• 172: Value-to-Income Ratio (VIR)

  • Jan 7 2025
  • Length: 15 mins
  • Podcast

172: Value-to-Income Ratio (VIR)

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  • Summary

  • 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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