A daily email about monetizing and visualizing your corporate expertise. Give me ~1 minute a day, and I'll help you turn what you know into your most differentiated and lucrative asset.
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So, your efficiency netted you a time dividend. And now youāre wondering: Do I pocket my time āwinningsā in the form of ETO (earned time off)... ā¦or invest the time back into my business? If I invest the time back into my business, what should I focus on? For reinvestment, there are three typical buckets - C-P-A:
Without a game plan, you might dabble across all three depending on whatās in your orbit. E.g. āI have some spare capacity at the end of the month, Iāll see if I can sell it.ā But itās important to be intentional about where you focus and what youāre after. A one-off additional revenue bump might feel great in the moment, but are there better returns for that precious time? One lens to help gauge is asking yourself: how urgently do I need additional revenue?
Dedicating time to accelerants such as new thought leadership, a proprietary methodology, or installing automation into your existing processes might seem like a chore⦠But they can spark creativity and innovation in your business that build long-term strategic advantage:
Accelerants like these have a compounded return over a prolonged return horizon, often making them a more optimal use of your time than a one-off revenue bump. So, to recap:
š” -Wes P.S. Want to kick around ideas about unique accelerants for your business? |
A daily email about monetizing and visualizing your corporate expertise. Give me ~1 minute a day, and I'll help you turn what you know into your most differentiated and lucrative asset.