At the end of each day, you should play back the tapes of your performance.
Your results should either applaud you or prod you.
JIM ROHN
How often should you evaluate your results?
Well, that depends. It depends on how often you want to achieve superior
results. If you want to consistently achieve the best results, then you
must consistently evaluate and measure your performance. Why? Because
too much time elapsed between measurements often translates into lost
opportunities and inferior results. The longer you wait the greater your risk.
There are three key questions you should ask yourself at the end of each
day, or at least once a week, to improve your performance and results.
[key questions visual]
Think about the investors on Wall Street. They must make effective
evaluations and keep score every moment of every day. They are disciplined
in asking themselves, “How’s my investment doing today? Should I
buy, hold or sell to improve results? What actions should I take to close the gap
between my actual and potential results?”
[results gap visual]
These daily questions help them to keep score, make mid-course
corrections and take the right actions to close the results gap. Consider
modeling this behavior to improve your performance and results. After
all, you are human capital. You are the ultimate asset in business. Are you
measuring the performance of your portfolio (stocks, bonds and 401k) more
frequently than your personal performance?
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