Do you wish you knew of an investment that REALLY pays off? You know that you get a pittance when you stash your money in savings accounts or CDs. Mutual funds can be quite a gamble, but at least things are looking up these days. And forget about pork futures… There’s a much better way to invest your money.
I bet you have questions…
Is this mystery investment guaranteed? Is there a predictable rate of return? No, it’s not guaranteed, and rates of return can vary widely, from zero to gaining back a multiple of your investment in short order.
But here’s the good news — you have a great deal of control over which it will be — whether you lose your investment or whether you’ll multiply your investment in short order.
So what is this mystery investment? It’s YOU. That’s right. The investment that’s most likely to pay off is the investment in yourself.
Of course not any old investment will do. We’ve all invested money into courses and educational materials hoping they would pay for themselves in short order. And sometimes they did, but often they did not.
Obviously, they won’t return your investment if you just collect them and arrange them prettily on your bookshelf, where they sit for years to come, never to be opened and put to use. They won’t pay you back if you let them gather cyberdust on your hard drive either.
So the good news is also the bad news. Yes you do have a great deal of control over how much your investment will pay you back, but there’s a major condition: You’ll have to put in the work.
When you do and your investment was a good fit for you, you might be amazed at what can happen.
So what should you invest in? As mentioned above, you could invest in courses, seminars, and even books. Make sure they offer what you need.
If you invest in a course on online pay-per-click advertising, for example, but you don’t have the budget to actually implement what you’ve learned, you’ll have wasted your money.
If you invest in a course that teaches you how to conduct webinars or how to give terrific speeches, but you’re too shy to get up in front of an audience, you’ve wasted your money.
And if you invest in a coach who has no idea what it’s like to be in your shoes, you’re likely to waste your money too.
But if you pick a course that teaches you the next step you need to take, or the missing link that’s been holding you back, and you put the information into practice, your chances of making your money back many times over are excellent.
Similarly, if you invest in a coach who knows what you’re dealing with and has successfully navigated similar challenges and helped others do the same, you’ll make your investment back with dividends too. Of course, that’s provided you’ll do the work.
Do you notice a common thread here, or rather two?
One: you should invest in something that is a good fit for your current needs and helps you move to the next level.
Two: You need to do the work.
As long as you follow these two guidelines, your investment in yourself could well be one of the best investments you’ve ever made.
And if you are ready to make such an investment in yourself that can pay of big, and you’re willing to do the work, why not start with investing an hour of your time in a no-cost business strategy session where you can learn more about how your business can benefit from one of the most powerful client-getting strategies there is — getting referrals.