Entrepreneurship

Why it’s So Important to Invest in Yourself

You may often find yourself looking to make money and might be thinking about investing your cash in something in order to turn a profit. The trouble is that sometimes many people find it hard to find a starting place. It can be difficult to make good returns without the help of an expert in the area you’re looking to invest in. You have to make sure you do your homework if you’re planning on putting your money into an investment. The most successful investors invest in themselves first and find themselves rewarded with great investment returns.

Where to Start

Finding a place to start is easier than you think: you just pick it. Let’s say you’re interested in becoming a successful investor; you may want to look into reading a book about investing like “The Intelligent Investor”  by Benjamin Graham. Even better, you may try to take a course like this course here.

You don’t have to be an expert in everything. Trying to research everything and become an all-knowing expert may be daunting. Instead, consider joining a group of people who are interested in similar things. You could even join a group of people interested in completely opposite things to offset attributes you may not carry. The most important step is to at least start somewhere.

Hear it from them

Many of the world’s richest individuals and most successful entrepreneurs will tell you to invest in yourself. Warren Buffet, one of the world greatest investors, said in a Forbes interview, “ultimately, there’s one investment that supersedes all others: invest in yourself, nobody can take away what you’ve got in yourself, and everybody has potential they haven’t used yet.” In fact, one investment Buffet made when he was a young adult was a Dale Carnegie public speaking course that changed his life.

Buffet isn’t the only one telling you to invest in yourself. Mark Cuban, owner of the Dallas Mavericks and co-host of Shark Tank suggests it, too. He even goes so far as to say “recessions are the best time to start a company. Companies fail. Others hold back capital. If you are willing to do the preparation and work, it is the best time to invest in yourself and start a business.” You can do anything you put your mind to as long as you are willing to put in the time and money – and some of that money should be used to improve yourself.

Bottom Line

If you want to be successful in anything, you have to know what you are doing and you have to be great at it. In order to excel, you should be investing your time and money into yourself. Always educate yourself and keep learning. America’s top CEOs read at least a book a week. If billionaires like Mark Cuban and Warren Buffet suggest investing in yourself, it may be the right idea. So, start a course, go to a seminar, or read a book. If you’re not ready or don’t have a lot of time on your hands, you can try Audible and listen to books while you work or drive.

Try Audible and Get Two Free Audiobooks

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