Introduction
A recent conversation with a person who fails to
track their time efficiently has sparked me to write about our experiences
with time tracking, and why it's one of the best secrets to profitable
success.
I'm confident you'll want to track your time after reading the article
below.
We'll then spotlight five online time tracking tools currently
available. All of them have a free plan of sorts, so take time to
investigate each of the options before making any investment of money or
time.
So, how do you tackle those small jobs that we all receive every week?
We'll discuss reasons to adopt a "prepaid block hour" approach,
and your profits will love you for it!
Finally, we'll wrap up this edition by looking at Flickr as a design
folio tool. Why only show your work off on your own web site, when you can
proudly boast about it to others?
I trust you'll enjoy this edition of the Tribune.
Miles Burke tribune@sitepoint.com
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Summary
Editor's Perspective
The Best Kept Secret
A common complaint when speaking to managers of web teams, is the often
large disconnect between being busy, and the goal of all business, being
profitable.
I had the same dilemma years ago. We'd start on projects, feel like
we're doing the hours expected and a few small jobs in between -- but we
never seemed to make the money we'd calculated.
Where was the profit going? The answer -- and one of the best kept
secrets -- is time. Without an indication of how long it actually took to
complete a job, you'll be unaware if you charged enough for the current
job. And when a similar job comes long, you risk underquoting the work, if
that's what has happened.
The first golden rule here is track time on large projects.
Secondly, we're all bombarded every week with those small "it
should only take 15 minutes" jobs. Five of those, and we're talking
about an hour and a quarter a week, perhaps more. How are you tracking
those? Gut feel? Stop it!
So you can see why I say that the second golden rule here is track time
on the smaller tasks as well.
Ideally, every member of your team (or you, if you're a freelancer)
should clock every minute of the day into a system which allows you to
quickly grab some useful details:
-
How many hours spent on this project this week?
-
How many hours available for this project before reaching budget?
-
How many interruptions this week, and what did they cost in time?
-
How long do those frequently repeated tasks actually take to do?
Once you've recorded weeks and months worth of this data, it allows you
to accurately predict how similar tasks and projects will take in the
future. You may now know that it takes four hours to build a widget.
Instead of quoting that "gut feel" of two hours like you've done
previously, you'll be able to quote the right amount and win back those
losses.
Say you charge $100 an hour, and build five of these widgets every
month. That's 60 a year, and if you're short-changing yourself two hours
every time, that's a whopping $12,000 a year in losses. Find other
repetitive tasks that you've been under-quoting (and if you're only now
starting to instigate time tracking, I guarantee you will!) -- you'll
start kicking yourself you didn't do this before now.
You can use any number of methods to record the time: paper time sheets,
local computer-based software, or web-based tools. There's a plethora of
different tools available to you, and I'll list a few of them below for
your perusal.
Best of luck, and enjoy the challenges of increasing your billable hours
per week!
Time Tracking Tools
All ready to tackle time tracking and considering an online tool? Here
are five of the offerings out there:
14Dayz embraces the
"simple time tracking" methodology. Features include drag and
drop categories, PDF and Excel exporting, and no user limit. They have six
plans, from a free plan through to $99 per month; see their pricing page for
details.
88Miles is another application
touting as "simple time tracking." Features here include time
budgeting, XML and CSV exporting, a mobile edition, and integration with
online financial tool, Saasu. They have six levels, starting from free to
$75 per month. See their pricing page.
Harvest goes way beyond simple
time tracking. Features include expense tracking, timesheet approvals,
QuickBooks export, and more. Four plans available, from free to $90 per
month -- more details
here.
Tick has a sexy interface and some
great features, such as Basecamp integration, SSL, and desktop timers. See
their various pricing plans
(five plans, from free to $79 per month), or jump right in for a free
trial.
Toggl offers secure connections,
ability to embed elsewhere, one-click tracking and a fully featured free
account. Like most others, there are five plans with differing features
depending on the plan. All the information for these are available on
their pricing
page.
I hope the above suggestions help!
Do You Have Five Minutes?
You've started tracking your time, and are increasingly aware of the
amount of five minute freebies you are currently giving away in support
requests and tiny content fixes.
What you need is a way to keep the administration of invoicing those
small blocks of time to a minimum -- for you, and the person receiving the
invoice at your client's end.
A few years ago, we embraced the idea of prepaid block hours. These have
been a savior for us, and we've managed to claw back many of the minutes
and hours we previously wiped off.
To make things even sweeter for our clients, we offer a discount rate to
those who prepay their time, and then we charge those 10 minute fixes to
these blocks. At the end of the prepaid block, we send a detailed time
sheet for the work we did.
We offer a small discount on our five-hour block, then increase it
according to the size of the block; we also have 10-hour, 20-hour, and
50-hour plans. We've allowed clients to choose which plan they want and
then pay for it up-front, saving everyone the pain of multiple invoices
for tiny amounts.
Now, when we're asked by a client to spend 15 minutes tweaking some
content, we simply charge it to this block and then send a report at the
end.
Try it out; your clients and, importantly, your bank balance will
appreciate the move!

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Flickr Your Folio
If you're a designer, here's something you may want to consider. Instead
of loading all of your recent work just on your own web site, you could
also upload screenshots of your work to photo-sharing service, Flickr, and describe the final web site
there?
Your portfolio benefits from the prospect of more people seeing your
work (the Flickr community is huge!) and there may even be additional SEO
benefits, if you link back to your web site within the image
descriptions.
Here are just ten of the Flickr users already embracing this idea:
Be careful, though. The Flickr Community
Guidelines ask that you use Flickr for non-commercial purposes. I
suggest that anything looking like spam would be bad, but showing the
world your personal portfolio is acceptable -- there are millions of
examples of photographers, illustrators, and designers using Flickr this
way.
Thanks so much for reading another issue of the SitePoint
Tribune. I look forward to touching base in two weeks time.
Miles Burke tribune@sitepoint.com Editor,
SitePoint Tribune
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