Tuesday, December 01, 2009

 

Maximize Return On Investment (ROI)

What are the metrics used by you to calculate return on investment (ROI).  Of course, the bottom line, profitability (money), is important.  It gives us more options to invest our time wisely to work with others to be more profitable and productive.  However, when making a deal you need to listen for your inner voice to know how to maximize return on investment.

There are seven metrics you can use to determine whether an investment on your behalf is trustworthy.

Return On Involvement
Really this is the key to anything we are involved with.  Time is not proportional to involvement.  What you did, do, and bring to the table should make a positive difference.  Think of it this way, without involvement your ability to benefit can only go so high.  Involvement is not a onetime occurrence.  It must be fueled at the right time.  Listen first by asking why something is being done and then make a decision on whether your involvement can help.  Timing is everything. 
 

Return On Image
Through involvement we create an image of ourselves to others.  Image is more than appearance.  I'm not saying dressing nice and being clean is not worthy.  What I am saying is image should put in others mindset what you are doing is helpful and worthy of consideration.  By doing so, others will join you because it's important.

Return On Imagination
Ask yourself, if we do this what it will look like.  How can we make it grow to create an even more robust marketplace and society?  This is where a facilitation session would help tremendously.

Return On Intensity
Once imagination is lit, filter the items into goals.  For each goal find the metrics needed to keep you on track and measure results.  Over time these metrics may evolve, however, most will be mainstays.  Then, we have a tune to march to.  March we will because the intensity created brings more fun and a rush of endorphins.  Just be sure to pace yourself or you'll get out of control, run into stress, burnout, and a load of other problems.

Return On Intelligence
As we accomplish goals we discover new found knowledge and intelligence.  This intelligence has a tremendous amount of usefulness.   It is street smarts through practical application and distribution to verticals, industries, government, and society.  

Return On Influence
Your return on influence becomes greater because those who may have thought in the involvement phase it wasn't of interest now jump on board because they want to be involved with it.  They don't want to miss anything.  This creates new relationships and make sure you leverage them to benefit you and the people who have been with you.  Of course, new relationships allow us to venture into other exciting areas and have other trusted and trustworthy allies on our side.  Even those who might have been once opposed to you may be a part of your endeavor.  That's alright. 

Return On Investment
Compete and if there still isn't justification to put in your work, time, and money then it probably isn't a good investment for you because you will not receive a return in all the areas mentioned and the bottom line, profitability (money), will not increase.  However, if there is justification then pursue with vigor and watch your bottom line grow.  Now you have a return on investment giving you more options to help, support, and serve others.  Be patient, persistent, and convincing to see your return on investment.  Depending on the situation it can be instant or take years.  What you'll see are people jockeying for position.  You may think, what took them so long.  That's just the way business is.  Take them by storm to accelerate.  You might be surprised they want to create a wave of fun results faster.  Of course, when it's real good the sooner it happens the better.

In each section above identify examples of investments where you were on both sides.  This will empower your mindset to relate to the mindset of those who are on your side, on the other side, neutral, or need to be recruited. 

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Wednesday, October 21, 2009

 

Your Mindset and Mood


"Speak what your mind thinks from the heart." - Raj Gavurla

Your Mindset and Mood
The definition of mindset is the way you think and what you think. When working with organizations and coaching clients my focus is on creating more profitability and productivity to make their mood and results a whole lot better.
The number one way you can do this is through involvement. It can be direct or indirect involvement. Direct involvement is when you use leadership teamwork to produce a better mood and result. Indirect involvement is when you see someone who has obviously done the work and with a good word or action taken by you they are empowered to rise to a higher level. You may want to tell them you did so or just do it because you think they are deserving.
Take a moment and think about who did this for you and who you've done this for. We all are in this together.


Invest
As a business person and athlete (recreational or professional), there comes a time when without investing dollars to increase your intelligence and experiences you will be stuck in a fixed mindset instead of a growth mindset. Yes, you're right your work (effort) and time is what makes you unique, however, you need to apply others expertise to your good dreams, goals, and callings to take your mood and results to a higher level. The best way to do this is by investing. You may buy a book, attend a webinar, listen to a cd, attend a speaking program or seminar, take a class, be mentored, or take coaching. There are options for everyone. Be practical and invest in the things that are right for your business. Your mood and results will be a whole lot better. Isn't that really the bottom line?

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