The Importance of ROI and ROTI in Business Success

This chapter highlights the significance of return on investment (ROI) and introduces return on time invested (ROTI) as key metrics for business improvement. The speaker encourages actionable planning and adaptability based on practical feedback to enhance success.

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Episode notes

246. I just bought a horse! You heard that right! NOT house...HORSE! :)

I was recently talking with my sister-in-law Janelle, and I was asking her about her horse business. We got talking and I could smell an opportunity for her and me! Now here we are a few weeks later and I'm the proud owner (co-owner) of a beautiful baby barrel racehorse named Fergi!

More importantly in this episode, I take you inside of my brain and what I was looking for during this call. How I was quickly able to spot the opportunities that were available. I also help you better understand ROI (Return on Investment) and how understanding this has made me a lot of money and helped me to better spot opportunities and structure deals and I teach you how you can do the same!

This isn't something I talk about a lot in too much detail but want to talk about it more in future episodes. Please reach out to me and let me know if you grasped the concept and let me know of anything I can clear up in the future! As always you can reach me at justin@millionaireuniversity.com

Enjoy the episode! and please share it with a friend!

(Original Air Date - 7/10/23)