My Highest Return On Investment Ever…
Summary
- I've invested a lot of money in education, including mentors, workshops, seminars, and private tutoring.
- Even if I had put that money into the S&P 500 during its best times, it wouldn't compare to what I've earned from those investments in myself.
- Nothing beats the return on investment I've gotten from boosting my ability to earn.
- The key takeaway is to prioritize investing in your own skills and knowledge to maximize earning potential.
Video
How To Take Action
I would suggest starting small and smart. Pick one skill that can help you make more money. It could be learning how to sell better or getting better at online marketing. Find a low-cost course or a book on that skill. You don't have to spend a lot of money.
Next, practice what you learn right away. For instance, if you read a chapter on making sales calls, try to make a few calls using the new tips you learned. This will help you get better, fast.
Find someone who's good at what you want to learn. Ask them if you can help them with anything in exchange for their advice or mentorship. This is usually free and can be very valuable.
Put some time every day to work on your new skill. It could be 30 minutes or 1 hour, just make it consistent. Like, if you're learning about online marketing, spend that time trying out new things for your business every day.
Always think, "How can this help me earn more?" Use your new skills to create or improve a product or service. This could lead to more sales and more money in your pocket.
Remember, the money and time you put into learning are not just for now; they're an investment in your future. Keep learning, keep growing, and you'll see that return on investment.
Quotes by Alex Hormozi
"if you take all of the cash that I spent on mentors, workshops, seminars, private tutoring, everything, and I had instead of spending that on education, put it into the S&P 500, even during the best times ever, the amount of money that I'd be left with today would be inconsequential compared to what I have now"
– Alex Hormozi
"there's nothing that I've ever invested money on that's got to me a higher Roi than increasing my ability to earn"
– Alex Hormozi
Full Transcript
if you take all of the cash that I spent on mentors workshops seminars private tutoring everything and I had instead of spending that on education put it into the S&P 500 even during the best times ever the amount of money that I'd be left with today would be inconsequential compared to what I have now and so there's nothing that I've ever invested money on that's got to me a higher Roi than increasing my ability to earn