We all want to know the best possible investment today!
Of course, any wise person would answer “It depends”. Yes, the best possible investment today would depend on your current financial situation, your short and long term goals, how active or passive you want to be and the amount of risk you’d like to take.
But today, I’m going to share a big secret and will tell you about an unbelievable investment that you can make today. There’s a lot of talk about the rough economy. Government will be raising taxes, and inflation looks unavoidable at some point. Any clues on the incredible investment yet?
Banks are giving between 0.25% and 5% ROI Annually [Return On Investment] Stocks have been at the same level 5 times in the last 12 years. Real Estate investments have been hit hard …
Here is the secret: The best investment you can make is in yourself or your business. Let’s talk business. If you think you have marketing “expenses”, you’re doing the wrong marketing. Most of my clients get between 200 and 1000% return on their investment.
Let’s just say someone pays us $1,200 for a comprehensive business analysis, plan and tracking system. “Holy #$&@” you might say … “I don’t have that kind of money!” Or maybe you do, it doesn’t matter. What matters is how we think about money. When that client makes an extra $500 in sales each month, what is their return on investment over a year period? Yes, you guessed correctly – 500% ROI. If that was a stock, would you buy it?
If you know an entrepreneur or small business owner that would like help with “getting paid to do their marketing”, please share this blog with them. I promise they will thank you.
The key is to be smart in investing. You wouldn’t take your whole life savings and buy one stock. So, have a marketing budget that’s a percentage of your gross sales (many businesses use between 4 and 10%). This will ensure your continued success. For help with how to best use your marketing budget – whether it’s web design, online marketing, a revised or new marketing plan, keyword research or search engine optimization – call us today! 530-426-8404 or e-mail Jim@SummitBusinessMarketing.com
Summit Business Marketing
Business Coaching Services . Web Design . SEO . Marketing Consultation
I love living in the Truckee/Tahoe mountains, enjoying wonderful friends and outdoor adventures while helping small businesses create breakthrough growth with analysis, keyword research & analysis, Search Engine Optimization [SEO] specialist support , website design and great marketing & business coaching services