8 Inexpensive “Micro-Investments” That Save Us Time and Improve Our Business

A while ago, I shared a few of the expensive things that I think are worth investing in for businesses.I think, as a general rule, businesses under-invest in growth. And I get it: when you’re a startup, money is tight, and scrappiness is a virtue.But it’s important to balance that with not being penny‑wise and pound‑foolish.If you haven’t read that post, check it out here.Today, I want to talk about the other end of the spectrum: “micro‑investments”⁠—products or services that cost $50/month or less⁠—that have made an outsized impact on our business.First, a caveat: I don’t believe that any single micro‑investment will actually produce meaningful revenue for you. The best revenue-driving tools typically have a price tag to match their quality, because they know the value of their offering.But that’s not to say that you can’t find disproportionate value from smaller investments.For us, those typically take on one of two forms: time savers and culture builders.

Source: 8 Inexpensive “Micro-Investments” That Save Us Time and Improve Our Business


About Bob Warfield

Here's my bio: http://www.smoothspan.com/management.html
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s