Definition: A profitability measure that evaluates the performance of a business by dividing net profit by net worth
There are a number of different ways to measure, calculate, and estimate financial return…but what about the other aspects of life?
What kind of ROI are you getting out of the rest of your life? Often we don’t even track it. We trace our money, but we’re not tracking our most VALUABLE asset…our time.
Think about it. How are you spending majority of your time? Is it on the things that are generating your highest return? I’m willing to bet probably not.
In a previous blog, I wrote about the Pareto Principle (80/20 rule) – this is ESPECIALLY true in relation to time management and our personal ROI. If whatever task takes up a majority of our time isn’t producing our greatest ROI – stop and refocus.
Time is finite. Once it’s gone it’s gone. Use it wisely. Find the best source of your personal ROI, and focus on that. Where do you grow the most? What will advance you most effectively? What’s your biggest ROI?