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The article discusses how startup founders should value their time, emphasizing that unlike consultants who have a clear hourly rate, founders should consider their time to be worth between $1000 and $2000 per hour. This valuation accounts for the high risks and potential rewards of a startup. The author, Jason Cohen, suggests hiring assistants, focusing on valuable projects, and stressing the importance of productivity as key strategies for founders.
Main Points- Value time at $1000-$2000/hourStartup founders should value their time significantly higher than normal consultancy rates due to the unique risks and potential rewards associated with startups.
- Practical implications of high time valueUsing personal and virtual assistants, focusing on big wins, and increasing productivity are practical implications of valuing your time highly.
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