Hi Rachel,
I agree with you on the methods and pertain those myself, so good points for that! ๐๐
However, I used to do the same as to not account the time that I am spending and not to include that to my ROI calculations.
Taking my time, and itโs value, into account some of the past success that I have seen does not seem anymore so bling bling.
If youโd put a 50 or a 100$ to the hour you would get a completely different ?x -number for your ROI calculation above.
Nowadays, I try to optimize the whole business plan from the perspective of how to make the highest $/hr ratio for the whole project.
I would argue that time is our most valuable asset and how we value that is key.
You feel it when you make millions with a 50$/hr salary! It does not feel good; you are giving up a lot for that. Better to optimize for, say, to 200โ400$/h and have a beautiful life also in other ways than just business.
Thank Rachel for your article and sharing your experiences for others benefit. ๐๐