How Much Time Does That Meeting Really Take?
What is time to an entrepreneur? Time is a precious resource, much like cash dollars. As you go about building your business, I know you participate in your share of meetings. To what do you charge your meeting time to? If it’s for a current client, that’s part of the cost of doing work for that client, so that’s a no-brainer. But what if you’re taking meetings with prospective clients, how do you figure the cost of your time? Do you know how to identify the real time associated with a meeting? Let’s use this example: I have a lunch meeting that I’ll label as networking/business development with a potential client that I have never met before. I’ve talked to them on the phone, and decided to follow-up with a…