The Buy Back Rate Calculator is an interactive tool designed to help business owners and entrepreneurs determine the maximum hourly rate they should pay to delegate tasks based on their own earning capacity, following the methodology introduced by Dan Martell in his book Buy Back Your Time.

What It Does

  • Calculates your Buy Back Rate:
    By inputting your monthly income and monthly hours worked, the calculator computes the highest hourly wage you should comfortably pay to others to take lower-value tasks off your plate.

  • Explains the Calculation:
    The tool provides a detailed, step-by-step breakdown of how your Buy Back Rate (BBR) is calculated, making the process transparent and easy to understand.

  • Offers Delegation Guidance:
    The result helps you see which tasks are cost-effective to outsource so you can focus your time and energy on more valuable, high-leverage work.

How the Calculator Works

  1. Input Fields:

    • Monthly Income: Enter your gross income for a typical month.

    • Monthly Hours Worked: Enter how many hours you work in a typical month.

  2. Output:

    • The calculator displays your Buy Back Rate as a dollar amount per hour.

    • It also presents a step-by-step explanation, including:

      • Your calculated hourly rate (income divided by hours worked)

      • The final Buy Back Rate (hourly rate divided by four, as per Martell’s framework)

      • Practical advice on which tasks are best to delegate at or below your BBR

Purpose and Benefits

  • Empowers you to make strategic decisions about outsourcing.

  • Ensures you're spending your time on work that reflects your highest value.

  • Delivers an actionable figure that takes the guesswork out of hiring support or delegating tasks.

The Buy Back Rate Calculator is a practical financial and productivity tool, rooted in proven entrepreneurial principles, to help you maximize the return on your time investment.

 

Buy Back Rate Calculator