Comments on: I just gave myself a $18,642.80 Raise http://www.tonywright.com/2007/i-just-gave-myself-a-1864280-raise/ Pathologically Entrepreneurial Fri, 21 Nov 2008 21:46:11 +0000 http://wordpress.org/?v=2.3.3 By: Tony Wright http://www.tonywright.com/2007/i-just-gave-myself-a-1864280-raise/#comment-137 Tony Wright Thu, 20 Sep 2007 03:58:56 +0000 http://www.tonywright.com/2007/i-just-gave-myself-a-1864280-raise/#comment-137 That's a great point. Spending money to save money! :-) That’s a great point. Spending money to save money! :-)

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By: Matt Cassarino http://www.tonywright.com/2007/i-just-gave-myself-a-1864280-raise/#comment-136 Matt Cassarino Thu, 20 Sep 2007 03:50:16 +0000 http://www.tonywright.com/2007/i-just-gave-myself-a-1864280-raise/#comment-136 Nicely done Tony! This is a great post. Congrats on thinking outside the box and finding creative ways to reduce your unnecessary expenses. Another way to indirectly earn more money is to pay for a professional when the job calls for it. I spent 4 hours today doing a crash course with a QuickBooks Online consultant. Although this cost me $300, it was worth every penny. Being a website developer, I attempted to create my own online database last year for managing my company's cashflow. This was a huge mistake. I ended up spending way too much time programming the database and reporting functionality, especially when tax season approached. I could have been spending this time doing billable work for my clients. The lesson learned is that my time is more valuable than the $20 I'm saving each month by not using QuickBooks. Plus, QB is a very slick application, and it will be a lot easier to sell my company in the future with my books in that application vs. my custom app that only I know how to use. The view is a lot better outside of the box! Nicely done Tony! This is a great post. Congrats on thinking outside the box and finding creative ways to reduce your unnecessary expenses.

Another way to indirectly earn more money is to pay for a professional when the job calls for it. I spent 4 hours today doing a crash course with a QuickBooks Online consultant. Although this cost me $300, it was worth every penny.

Being a website developer, I attempted to create my own online database last year for managing my company’s cashflow. This was a huge mistake. I ended up spending way too much time programming the database and reporting functionality, especially when tax season approached. I could have been spending this time doing billable work for my clients.

The lesson learned is that my time is more valuable than the $20 I’m saving each month by not using QuickBooks. Plus, QB is a very slick application, and it will be a lot easier to sell my company in the future with my books in that application vs. my custom app that only I know how to use.

The view is a lot better outside of the box!

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By: How much do you pay yourself? « http://www.tonywright.com/2007/i-just-gave-myself-a-1864280-raise/#comment-135 How much do you pay yourself? « Wed, 12 Sep 2007 03:47:33 +0000 http://www.tonywright.com/2007/i-just-gave-myself-a-1864280-raise/#comment-135 [...] Tony Wright, founder of RescueTime and Jobby (sold to Jobster) has a great post on how he gave himself a raise by removing expenses!  This is an exercise that every entrepreneur should do.  It is especially important if you are [...] […] Tony Wright, founder of RescueTime and Jobby (sold to Jobster) has a great post on how he gave himself a raise by removing expenses!  This is an exercise that every entrepreneur should do.  It is especially important if you are […]

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