I found a formula for any kind of home business.
Everybody knows what ROI means: Return On Investment. In the past few days, I was thinking of a new way to express the need to focus on building a home business. I was thinking of time and money management. Then came the idea of managing resources, including people, websites, tools. The ROI-MART formula came to life today:- R = Return
- O = On
- I = Investment
- M = Money
- A = Associates
- R = Resources
- T = Time
Let's continue with acronyms. Brian Tracy recommends planning the activities of the day. He says it's best to do it the night before. So, we can have 6PsTNB.
In order to choose the activities that will be meet the ROI-MART formula, it's better to define 10 objectives that you want to reach. Write down a list of all the things you want to accomplish, then choose the 10 you want to reach first.
While writing the list of all your objectives, don't stop thinking about them. Make this a brainstorming exercise. Let your creative juices flow. Forget about what could be ridiculous. You can reject them later, while choosing the 10 most important ones.
We are not talking only about business objectives. Include every aspect of your life:
- Family
- Social
- Financial
- Health
- Spiritual
- Material
- Healthy food.
- Regular exercise, minimum 3 times a week.
- The right amount of sleep, between 7 and 8 hours for most people.
- Patience.
- Clarity of thinking.
- Common sense.
- Focus.
- Long term focus.
- Short term focus.
If any part of this article makes you feel overwhelmed, it might simply be caused by cognitive distortions. These are thoughts that amplify emotions and make them difficult if not impossible to manage. Cognitive distorsions defy common sense. Learn how to deal with that with the best book on the subject, David Burns' "Feeling Good".
If what you want is a life coach but can't afford one, check out Devlyn Steele's Tools To Life site. Tools To Life is free. Read the first blog post I wrote about it here.
When you feel ready to go beyond taking ordinary control of your life, I believe one of the best books around is "Awaken The Giant Within" by Anthony Robbins.
Mastering the ROI-MART formula will take time. All you have to remember is that you probably won't get rich in the next 30 days, whatever home business you choose to build, especially if you just started. Instead, use ROI-MART to think long term. Let's say it takes you three years to become financially independant. If you are 70 years old, it means you could have 10, 20 or even more years to live the life you want to live. Now imagine if you are in your forties. It's worth it to take the time to do things properly.
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