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Time is Money--Make it Count The new Bring TIM! meeting cost calculator is making the world more efficient, one office at a time.

By Jennifer Wang

Opinions expressed by Entrepreneur contributors are their own.

Yeah, yeah, time is money. We've heard. We know. Stop wasting precious minutes yakking about it.

Just how precious? Figure it out with the Bring TIM! Meeting Cost Calculator and Clock, which tracks how much money is wasted during unproductive business meetings. Just put TIM on the table--a clock that displays the cost of every second of a meeting in progress, based on the number of attendees and their average wages--and watch the dollars pile up.

Victory Enterprises, a political and corporate consulting firm in Davenport, Iowa, uses the device in staff meetings and--in a blow to office socializing--keeps the clock running afterward, too.

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