How would you like to get a 1000% return on your investment? Any investment?
If this sounds too good to be true, I understand why you’re skeptical. After all, over time the stock market has averaged an annual 10% rate of return…some years more, some less.
Is your brain spinning? Trying to think about what that investment could possibly be?
I was equally skeptical, but now I’m a believer.
That magical investment is…planning.
Here’s the deal: according to author and motivational speaker Brian Tracy, “Every minute you spend in planning saves 10 minutes in execution; this gives you a 1,000 percent return on energy!”
All I had to do to find the truth in this statement was to look back at the times when I plunged into pursuing a goal without taking the time to develop a clear plan. There were plenty of near-misses and some outright failures along the way that cost me both time and money.
Time and money that could have been saved if I’d taken the time to plan…to carefully consider how best to reach that goal.
Once you’ve made that critical investment in planning, you can only reap the reward if you EXECUTE your plan. The combination of great planning and consistent execution of the plan is what it takes to meet your goals.
Our client Steve is a great example. Steve’s goal was to quit his day job and join his wife in business. That meant being able to generate enough new revenue for the business to replace his salary AND benefits…a total of about $60,000.
Steve calculated that he needed to bring in 2 new clients every week by July 4th to meet that revenue goal. He looked at his numbers to see which strategies for bringing in clients were most effective and set about using those strategies to begin driving toward the goal…every single day.
Steve focused his attention on bringing in new clients, knowing that was the path to success. He was persistent and consistent. No distractions, no excuses.
And sure enough….Steve was able to quit that day job right on schedule. And the business he shares with his wife is thriving.
Without a clear plan and consistent execution, Steve might still be working that day job and dreaming of quitting.
What about you? Have you developed a clear plan for those goals you set at the beginning of the year? If so, good for you. How are you doing with implementation?
And if not…make the investment in planning now and then get busy executing that plan
Your 1000% return is waiting for you.
Go forth and do great things.