ROI is a common calculation in sales, and is usually calculated by dividing the investment by the return.
Normally our ROI tells us how well a sale or promotion went for us. The higher the ROI means we made more per sale in relation to our costs for that product launch.
The ROI for tasks that we are about to talk about is a number (1–4) assigned to each item on our to-do list or brain dump. It is the value we will get out of a task (our return) based on the amount of effort (our investment) we put into getting the task complete.
7
84 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about problemsolving with this collection
How to make rational decisions
The role of biases in decision-making
The impact of social norms on decision-making
Related collections
Similar ideas to The ROI Equation
Procrastination boils down to how motivated we are to complete a task. The motivation to complete a certain task consists of four elements: Expectancy, Value, Impulsiveness and Delay.
"Memory is not just the imprint of the past time upon us; it is the keeper of what is meaningful for our deepest hopes and fears. As such, memory is another evidence that we have a flexible and creative relation to time, the guiding principle being not the clock but the qualitative significance o...
Most stores use the ‘SALE’ marketing gimmick (both online and offline) so that we can splurge our money now, instead of waiting.
The system is gamed for us to spend our money wherever we go. We need to stop wondering where our money went and start telling it where to go.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates