What is Your ROTI?

What is Your ROTI? (video)

Return on investment (ROI) is used in business frequently to evaluate the profitability of a decision.  Will the return be worth the investment?  This is something that can be used in our personal lives as well.  For example, what will our ROI be on a purchase we make?

Another aspect to consider is our ROTI–return on time investment.  (I do not think this is a real business term.  But it is a good concept!)

Is what we are doing giving us a good return?  We all have the same minutes in each day.  Are we spending our time wisely?  Are we making the most of our time?  Are we spending our time in such a way that we will meet our professional and personal goals?

We are all busy.  This is something that can help us prioritize how to spend our time.  If we ask, “What return will I get on the time I invest doing this?” it may help us make better decisions.



Pay Now Or Pay Later

Pay Now Or Pay Later (Video)

Everything in life has a price.  It may be a price in money, time, or other intangibles.  Once we spend money on one item, we do not have that money to spend on another item.  Once we spend time on one activity, we do not have that time to spend on any other activities.

If we buy on credit, not only do we pay the initial price, but we also pay interest.  What “interest” are we paying when we put off doing the things that will gain us the success we want in our personal and professional lives?

For example, if you are putting off going back to school, what is it costing you, year after year, in lost income and potential opportunities?  You will still pay the same in money (or more) and the same in time, but the longer you wait the less time you will have to reap the rewards.

What will you pay in the future by not looking for that new job now?  What will it cost you to continue to delay it?  What will it cost you to continue to sit in front of the TV instead of spending time with your family?

We will always pay for what we get.  We can pay later, and gain less.  Or we can pay now, and have longer to gain from it, thus gaining more.


We Always Have Choices

We Always Have Choices (Video)

In any situation, we have choices–emphasis on the plural.  It bothers me when someone says that she did something because she did not have a choice.  Wrong!  At a minimum, there are always two choices.  Do something or do nothing.

There are always choices.  There might only be one good choice out of a dozen bad choices, but there are still choices.  Even deciding to do something rather than nothing is a choice.  Deciding not to decide is still making a choice.

When we tell ourselves that we did something because we did not have a choice, it is a negative.  It is giving away our power.  When we take ownership of the choice we made, it is a positive.  It reaffirms that we have power over our lives.  If we pick the one good choice out of a dozen bad choices, we need to take credit for that.

Can you see all the choices possible in your situation?