For Subscribers

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.

"It's a reminder," CEO Steve Grubbs says, "that the work clock keeps ticking even after the meeting ends."

TIM is so powerful, says Christine Gosney, vice president of product development, you don't even need to turn it on: "We have two of them, just sitting in our conference rooms, and it makes us more conscious of what we're doing."

Brad Johnson, Bring TIM! creator and survivor of painful four-hour meetings, acknowledges the gag gift potential but adds that "it's also a productivity tool that's so simple it works."

And for $24.99, TIM (that is, Time Is Money), is a steal.

Jennifer Wang

Writer and Content Strategist

Jennifer Wang is a Los Angeles-based journalist and content strategist who works at a startup and writes about people in startups. Find her at lostconvos.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Buying / Investing in Business

Former Zillow Execs Target $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Business News

College Professors Are Turning to ChatGPT to Generate Course Materials. One Student Noticed — and Asked for a Refund.

AI use in higher education is becoming more popular for students and professors.

Business News

Barbara Corcoran Finds a Buyer in One Day for Her $12 Million 'Palace in the Sky' Penthouse

Corcoran bought the duplex co-op for $10 million in 2015 and spent $2 million renovating it.

Starting a Business

A Cambodian Refugee Paralyzed By Polio Says 'Not Much' Was Expected of Him. He and His Wife Built a Multimillion-Dollar Business That Beat All Odds.

Steve and Brittany Yeng were discouraged from pursuing their unique idea, but they didn't listen to the naysayers.

Business News

You Can Now Order Food and Book a Massage on Airbnb. Here's How.

Airbnb redesigned its app and added a host of new services.