ROI Exercise

ROI Exercise

Take more money home with the ROI exercise!

Here is a quick recap of it:

What I want you to do is have a look at your past 12 months bank and credit card statements - the ones you worked on in step 1.

I want you to go through them with a highlighter in your hand and ask yourself, line by line, for every single expense, is this delivering me a positive ROI, a positive return on my investment? Is this expense either generating me more money or more time which I can then use to generate me more money?

I want you to ask yourself that of every single expense line in your business over the last 12 months.

I want you to ask yourself that of every single expense line in your business over the last 12 months.

Please don't skip and only do three months because you may have some annual recurring stuff or some stuff that you've forgotten about.

Please, please do 12 months, and ask yourself is this expense delivering me a positive return in terms of my time and/or in terms of my money?

And there will now be some things that you have highlighted and circled - and that is ok. Now have a look through and see what has not been either highlighted or circled...these are your money leaks - these are things that you are spending on that are not necessary and not delivering you a return - so why are you spending on those things? They need to go.

I would love to know how you are getting on with these steps - please do pop me a message and let me know.

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