for 24 years!).
Whether we like it or not, we are living on a new era, which is the “information age” and we better make the shift soon to the other side of the business (as business owners) or we will be eaten by someone else. Being an employee of a large company for many years belongs to the age we just left behind, the “Industrial Age.” These are the days of using the most powerful leverages we have now, which are our brain and the Internet.
If you don’t believe me, just look around you and you’ll realize that the new millionaires are related with the new information age, and companies of the old industrial age are having trouble to survive.
So, wake up! and get started with your online business, NOW! Claim your share of the freedom that the Internet Business brings you; it might be too late a few years later.
