Good Investment or a Waste of Money; a Loser?
How do you see yourself?
I once heard Brian Tracy talk about the re-investment of profits into yourself, I'll paraphrase and take some liberties here:
"If I asked you to invest $10,000 in a company I saw as a great investment, gave you the prospectus and you did your homework on it discovered it would lose money, you'd pass on it. You'd in effect be saying this is a bad investment, this company is a loser. Simultaneously, if someone that has achieved what you want to achieve or had some level of success you are seeking and they share “this is the book I read that changed my life, this is the seminar I attended that made it all possible, etc.” and you pass on it; you're effectively saying I see no future in me, that I would be a waste of money investing in myself. I see myself as a loser of an investment. And sadly, you’d not be alone, 80% of the population doesn't invest in themselves; they do not see the value nor the return on investment potential." ~ Brian Tracy
Yet if I asked you, “Do you have any untapped-potential left in you?” I’m willing to bet you’d say YES!
It’s not an expense, it's an investment.
Do you read?
Do you listen to Podcasts or Digital Books?
Do you attend Seminars, Webinars or Classes?
Do you get Professional Coaching?
Do you belong to a Mastermind group or seek out Mentors?
Do you re-invest profits in yourself?
Why is investing in yourself is critical?
"You become on the outside, what you believe
about yourself on the inside." Brian Tracy
Are you an empty field or a bountiful harvest?
Growing = Happiness!
If that rings true for you, continue reading. When I ask you, how much of your income do you re-invest in your own education, personal growth or professional development and you say "none", I can only assume you see it as a waste of money, or you fear you'll never get a return on the investment; you're saying "I'm done growing or maybe, it's a loser of an investment." If you do not feel that way about yourself then what stops, you? It's like declaring, "I have no future, I'm going no further, I've learned all I can learn in life, so investing in myself is a waste of money." Speaking auto-biographically, it’s a turn off to an ambitious person.
"To spend money on yourself, you must value yourself, because it is an investment, not an expense. You are the greatest asset in your business. Make the greatest assets stronger by re-investing the thousands of dollars needed to earn the millions of dollars return." ~Brian Buffini
Why not act on it and see how it affects you, your life, your business? When you read the right books, or take the courses, or hire a coach, or attend the trainings, or earn the new designation, etc.? They are better investments than a new set of golf clubs, a new Michael Kors purse or even your daily Starbucks. But the trick is to eat the meat and throw away the bones. Then act on what you learned. As on of my mentors Joe Niego says, “Education without action is only entertainment. Go do!”
If you own and operate a business, which all real estate agents do-whether they act like owners or not; Do You Re-Invest In Yourself, or do you see that as a waste of money, i.e. no possible return on the investment? Is this an investment into a sure loser? I hope not! You can change your life, your business, your outlook, by changing how you see yourself; change the lens on your world view and your untapped-potential in the world!
As Jim Rohn used to say, "You are not a tree, you’re not rooted down nor stuck in your current circumstances; you can change."
You can get Healthier
You can get Smarter
You can get Wealthier
You can change! But this only comes from taking decisive action in your daily habits, your primary focus and your education and knowledge.
Re-investing in yourself means you value yourself enough to spend time, money and energy on improving yourself.
Improving your health, such as: hire a trainer, join a gym, seek out healthier meal plans and habits.
Improving your emotional and academic intelligence, such as: reading books, getting more astute in your industry expertise, taking classes, attending Webinars, seminars or hiring a business or life coach. Maybe you need therapy or simply a good mentor in your life?
Improving your wealth such as: simply reading the right financial book, taking a class, consulting with a Financial Planner, hiring a bookkeeper or CPA to delegate duties to and free up your time.
Thinking in terms of The Law of The Harvest; Investing in yourself is the planting of the seeds that must be done to have a harvest. You’ll have no harvest if you do not plant and care for your seeds. And you have to plant more than you think you’ll need, because not every seed takes root, some do but are lost to the frost or pests.
Jim Rohn used to say, “Be a student, not a follower of the information. Don’t just drink the Kool Aid, question the knowledge. Do your own research, draw your own conclusions.” Don’t just accept it, challenge it, expand on it. Challenge this blog in fact. The point is acting on what you learn, and it will open your mind and your life to the possibilities now visible, you once had blinders on to.
Are you a bad investment? If you believe you have untapped-potential left in you, and you’re ready to do something about it; I like your chances!
I highly recommend these books I’ve recently read or re-read:
Extreme Ownership: How Navy Seals Lead & Win by Jocko Willink and Leif Babin
Ninja Selling: Subtle Skills, Big Results by Larry Kendall
Goals!: How to Get Everything You Want Faster… By Brian Tracy
For a weekly dose of great personal growth and business wisdom, I strongly recommend the current shows and archives on The Brian Buffini Show