#099: Are You Investing Your Best Resources in the Wrong People? [Podcast]

As a leader, are you investing your best resources in the wrong people? It is easy to see other people making this mistake. It is more difficult to catch yourself doing it.

I’ve been guilty plenty of times. Leaders often make this same mistake in various areas of their lives, but what can you do if you are in this situation?

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Make sure you are investing your best resources—including your time and energy—in your best people. Here’s how:

  1. Acknowledge that your resources are limited.
  2. Become aware of where your resources are going.
  3. End unproductive or unhealthy relationships.
  4. Identify the people you should be investing in.
  5. Schedule time on your calendar to serve these people.

Yes, Jesus spent time with broken people. He healed the sick. He comforted the broken-hearted. He ministered to the outcasts.

But he spent the bulk of his resources on just twelve people. He proactively invested in them, knowing that his mission was, humanly speaking, dependent on their success.

As a leader, you should do the same. It benefits you, your team, and your mission.

Listener Questions

  1. Carole Anderson asked, “I know it takes a while to build a platform. Are you ever too old to start?”
  2. Derek Ouellette asked, “How soon after I launch my platform should I launch my membership site?”
  3. Kinsey Roberts asked, “Is the Platform Conference just for online business owners or would it be appropriate for corporate marketing executives?”

Special Announcements

  1. I am just ONE episode away from episode #100—which is for me a massive milestone. I want to make that a special episode. Among other things, I am going to give away autographed copies of my book to anyone who leaves a question for me and I use it in he episode. Again, you can go to http://michaelhyatt.com/question to leave a message.
  2. I also want to tease you a bit with what I have planned for the next 100 shows. I am changing the format up completely. I believe this is going to take the show to an entirely new level. In fact, I have brought in someone to help with the show who is very special to me—someone I really admire and respect. I’ll tell you a little more next week, but I just want you to know it’s coming.
  3. If you have a question, comment, thought or concern, please leave me a voicemail:

    This is a terrific way to cross-promote your blog or website, because, if I use your question on the show, I will link to it.

Tip of the Week

I get some of my best ideas when I am away from my computer, for example driving in my car or out running. The problem is that I haven’t had a good mechanism for capturing them.

Until now.

Last week I discovered a really cool way to capture an audio note on my iPhone and then automatically save it to Evernote. It’s a small iPhone app called SoundEver.

You click on the app and it immediately begins recording your voice. When you are done, you click on a big read Stop button. Then, the program automatically saves the audio file to Evernote. You can even specify the default notebook and tags.

SoundEver is super-simple to use. I have found myself capturing all kinds of notes that I would have missed previously. It’s only $1.99, so check it out.

Note: Marek Polak recommended a similar application to me, that I am using now. It has a much nicer interface than SoundEver. It is called Say&Go. It’s the same price: $1.99.

Episode Resources

In this episode I mentioned several resources, including:

Show Transcript

You can download a complete, word-for-word transcript of this episode here, courtesy of Ginger Schell, a professional transcriptionist, who handles all my transcription needs.

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Question: Where do you need to shift your focus and allocate your resources differently? You can leave a comment by clicking here.

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