Anyone who has worked with me knows that I am not a huge fan of meetings. I like my meetings short, sweet, small and productive. I think my distaste for meetings came out of my experience running agencies. In the agency business time is literally money. Every minute you spend is either billable (costs the client) or non-billable (costs the agency) and both scenarios can be very expensive. When you have ten people in an meeting for one hour billing an average of $175 per hour your meeting just cost $1,750. You better make damn sure you all needed to be there and actually accomplished something.

Time is Money

Enter Bring TIM!

I stumbled on this product this weekend and immediately placed an order. Bring TIM is a meeting cost calculator. You bring it to a meeting (I am going to leave it in the conference room), dial in the average hourly rate and number of people and hit start. You can see the cost of the meeting in real time so everyone is aware of just how expensive the time is. In my opinion this is a must have for any business, especially those that bill clients based on time (I want to get my lawyer one).

I have no doubt that this will freak out some of my team members but I can’t wait to put it into action. You can order your own here for $24.99.

Ted Murphy

Ted Murphy

Ted Murphy is an American entrepreneur. He is currently the Founder, Chairman, and Chief Executive Officer of IZEA, a technology company that provides software for influencer marketing.


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