Increasing Your ROI

All requests are not equal; all customers or clients are not equal; all to-do-list tasks are not equal; all work responsibilities are not equal. You can do fifty things today and get little, if any, return on your investment for having done them. Or you can do one or two things which have a large return.

You possess personal capital. It is comprised of your time, effort, knowledge and skills. Investing that capital wisely yields a return on your investment. The higher your return on investment (your ROI), the more profit you earn. Profit in this context yields discretionary endeavors. And discretionary endeavors tap into the most powerful thing you can do to create career results - initiative.

There are hundreds of books filled with an equal number of approaches to managing your tasks and time. Use whatever works for you. But as you do, keep your ROI in mind. Every day you invest your capital. Sometimes you invest it wisely, sometimes foolishly, sometime neutrally. The better investments you make, over time, the better your returns will be, over time. Think long-term ROI.

Here are three of my personal ROI strategies:

1. Prioritize people over tasks. Family or staff or a boss asking for something, regardless of what, should go to the top. Requests from your key people list should be met immediately, if possible, with a sense of urgency. These are the people that pay you the biggest dividends (love, support and economic well being) so do the requests from this group first and you will build equity for the long-term. When you hit life's potholes, that equity will help carry you through.

2. Work smart and fast. If you're slow on the computer, increase your skills. If you pace yourself or spread your work out through the day, don't. If you don't have time to train someone to help you, make the time. The more you can leverage yourself and the more work that you produce, the more valuable an asset you become. Invest in yourself.

3. Choose making progress over being busy. Spend a day answering emails, reading mail, completing miscellaneous and unimportant tasks, and at the end of the day you're no further along on your important work than when you started. Sure, those recurring tasks need to be done, too. But choose first to make progress, then do the recurring tasks, not the other way around or you'll find there's no time left for the big stuff that offers a better return on your investment.

Want to be winning at working? Invest your personal capital wisely and you'll find your ROI compounding year after year and your career stock rising.

(c) 2005 Nan S. Russell. All rights reserved.

Sign up to receive Nan's free biweekly eColumn at http://www.winningatworking.com. Nan Russell has spent over twenty years in management, most recently with QVC as a Vice President. She has held leadership positions in Human Resource Development, Communication, Marketing and line Management. Nan has a B.A. from Stanford University and M.A. from the University of Michigan. Currently working on her first book, Winning at Working: 10 Lessons Shared, Nan is a writer, columnist, small business owner, and on-line instructor.

Visit http://www.nanrussell.com or contact Nan at [email protected].

In The News:

Watch  Quartz
Plan and Prioritize to Earn Back Time  Dairy Herd Management
Make Better Choices by Changing Your Behavior  Editor And Publisher Magazine

Use Your Time Wisely!

When I was small, I have never considered the importance... Read More

Let Someone Else Do It

When you decide to become self-employed, you automatically become the... Read More

How to Define a Successful Time Management Strategy

One of the most challenging aspect in life is time... Read More

Time Mastery vs. Time Management - Knowing the Difference

How much time do you spend on Mastering Your Time?... Read More

How to Make More Time For Your Life

Do you wish you could work less and play more?... Read More

Discover Your Procrastination Personality

Determine Your Procrastination PersonalityBrook Noel is the author of The... Read More

Painful Cost of Working Yourself to Death

We all know the harmful effects of overwork. People get... Read More

Time Management: 11 Tips

Work more efficiently and be more productive using these time-management... Read More

Having Time on Your Side

Clarity brings accomplishmentOne of the most important things you can... Read More

What is ?Life Balance? and How Can You Attain It?

We all face decisions that involve doing things that affect... Read More

Measure Your Time Against Active Inactivity

We don't realize many things we do until we draw... Read More

Time Management For Home Business Owners

As each day passes, and more and more things need... Read More

Time Management - The Ultimate Oxymoron

Get a grip. Is it possible to manage time? Can... Read More

5 Days to A Simpler Life!

Of all the Attraction Principles, the most popular class I... Read More

5 Time Savers You (Probably) Havent Tried Yet

1. Do tasks less frequentlyClean house every 10 days rather... Read More

Boost Your Productivity with 10 Minutes at the End of Your Day

Once you have completed your day you can boost your... Read More

31 Ways to Get An Extra Hour Out of Each Day

How can you get an extra hour out of each... Read More

7 Tips for Being Your Best Time Master

It is not enough if you are busy. The question... Read More

Setting Time Aside For Studying And Homework

When trying to achieve a quality education, everybody knows that... Read More

10 Ways to Take Back Your Time

I've divided my tips into two sections - 5 ways... Read More

The Key to High Productivity is Energy Management

One of the issues most often raised by my clients... Read More

Do You Have The Time?

Show me, O Lord, my life's end and the number... Read More

Tips to Manage Incoming E-mail

Friends, colleagues, and clients are all telling me that one... Read More

Todays Overload: Tommorrow

Whatever providence has in store for us tomorrow is not... Read More

Time Management: How To Manage Your Time So Your Home Business Will Flourish

If you operate any kind of home business, you must... Read More