Invest in yourself
Weekly Shot #9
It’s Monday, and it means that it’s the weekly shot day ! Today it will be about a main idea more than something I saw in a book. I also saw it in some videos and I thought it was something very interesting to share with you !
As usually, you can still go check the previous weekly shot on my profile.
Introduction
Today I will talk about a main idea : invest in yourself. Obviously, I will explain it more to give you an idea about what I’m talking, but I will mainly tell you why and how you should and can invest in yourself. By invest, I’m not talking only about money, but for the one who think about that, yeah, you can earn money.
What’s an investment ?
In life you can invest in many things. The most know is invest in stock market, buy some actions from companies and hope that they growth. That’s the whole to handle all of that. You can also invest into real estate, buy some houses, collect a rent and after few year you have the houses, you can sell them etc.. Here too, it’s a real job to handle that.
In general an investment is when you give something in the purpose to get something bigger in return. It could be compared to some bets but it’s not. Here you have better way to predict if you can really get something bigger in return, and also, the return is not instant. You usually have to wait for months or years before getting that return.
Actually there is something else you can invest, and I think you probably already guessed it, that’s people.
Money ?
In most case, when you invest, you invest money. For example these years with the crowdfunding, you can give money to some startups/companies and they will give you some things in return. When you invest into stocks or real estate it’s also about money. The goal is to get more money than you invested at the begenning. It’s a bit like a magic trick. The goal is that for every dollar you can invest, getting 2 dollars back.
As I said just before, you can also invest into people, and actually I think that’s the type of investment that are the most used in the world. Why ? Because most of us are actually in investment for someone. Giving a job to someone is an investment. You hire him to do some work that will bring you money, and you will pay him for that work. The goal is that you get more money than you invest in the person you hired. So every one with a job is an investment for his company.
What about me ?
Now you can think that all of that is cool, but it’s not really related to you. If you don’t want to invest in stocks or real estate or don’t have a company, why you should invest in something ? The answer is that’s because it’s easy. Remember the simple formula I gave you :
1 dollar gets you 2 dollars
Obviously it’s not completly like this, but you should just get the main idea of this.
Ok I should invest because it’s easy, but I don’t have money to invest into stocks or real estate.
That’s true and most people are too afraid to do it. So there is only people left to invest in. But you probably don’t need to hire someone as you probably already have a job, and I’m not sure that hire someone to do your job instead of you for less money is suitable and legal.
The last option (and the main point of this post) is yourself, you can invest in yourself. Actually, you already doing it but you maybe don’t know it.
How I invest in myself ?
It hink you already all know that time is money, it’s one of the rule of our world. When you go to your job you spend time in your job so your company pays you to go do your job and do some tasks. In exchange of your time you have money. You invest your own time to get money. As I said you know you will get money after your work so you have to wait the end of the month to get your money that's why you invest your time in your job.
So now you know that you can invest your time to do some work to get some money. The question is how you can get more money with the same time and/or the same job ?
The goal here is to have more money with less action so you have to make your actions more valuable to get more money. Actually that is two way to get more money with less time. The simple basic way is to have a job. Another way a bit more complicated is to be a freelancer or an entrepreneur. In this way you can earn more money with less time spent in something, but that's not easy. All of that require the same thing, that’s skills.
Get some skills
Before investing money you should invest in your skills. Having better skills will allows you to spend less time on doing some task and get more money by doing less things. For a job if you have better skills you can ask for a better pay. That’s the same as a freelancer. If you focus first on the skills you will be able to save some time and get more money. Then you will be able to invest this money into something else to get more money.
Your skills are the most valuable thing that you can't invest on. You have to invest your time to improve them in order to save some time after that. Also I talked a lot about money but it's also about personal improvement. You will not just invest your time to get money but you will invest your time to have better skills and be a better person with more knowledges.
Conclusion
I think that the most valuable thing to do is to invest in yourself. Now with internet you have access to a lot of knowledge everywhere, on your phone, on on your computer… You just have to take the time to get the right skills you need to improve yourself and improve your incomes. Investing in yourself is almost free, you can access a lot of resources for free to improve it, but as I said on one of my previous post, I advise you to get some paid content to get a better quality content and to go faster in your learning process.
Don't forget that :
Education is the most powerful weapon which you can use to change the world.[Nelson Mandela]
That's all for today.
