Read this before you make your next big Business decision
estimated read time: 3m 0s Recently I began reading a book by a famous entrepreneur and motivational speaker Patrick Bet-David, titled Your Next Five moves . And in one of the chapters, he spoke about embracing math and using what he called the Investment Time Return formula or ITR (for short) and I would like to tell you more about this simple and easy formula. Let’s dive in! What is the Investment Time Return (ITR)? Is it formula that takes three important factors when making important business financial decisions, providing you the opportunity to carefully analyze and think several moves ahead. The best part, it doesn’t require any high-level math knowledge. The three elements as you can probably guess are: Investment, time, and return. Investment looks at how much it will cost you or save you, Time looks how much time it will take you and save you, and lastly Return provides you the opportunity to calculate the return on the money and time involved in the deci...