The Investor Mentality: A Mindset Shift for Productivity & Success
Time has, is, and will always be a crucial component to consider to achieve productivity and success. In these extremely hectic days, 24 hours a day is becoming insufficient to get all the day to day activities completed whilst having to focus on your business activities, meeting family needs, maintaining social activities, and everything else that makes you human.
During a conversation with a business partner, on how we can achieve all our business goals as fast as possible, in other words what we call “hyper growth”, we came to realize that it is indeed possible. All we need is to have an “Investor Mentality”.
You don’t have to be a Financial Investor but only have the basic mentality of an investor. That is, to consider your Return on Investment (ROI) before investing into anything. It can be financial, time, efforts and even your thinking that you are investing.
Look around the people you associate with, and observe how many of them waste their time and money on things that don’t bring any value to their lives. How do you expect them to achieve anything at all? Are you on the same boat too? If yes, it’s time to incorporate the “Investor Mentality”.
It’s simple, all you need to do is consider the return of investment before you do whatever you do. If you analyze that you have a return then you can consider it an investment. If there is no return then it’s considered as an expense. Then make it an objective to keep expenses as minimum as possible and investments as much as possible in whatever you do.
Let’s go through a few examples:
- You are playing a sport for 2 hours a week. You are spending your time, effort, and money (for membership etc.), and in return you increase fitness and health, improve team working skills, etc. – Thus this is an investment of time, money and physical effort.
- You are watching a movie that doesn’t provide any learning or thought provoking content – You have just made an expense of time and money.
- You are watching an educational video on YouTube, Instagram or LinkedIn etc., which in return increases your knowledge – This is an investment of your time.
- You are browsing through binge watching random content on Instagram. – This is an expenditure of your time.
- Finally, let’s say you are doing a painting by investing money in the equipment and time to do the painting. In return you are stimulating your brain and it helps reduce stress. – This can be considered an investment for your mental well being.
You get the picture. Now attempt this ROI analysis before you do any activity, and you will never put your time, money, effort or even your thinking in the wrong place.
Make this a practice to master the Investor Mentality.