Investing in Excellence: From Shoes to Bed and Beyond
Achieving process efficiencies while reducing expenses is great. But when it comes to some things, it pays to invest in quality. Not everything of course. You’ll break the bank! But here are a couple of everyday examples: your shoes and your bed.
Your Shoes: Your Feet Deserve the Best
Think about it—you spend many of your waking hours on your feet. So, investing in comfortable, supportive shoes is a smart move. They not only protect your feet from pain and strain but also contribute to your overall posture and well-being. Plus, a well-crafted pair of shoes can last longer than several cheaper ones, saving you money (and pain!) in the long run.
Your Bed: Where Rest Meets Rejuvenation
We spend about a third of our lives in bed. Your sleep quality affects your productivity, mood, and health. Opt for a quality mattress and pillows that suit your sleeping preferences. Your body will thank you every morning as you wake up refreshed and ready to tackle the day.
Spending Where it Counts in Business
This same principle—spend your money where it counts the most— is relevant in the business world, too.
Hire the Best: Your A-Team Matters
In business, your team is your most valuable asset. Invest in hiring and retaining top talent in key positions. Seek individuals with the right skills, expertise, and cultural fit. While the search may involve a higher upfront cost, and their salary may involve an extra digit, having an exceptional team pays off with increased productivity, innovative ideas, and a positive company culture.
The Right Tools for the Job
Equip your team with high-quality tools and technology—where it matters. Whether it's software, equipment, or resources, investing in top-notch solutions can streamline processes, improve efficiency, and save time and money in the long term. You don’t need to go nuts chasing all the latest gear and gadgets, but keep an eye on what’s coming out and how your team could use it.
High-Quality Customer Experience is Key
Invest in providing exceptional customer experiences. Look at your customer’s journey with your business. What can you do to make those experiences exceptional? It might be investing in quality training for your customer service team, a platform that’s easier for your customers to use, or using surveys to get some data on how your customers are feeling.
The principle of investing in quality applies to so many situations in the business world. Don't shy away from larger investments that yield long-term benefits. Like the comfort of good shoes and the rejuvenation of a quality bed, these strategic investments will lead your business to sustainable, long-term success and growth.
About The Author
Emily Sander is an ICF-certified leadership coach with more than 15 years of experience in the business world and the author of Hacking Executive Leadership. She’s been featured in several print publications, online articles, and podcasts, including CEO Today Magazine, Leading to Fulfillment, and Leadership Powered by Common Sense.
Emily has a passion for helping business leaders reach their full potential. Go here to read her story from seasoned executive to knowledgeable coach. If you want to send Emily a quick message, then visit her contact page here.