Want to know what will give you the best return on investment? Some time ago I was asked to participate in YouTube Live video with a close friend of mine. Matt is an extremely sensible business owner and financial coach. In the past, he will travel throughout the United States, teaching people some unique strategies for reducing debt and increasing cash flow. However, the trip burned him. He moved his education from the stage to the largest educational platform on the Internet, YouTube. His channel took off and has just reached 100,000 subscribers and they are still coming. People like him because he is extremely smart, direct and honest.
During this YouTube Live video, Matt leads a small team, including me, to answer questions from viewers when they entered. One of the questions we received is an extremely challenging question that we have to answer, but it is so important. “I have money. What can I invest in?”
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I say this is a difficult question to answer because the real answer is; “It depends.” Depends are factors like; your risk tolerance, your time, the amount of investment, the people involved, your knowledge of the vehicle, your horizon and much more. Matt turned to me and I did my best to answer. I said my advice would be to invest in something you are good at. You can make a lot of money in many different vehicles, so work with something you understand and enjoy. I know someone who commits murder in crypto, but I have no chance to invest in it. Then Matt picked up the microphone and blew my answer out of the water. (I wish he had gone first). He said you need to invest in yourself and in the business. Starting 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 brings a higher return than investing in you.
I owe a huge amount of my success to the home training courses I took, as well as to the real estate and business coaches I hired. In the beginning, I engaged in two action movies that made a difference in my career.
- I spent a minimum of $ 1,000 a year on homeschooling courses. For me it was a lot of money and it was only one course a year!
- I wouldn’t buy another book or course until I applied at least one thing I learned from the last book or course I took.
Once I started making money, I started investing more in myself, which included mentors and coaches. I even recently worked with a business coach to help me with Pine Financial. The knowledge I gained by devoting myself to myself has paid me millions of dollars and continues to pay me today.
Although Pine Financial does not coach and does not make money directly from education, we offer a lot of education. With the exception of one event a year, everything we do is free and we don’t stay. Our thought is that if we can help you succeed, we will be successful. The best way to get free information from us is through our new YouTube channel, so be sure to check it out and subscribe. Maybe one day we will get 100,000 subscribers!