172: Value-to-Income Ratio (VIR)
Update: 2025-01-07
Description
Episode Description
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Time-Stamped Show Notes
- [00:00:30 ] Introduction to the Value to Income Ratio and its significance.
- [00:01:00 ] Explanation of why hourly rates don't reflect true income.
- [00:02:00 ] Breakdown of calculating your working days and hours.
- [00:03:00 ] How to calculate your personal hourly income.
- [00:04:00 ] Discussion on the difference between business value creation and personal income.
- [00:05:00 ] Detailed steps on calculating the Value to Income Ratio (VIR).
- [00:06:00 ] Strategic ways to improve your VIR.
- [00:07:00 ] Personal insights and experiences with tracking VIR.
- [00:08:00 ] Closing thoughts on financial freedom and the importance of tracking VIR.
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