
“As an entrepreneur, fighting small charges such as bank errors or late payment fees simply isn’t worth your time. If you have a finance or office manager whose hourly rate is less than the amount of the erroneous charge, then it makes financial sense for that person to spend time resolving the issue. If that isn’t the case, it’s better just to let it go.
The bottom line? The more you can avoid fighting based on principles, the better: It just isn’t worth it. When your time is worth $1,000 an hour, it’s often best to turn the other cheek.”
http://www.businessinsider.com/why-i-charge-1000-for-an-hour-of-my-time-2013-9
Related posts:
IMF Historian Whitewashes The Soviet Spy Career Of The Fund's Founder
Pete Guither: Musing on this day
San Francisco still has a seedy heart
An Inflection Point for US Global Hegemony?
The Road to the Permanent Warfare State, Part 13
From Africa to Anadarko, a Story of Love and Markets
No Containment in U.S. Health Costs
A Measure of Our Impoverishment (Which They Hope You Haven’t Noticed)
Has The CIA's Phoenix Program Been Resurrected In Syria?
The Next Best Thing
Competing currencies saved Zimbabwe from hyperinflationary collapse
How Do You Take Your Poison?
The World’s Greatest Investor is Dead Wrong
And the Actual Customers….
The Danger of an All-Powerful Federal Reserve