Tag Archives: Education

5 Keys for Maximizing the ROI on Your Professional Development

If you’re like me, you love to learn. I am always looking for ways to be more of the  best version of me and ways to improve the operation of my business.

The risk that you run with that kind of passion is that you’re consumed with learning, but weak on implementing and it’s implementing that allows you to monetize your investment and create a strong ROI.

Here are 5 things to keep in mind as you strive to improve yourself and your business:

1. Set aside time to integrate what you learned immediately.
When you attend a conference or a class, schedule some ‘down time’ the next day so you can review your notes and plan what you’ll do with your new knowledge.

2. Avoid taking too many classes in close proximity to each other.
It’s likely to take you weeks or months to fully integrate your new strategies into your routine.  Strive to allow sufficient time to assimilate your new knowledge and turn it into improved strategies and actions before piling on more knowledge.

3.  Practice and share your new ‘stuff’ immediately.
Many times people feel tentative when they start implementing something new. That tentativeness is played out by not sharing what you’ve learned with your community.

The longer you wait, the less likely you’ll be to ever implement. So give yourself permission to be a newbie. Try new things. Offer a small group of clients special ‘early adopter’ pricing for your new approach.

4. Make connections.
If you’re attending a live event (virtual or face-to-face), strive to connect with other people who serve your market but offer something to it that you don’t. These are great prospects for building referral relationships or strategic alliances. They will speak the same language as you (having just completed the same learning you did) and hopefully, will be equally motivated to monetize their investment.

5. Get support.
Making changes in your routine is often a challenge especially when you’re trying something new. As you make investment decisions, lean towards programs that offer some ‘post-learning’ coaching or Q&A support. As you implement, you’ll probably come up with questions that you didn’t have as you were learning the material. Follow up support can be invaluable and help you implement more efficiently.

Ongoing training and development is a necessary investment in your future success. You must tackle it wisely however in order to maximize your return. These tips will help you do just that!

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