Do you want to know what will give you the best return on your investment? Some time ago, I was asked to participate in a youtube live video with a friend of mine Matt is an extremely smart business owner and financial coach. In the past, he traveled all over the United States teaching people some unique strategies to reduce debt and increase cash flow. The trip, however, burned him out. He moved his education away from the stage and onto the largest educational platform on the Internet, Youtube. Her channel has taken off and she just hit 100,000 subscribers and they keep coming. People like him because he is extremely intelligent, direct and honest.
during this youtube live video, Matt led a small team, including me, to answer viewers’ questions as they came in. One of the questions we get is an extremely difficult question to answer, but very, very important. “I have money. What should I invest in?”
I say this is a difficult question to answer because the real answer is; “It depends.” It depends, they are factors like; your risk tolerance, your time, the investment amount, the people involved, your knowledge of the vehicle, your horizon and much more. Matt turned to me and I did my best to respond. I said my advice would be to invest in something you are good at. You can make a lot of money on a lot of different vehicles, so work with something you understand and enjoy. I know someone who is making a killing in crypto but there is no chance he would invest in it. Matt took the microphone next and blew my response out of the water. (I wish I had gone first). He said that you need to invest in yourself and in business. Building a business will generate more income than a passive investment, but the key here is to invest in yourself. The reality is that no investment pays a higher return than investing in you.
I owe much of my success to the home study courses I absorbed, as well as the real estate and business coaches I hired. I committed to two action items early on that made a difference for me in my career.
- I spend a minimum of $1,000 a year on home study courses. This was a lot of money for me and it was only one course a year!
- I wouldn’t buy another book or course until I implemented at least one thing I learned from the last book or course I took.
After I started making money, I started investing more in myself, which included mentoring and coaching. I even recently worked with a business coach to help me with Pine Financial. The knowledge I gained from dedicating myself has paid me millions of dollars and continues to pay me today.
Although Pine Financial does not offer advice or make money directly from education, we do offer a lot of education. With the exception of one event a year, everything we do is free and we don’t stop. Our belief is that if we can help you succeed, we will succeed too. The best way to get free information from us is on our new YouTube channel, so be sure to check it out and subscribe. Maybe one day we’ll get 100K subscribers too!
