What Is The Value Of 1 Hour Of Your Time?

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What is the value of 1 hour of your time?

But before you answer that question, let me tell you a story about my friend…

His name is Smith (not his real name) he works for a huge Palm Oil and Natural Gas processing company (go figure). His Oil and Gas company pays him a good salary, with benefits and all. But he is stressed out! Here’s why…

taxiHe lives in Lekki but works on the Island, so everyday he has to pull himself out of bed at 5:30 am shower, dress up and then get in his car at about 6:15 am only to sit in traffic for another 60 minutes before he gets to his work at about 7:15 am.

And when work is over he faces the same traffic wahala. You know the Lagos traffic, that stressful traffic that makes you want to slap a car!

Well that stress has gotten to him. And he wants to quit his job and return back to America…so I asked him “why don’t you just get a driver?”

Now this is where I want I need you to pay special attention.

Remember my friend works in the Palm Oil and Cooking Gas industry and is paid well. A driver in Lagos would cost him about N30,000 to N50,000 per month depending on the drivers negotiations skills. At that amount his bank account won’t even know when a payment is made to driver, it won’t feel it … the amount is too small for his account to be bothered.

With a driver all my friend needs to do is jump into an already washed car, with the AC already cold and get chauffeured to and from work. He can choose to sleep during this time, make some phone calls, buy gala, call his mum, buy pure water, sleep again … but you get my point … he can do whatever he wants. His stress level will reduce because he no longer has to worry about slapping cars, his driver can do that work for him.

But here’s what my friend said when I offered my suggestion. And his response is key because this is the mentality a lot of people have. I call it the scarcity mentality. My friend said…and I quote f…

“I can’t afford to pay a driver 30,000 Naira to drop me off at work and bring me back, what will he be doing in between?”

Let’s forget the fact that “in between” your driver, can help you pick up food, run errands, buy diesel for generator, queue up for you in fuel scarcity … let’s forget all that and instead assume the driver does nothing “in between.”

That basically the driver drops him off at 7:00 am in the morning and does absolutely NOTHING all afternoon until 5:00 pm when he drops my friend off at home.  My question to my friend and to others out there with that thinking is … so what!

Let’s assume you stay in traffic 2 hours a day….5 working days a week (I have not even included weekends). That is 40 hours a month stuck in traffic! Imagine then that you are paying a driver, a very experienced driver N40,000 Naira a month. That amounts to N1,000 for an hour of your life back (N40,000 divided by 40 hours).

But yet my friend like many others see money from a simplistic point of view. They are more concerned with what the driver is doing in his stand-by time than the value the driver is adding to them hourly. Failing to realize that in that hour they can add more than N1000.00 of value to their life!

They can close business deals, finish up past due tasks, rest and basically be less stressed.

Think about it like this, instead of spending energy cursing at Lagos drivers that you will never see again in your life, you can instead spend that time closing business deals worth a couple thousand of dollars. But many fail to see or understand this because they still don’t know the value of their time.

So I ask again, do you know what the value of 1 hour of your time is?

twitterWritten By Okechukwu Ofili of ofilispeaks.com
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Ofili

Author: Ofili

Words by Okechukwu Ofili of ofilispeaks.com
Follow him on Twitter
Stalk him on Instagram
Read his crazy titled books on konga or okadabooks
Feed his children at…no wait he has no kids…. 

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23 comments on “What Is The Value Of 1 Hour Of Your Time?

  1. I think in Smith’s view, the chauffeur (I detest calling them drivers) is a liability. Good thinking from you Ofili.

  2. My brother, I bin don wonder the thing sotey I no fit wonder am again. E just taya me. People can just like stress! Smh.

  3. I really like your thoughts and the smart way you pen them down. Keep writing,Ofili and keep shining in the things you do. Cheers!

  4. orcee on said:

    That has been my exact thought for years but my friends thought I was just. Wasting the limited resources and being lazy…thank you brother for writing about it..we need to know that stressing ourselves doesn’t make us hardworking or career man/woman..it just kills our lifespan,wastes our productive time…and also it won’t hurt if we provide employment for some guy in our own little way by letting him drive us around….
    I like the way you write..keep it up

  5. Okonkwo Philip on said:

    Wow! I luv dis piece. I enjoyed reading it and I learnt alot 4rm it. Thank you for this

  6. chydee on said:

    Very nice, thoughtful and straight to the point piece. Smith needs to think more about the positive sides which far outweighs his assumed “monthly loss” if he employs a driver. We need to understand we can’t have it all; we can actually make that small sacrifice for greater gain.

  7. toyin on said:

    Boss!!! Ur mentality ehh is ur ability do not drop the pen (maybe u become an international recognition u know na) pls do not drop the pen (n remember the sheet it is very important)

  8. Opeyemi on said:

    I think some people just like to complain about stress so others would pity them.They never plan to alleviate the stress and they thrive on the pity of others.

  9. John Okoro on said:

    God bless you Ofili. You have made my day!
    I tell people that i cannot drive myself in Abuja or Lagos during the weekday, and most look at me like i am crazy. Yet they call and complain about the traffic and all. I hope they get to read this sha!

  10. Mordi on said:

    I Like this Post. The Jerk for me is that is post is trying to help us better appreciate and properly manage and use TIME.

    Speaking from the side of Smith and a host of others like himself – I do not think it is a bad idea to deeply consider the ‘in-between’ life (time losses) of the driver.

    I connect to Ofili’s suggestion and possible solution, but it is also important to know that build meaning and good reason on Smith’s thinking.

    One solution that I can think of can be to get a Bike/Scooter. There surely will be objections to this (centered majorly on Safety and Ego) but the thing is with a bike, Smith can be able to save time and not put another human (A ‘driver’) through confusions and struggles with the loss of ‘in-between’ time.

    This doesn’t mean that Smith will have to do away with his car. He just will have to understand that he will need to ride carefully, always use/wear protective clothing; ride perhaps only during peak traffic hours (Weekdays: Anytime between 5am – 10am & 4pm – 9pm) and then try to pay no attention to how people will evaluate Smith on a Bike.

  11. Sylva on said:

    Dear Ofili, your thinking is so sharp that I felt it cut through my mind. I will sue you if I bleed.

    I believe if we think in terms of value rather than money, we wouldn’t get bothered by lots of stuffs. Besides I think the government will be grateful for reducing unemployment.

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