Money Value of Time – 3 – Mental Models for Education

...to the real.

In a former life I spent some time working as an Associate for a boutique consultancy that specialised in social enterprise and the third sector.

The MD asked me to codify the company’s burgeoning internal knowledge by producing a document that listed the different social enterprise business models that its consultants had encountered, along with their relative pros and cons for different social causes.

I sat with my line manager and mentor and explained that I would probably need an hour with all of the consultants to interview them and get that knowledge out of their heads and onto paper.  His response left me stunned…

“Okay.  You could, you could do that, we could make that happen.  But before we do anything you need to appreciate that each of these guys is billed out at £800 a day, so if you want to speak with fifteen of them for an…

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I teach
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