Campfire 35: Time Is Money, Or A New Way To Measure ROX
General 0 replies 0 likes 370 viewsThis is the chat for Campfire 35: Time Is Money, Or A New Way To Measure ROX, which you can now also watch back on WXO TV.
Do you think of time as a cost?
Or do you picture time as revenue?
In services, time is a cost. But when it comes to experiences, time is revenue. This difference comes down to one crucial concept: the Money Value of Time (or MVT).
Joe Pine, a WXO Co-Founder, author and godfather of the Experience Economy, shares his ultimate guide to putting a price tag on your experience – and creating new opportunities to charge for what you do.
Let us know how you might apply the Money Value of Time to your own work in the comments below!