The Value Of Time
How much is your time worth?
- $124,555 per year
- 81 LPA
- 52 weeks * 40 hours per week * 60 minutes per hour
- 124800 minutes
- $1 per minute of 65 rupees per minute
- A 10-minute meeting costs 650 rupees per person.
- A 5 person 10-minute meeting costs 3,250 rupees.
Opportunity Cost
Opportunity cost refers to a benefit that a person could have received, but gave up, to take another course of action. Stated differently, an opportunity cost represents an alternative given up when a decision is made.
-Investopedia
82.3 years
30,039.5 days
720,948 hours
43,256,880 minutes
2,595,412,800 seconds
33% done with life
What good students do?
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A good student makes themselves better
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A great student makes their team better
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A legendary student makes the entire community better
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The best way to make someone better is to give them more time.
Automation
- Time savings depend on the task and the complexity of the automation script
- A good rule of thumb: if you end up doing something repetitive 3 times, you should write a script for the 4th time.
Tips to give the community more time
Teach
If you want to make the community better, you should teach others about the things you learn. Write a blog post, record a screencast, speak at an event, etc.
Build Open Source Tools
How many countless hours have these saved you?
git, linux, react, mongo, postgres, c, etc
82.3 years
30,039.5 days
720,948 hours
43,256,880 minutes
2,595,412,800 seconds
33% done with life
Homework
Don't be late
If you truly understand the value of time, you will not be okay with being late. When you are late you are stealing time from someone else.
Day 1- The Value Of Time
By Amal Augustine
Day 1- The Value Of Time
12-06-2019
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