Good Monday morning everyone. That’s a great quote from Warren Buffet isn’t it? Another great quote is “You are your greatest asset. Put your time, effort and money into training, grooming, and encouraging your greatest asset.” Most of you know that is my favorite Tom Hopkins quote. The better the things you put into yourself the greater your returns are going to be. At least, that’s how I look at it.
It’s typical to think of investment as just stocks, bonds and mutual funds. But that’s not the only ways to invest. I like to think of investment as something you can do for yourself right now that will lead you to a much better life in the future.
Return on Investment or ROI
Any time I pitch an idea or a product to Graphite Payments CEO Sherry Lia the first thing she looks for is the ROI. She’ll want to know how long before we see a return on her investment of time, money or any resources we put out. It’s got to be worth it to invest in it. So with this new way of thinking about investment, you should be asking if you are investing enough in yourself. Is there something you could be doing right now to get a good return on your investment in the future?
Well, there are a lot of things you could be doing right now. But I’d say that most of them aren’t really that great of investments. After all, you could invest some of your time to watching TV, but it isn’t likely to do much for you after it’s all over.
Below there are five things you can do to make your life better now for your future.
1.Take time to Learn more
I could list off the statistics of how much more money a college graduate earns or the billions of dollars the US spends on education every year. But really this is something you’ve probably already heard before.
What really needs more attention is the idea of self-learning. Many people seem to think that all learning starts and stop at the school’s door. But there is a lot of value you can find through learning in your own free time outside the school system.
Becoming a smarter person can be valuable. It can make you look at the world in new ways and see opportunities for yourself that you might not otherwise see. Knowing just a little more than usual can give you the advantage you need to get to where you want to be.
sales and prospecting books, documentaries, lectures, intelligent conversation, the news.
2. Find more free time and leverage it
I sometimes think that free time has a bad reputation. Many people seem to think that too much free time means you’re somehow less valuable or important. I can’t stress enough how much I disagree with that point of view.
Free time is where life happens. It’s the space between commitments and work where the most valuable memories are created. It’s free time that allows you to go on trips, have lunch with a friend or read a good book.
Creating more free time means you get to experience those things much more. More free time allows you to pursue your passions or explore the world. When you’re too busy with commitments and work, you’re missing out of all of those things.
Investment ideas: Prioritize your tasks, say no to some requests, avoid social media, turn off the TV. Make time to read, role play watch training videos etc.
3. Achieve those goals
Everyone has goals they want to achieve before they die. Perhaps you even have a bucket list full of things you want to do. So putting some time and effort into getting those things done would really pay off.
It doesn’t matter if those goals are to become a better salesperson or learn a new language. You’ll feel better when you put the time and energy towards completing those things. The big payoff to all that effort will be when you can look back on your life and realize you put positive steps in making those things happen.
Investment ideas: start a bucket list, make time for goals, bottom line, have a way of tracking and achieving what you want.
4. Become healthier person
Health can benefit your life in many ways. A healthy life can mean a longer life you can put towards pursuing your goals or passions. You’ll have a much wider range of things you can do with your life too. Being physically fit, you can participate in activities like marathon running or mountain climbing.
Eating right and getting enough exercise can give you more energy to do everything you want to do. It can also give you more mental prowess. It’s really an investment area with the most potential to improve all the other areas of your life.
Investment ideas: go to the gym, eat healthier, go running, cut out fast food
5. Save more money
Saving money is still an important way to invest. After all, you can’t really do much with your life if you are bogged down by debt and bills. Finding the right balance to paying your bills and saving a surplus of cash is important.
You really can’t do much without money. That’s why it is important to invest in the time to prospect and follow up and close deals to allow you to save a portion of money without having to borrow. Sometimes that means being more careful with how you spend your money and avoiding purchases that won’t really be worthwhile for the growth of yourself and your processing business.
Investment ideas: pay down debt, cut monthly expenses, have a budget.
Making time for Good Investments
Spending just a little amount of time on each of these investments can mean big gains for you in the future. They are the areas that offer the biggest payoffs. You are your greatest asset. why not make it your best investment..
For more information about joining Payment Lynx and growing your portfolio or to discuss working with seasonal merchants please feel free to contact me at DMatney@PaymentLynx.com or 833-729-5969 ext.2 to discuss partnering with Payment Lynx
Happy Selling,
David
“You are your greatest asset. Put your time, effort and money into training, grooming, and encouraging your greatest asset”
Tom Hopkins
