Some Good Advice.
What’s? The most important investment you can make.
One of the most common questions i am asked. Is what should invest my money in? Should it be real estate, Stocks, Money market accounts, Cd’s etc…? But no one ever say the most important one.
YOURSELF! The most important investment you will ever make in life is self improvement. Whether it be a gym membership to improve your physical condition and health, new self help audio tape, a new marketing course to improve finances, speed reading course to help you be more productive.
Listen to me when I say this take a minimum of 10% of your pay each month and make an investment in yourself. I don’t care what is as long as it is put towards self improvement. Trust me when I say this you will get it back ten-fold. This is something I do without fail each month. And a great way for me to do this is through increasing my knowledge of Internet marketing by purchasing other markets products and studying there courses. Granted most of them will be knowledge I already know or maybe even useless, but the ones that are worth something will be a far greater benefit to me than those that have not.
Let me give you two examples of this so you can see what i mean.
Let’s say I want to how a certain marketing idea or website works. I purchase 3 eBooks and spend 5 hours reading them. Two of them were absolutely useless and just garbage. But the third gave me a new way to market an idea or product that I had been thinking about getting involved in. Yes I could probably search the Internet and do a bunch of research and come up with a similar idea myself, but how long would this have taken me. One thing you need to realize about the Internet is it gives you a very high return rate on your money. As long as you put the knowledge you learned to use. So to finish this example
Say I spent $65 on each e book for a total of $195 and 3 hours of my time reading them.
And let’s say my time is worth $100 an hour $195 + 3/hrs ($300) =$495
Compared to:
Lets say I had tried to research the knowledge on my own and it took 15 hrs
15/hrs at $100 an hour for my time = $1500
$1500-$495 =$1105
If time is money and to me it definitely is
That small purchase of the three e books made me $1105 not to mention all the time I saved to get to work on the useful information I discovered in the one. This is just one way to look at.
One other quick example is you invest now for your future later and what i mean by that is. All the money on invest in myself now. Let’s just use Internet marketing as an example. All the tools and knowledge I have gathered over the past year through eBooks, marketing courses, seminars etc… I have done quite well on the Internet and in a few years I could put together my own course and help thousands of other people make an easy on-line comfortable living.
And therefore getting back way more than my financial investment,
- I would be helping people realize their dreams.
- I would continue to make a very good living doing something i enjoy.
The other investment I would highly recommend is giving a certain % of your salary to the charity of your choice. Pick a level that your comfortable with and stick to it.
What goes around comes around
Now this is not the reason we do it, but it is nice benefit.
The old saying it takes money to make money Well the Internet makes that saying not so true, but you would be wise to invest in saving time, which then allows to make more money in the long run. As always my goal here is to let you know when i come across a great product or tools to help your on-line business grow, So you don’t have to waste your hard earn money on the ones that don’t.
Please remember to check back often and bookmark the site so you can find out about all the great marketing tools that have helped me build a financially independent on-line business. Good luck and remember just how easy it is to make money online with the right knowledge and tools.
Remember work SMART not Hard!
