This is a YouTube video titled "What is Your Return-on-Investment (ROI)? | Entrepreneur" created in July 2016. The content features a single speaker explaining the concept of ROI, discussing how to evaluate investments of time and money in business and personal life, and encouraging viewer engagement. The video is educational and motivational in nature, focusing on practical advice for entrepreneurs.
Our ROI on that project was amazing.
That ROI was so good. I have I also get the last project the other week I got I had like 20 ROIs. A lot of.
So what is ROI? Anyway, I am so excited to be back this week talking about where we spend our time and our money. In our last video we talked about spending our time and money on things that are important to us. Today we're going to talk about return on investment or roi. When you invest your precious time and money into something, consider if you is this going to be worth it? Will you get the return on how to implement from that $500 course? Bam. You just made $5,000 on a $500 investment. Solid ROI. Now of course there might be other things that went into that investment of you marketing and selling your course. You might have invested in a team. You might have invested in webinar software in addition to that course on webinars that you bought. So think of all of those other expenses when you're your overall return on your investment. And again, the math for this and what you might want to think about is going to be just below this video. And it's not always so cut and dry. Some things give you that return on your time. For example, me hiring a babysitter so I can go to the spa and get a massage may not have an immediate or an obvious ROI in terms of getting money back, but that is definitely an investment in my personal well being, the amount of energy I have to invest in into growing my business. And you can bet my family will be a whole lot happier. So I cannot wait to see in the comments. What are you thinking about when it comes to roi? Do you even think about the ROI or do you have a fresh perspective on this? I'd love to hear from you and I'd love to know what you're going to consider when you're making future investments in your business and your life. Thank you so much for watching this video. Don't forget to like and subscribe. And if you're watching on YouTube, head on over to niceops.com subscribe so you can hop on the Nice list. I'll see you in the next video.
