I work with a lot of successful people and as my success has grown I’ve encountered more and more successful people and there seems to be one common theme among successful people. They invest in themselves. They believe in themselves and they make themselves better. I have to thank my friend Matthew Newburger of Newburger Rankel, for telling me and making me appreciate that most company’s most valuable asset is engaged employees. Not all employees, but engaged employees. Matthew got that and for entrepreneurs, the most valuable assets is usually an engaged business owner, an engaged entrepreneur that’s looking for opportunities, that’s growing, that’s building the business, but how do you get engages? How do you know where to focus your attention? How do you know where to build your business?
I think the answer comes with training and development. We’ve talked in other blogs about building a team, and we’ve talked about how we can do more as a group than we can individually. The question becomes, how do you become more powerful as an individual? How do you become capable of doing the things you need to do? It’s usually by making investments in yourself. Training of all sorts, whether it’s a broad based training that helps you understand business or very specialized training in areas where you may have a need for development. These learnings can pay long-term dividends because as you become more and more educated and more and more capable, your value increases and you can reap those dividends for many, many years.
It’s cliché to say that the best investment you can make is an investment in yourself. But truly, if you’re developing skills, if you’re developing knowledge, if you’re developing expertise, you’re creating something to be used again and again and again for many years and can pay super long-term dividends. On a cumulative basis if you bring all this knowledge and all this expertise together you’ll be able to do something that other people can’t do and that’s creating economic value that other people can’t touch.
What are your thoughts on investing in yourself? What’s been your philosophy on making investments and becoming better? Join us in the comments below.
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This posting is intended to be a tool to familiarize readers with some of the issues discussed herein. This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Each case is unique. Past results do not guarantee future outcomes. This article should not be treated as legal advice to any person or entity. Freeimages.com/photographer Vera Bernard.
About the Author
R. Shawn McBride is the Chief Innovation Officer at McBride For Business, LLC. His signature keynote, The 3 Laws of Empowerment, gives audiences an entertaining look at how they can prepare, plan and protect themselves. You can email R. Shawn McBride or (214) 418-0258.