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Power Of Believing
Power Of Believing
We have all been told or have heard at some point in our lives
that if you truly believe something and have faith that it will
happen then it really will happen. There are those who are
living examples of this concept, and...
Stress Management--Getting the Better of the Daily Grind
There are many kinds of daily grinds . In the U.S. Corporate world today, to be busy working 12-16 hours a day is a sign of importance and ambition. The more time you spend at your job, the more you are envied—the harder you work, the higher you...
Ten Things About Your Career Development
Career Development . Who tells us about this when we start in our first job or make decisions about college? No one. So do we end up in the perfect job or are we a square peg in a round hole, forever sub-clinically depressed? It's pot-luck...want...
What is Failure Anyway?
Does it surprise you that only 400 cokes were sold the first year; Albert Einstein's Ph.D. dissertation was rejected; Henry Ford had two bankruptcies before his famous success; or Ulysses S. Grant was working as a handyman, written off as a failure,...
Who Should Earn an Online Associate Degree?
An online associate degree is a two-year general studies degree that is obtained entirely over the Internet. This type of degree is perfect for those individuals who wish to begin their college career or who wish to finish their two year degree...
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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.
About the Author
Sign up to receive Nan's free eColumn, Winning at Working, at http://www.winningatworking.com. Nan Russell has spent over twenty years in management, most recently with QVC as a Vice President. Currently working on her first book, Nan is a writer, columnist, small business owner, and instructor.
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