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Arguing against myself here... But: I need to earn much more than 637K per year to pay for your hours. Thats because if you were to decide to stop the 1:1
by SellingMyself 7y ago
Arguing against myself here... But:
I need to earn much more than 637K per year to pay for your hours. Thats because if you were to decide to stop the 1:1 sessions, you'd still get paid the 1% of income. So the real question you should be asking is, 'If I invest 1 hour into mentoring this guy, will he earn EUR 24,500 extra in the rest of his life?'
And that EUR 24,500 should be in todays money, so with a discount rate of ~5% annually for future earnings.
So over a 40 year working life, that works out to EUR 77,689 extra. Quite a lot to earn for every 1 hour consultation!