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

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About Bob Warfield

Here's my bio: http://www.smoothspan.com/management.html
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