Opportunity Cost Calculator

Should you hire someone to tackle that project or just do it yourself to save money?

If you’re on the fence in hiring that $50/hour freelancer, would you really be saving money if you did it all by yourself but it would take you all at least a full day of work

How much an hour of your time is really worth? $50? $100? $500? More? 

As your own boss, you wouldn’t really spend a full day trying to do a task you could easily delegate for less than an hour of your time. And, you’d be losing even more than just the traded hours - you’d also be losing earning potential since you could be doing more profitable tasks with your time. 

It’s time to say no to doing low-value tasks - and channel your time and energy on things that can actually make you more productive (and profitable). 

You’ll be able to do that with the Opportunity Cost Calculator. Estimate the cost of doing a task by yourself and compare it with the cost of hiring somebody else to do it. It’s that simple. 

So the next time you’re torn between hiring somebody or DIYing the task… you’ll know which option is the most cost-effective for your business… and your sanity. 

What’s included: 

  • An hourly rate calculator, based on how much you want to make per year and how many hours you want to work per week, giving you a clear estimated value of your time! 
  • The Opportunity Cost Calculator that will literally suggest the decision for you as to whether you should outsource or DIY! Simply enter the number of hours it would take you to complete and the cost of hiring someone else to do it, and the calculator will do the rest - making it super easy for you to decide what tasks to do yourself vs. which tasks to outsource!. 
  • A short guide on how to think about opportunity cost as a whole and your time as the CEO, along with some (optional) nerdy number info!

Sneak Peek:

FAQ

  • What if I don’t know how much my time is worth?Perfect - you are even more so in the right place because this tool will help you do just that.
  • What if I hate math? Not a problem, our calculator does all the formulas for you! 
  • What if I hate making decisions about outsourcing? This makes suggestions based on MATH, not emotions, making decision making much easier.
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Filter Reviews:
    AR
    08/11/2020
    Amanda R.
    India India
    Awesome!!!

    Highly recommended...