THE ABSOLUTE BEST INVESTMENT – INVESTING IN YOURSELF! MONEY BACK GUARANTEE!
Disclaimer: Good Day, Readers. WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.
THE ABSOLUTE BEST INVESTMENT – MONEY-BACK GUARANTEE
STOP THE DANG NOTS AND INVEST IN YOURSELF!
Do you know people who are constantly talking about their NOTS?
- NOT be broke (Spend Less Than You Earn!).
- NOT get fired [AGAIN]
- NOT get evicted {AGAIN}
- NOT paying late fees {MONTH AFTER MONTH}
- NOT add even more credit card debt {SURE}
- NOT DATE or worse marry ANOTHER loser {SERIOUSLY- that’s your high mark – NOT A LOSER?}
I can introduce you to some “NOT” WORLDCLASS people. Come on; I know you have some in your family.
The absolute BEST INVESTMENTS I MADE were not the appreciating assets routinely discussed in my blog, {Stocks; ETFs; Real estate, Bonds; Cryptocurrencies; REITs, etc.}
The best investment I made was to strengthen my skills and competencies.
FORGET THE DAMN NOTS AND INVEST IN YOURSELF!
Two very different people I respect as role models are Muhammad Ali and Elon Musk. Neither man EVER settled for NOT.
MUHAMMAD ALI- THREE-TIME WORLD HEAVYWEIGHT CHAMPION!
Muhammad Ali’s goal was to become THE Heavyweight Champion of THE ENTIRE WORLD! Ali recognized champions do get knocked down. He never set an objective NOT to get knocked down. Instead, he said CHAMPIONS GET UP! Muhammad Ali overcame every obstacle put in front of him by working and improving himself. Even the mighty U.S. Federal Government did not defeat this Champion!
ELON MUSK – LEADING THE WORLD TO CLEAN, SUSTAINABLE ENERGY AND MARS IN HIS SPARE TIME!
I doubt Mr. Musk ever uttered a” Not” objective. He is the wealthiest human being on this planet and soon to include Mars and runs four major companies:
- Tesla/Solar-Power’
- Space-X;
- The Boring Company and
- Neurolink
- By my calculation, he still has three hours to spare, so more is anticipated!
Elon Musk lacks the time for “NOT’S”!
Both Muhammad Ali, Elon Musk, and every person you admire invested tens of thousands of hours of hard work to achieve their goals. They invested in themselves.
Give up the NOT goals and develop your DESIRED ACCOMPLISHMENTS GOALS. Push yourself to achieve more than you currently believe possible and begin to work and believe. Never settle for NOT!
Investing in SELF is the only investment that gives you a guaranteed return. Find your weakness and take actions to improve- NOW!
MY BEST INVESTMENTS LED TO MY FINANCIAL FREEDOM!
UNIVERSITY EDUCATION: I decided to go to college because I love learning and wanted to work in an office environment. I ultimately wanted to be on a first-name basis with my CEO!
COMMUNICATIONS: Name a very successful person that lacks good communication skills. Elon Musk is brilliant (YUGEEE BRAIN), but to build Tesla, Space X, The Boring Company and marry three women, he had to communicate with investors and people! Build both your verbal and written communication skills. I enrolled in Dale Carnegie and Toast Masters. I practiced in front of my wife, the mirror, while driving, etc., and I delivered hundreds of presentations and critically reviewed each one looking for ways to improve.
CONTINUOUS EDUCATION: To climb the corporate ladder, I realized I must continuously invest in my education. I graduated with four university degrees including two graduate degrees. Two earned while working a full-time job. Achieved three professional certifications and attended as well as taught dozens of professional development workshops.
LEADERSHIP SKILLS: The best leaders get other people to carry out their strategies. Jeff Bezos did NOT build Amazon alone. Bezos hired many good people, one of which he recently named to replace him as CEO. There are NO born leaders. Leaders are developed, mentored, coached, and human, meaning they fail often. If you want to lead people, you must invest the time to build and improve your leadership skills. I found several great leadership mentors during my professional career, and I still rely on their excellent and calm advice! Pick mentors you want to emulate!
PROFESSIONAL NETWORK: One of the greatest gifts I’ve received is learning from a close group of mentors. These are not only subject matter experts further down the path than me, but those whose advice and wisdom I can trust because of their unquestionable character and interest in my success! Associate with people better than you and you will float upward {“Float Like a Butterfly Sting Like a Bee. Rumble young man, RUMBLE!” Muhammad Al}.
If you hang around losers (you know which friends and family members I am talking about), soon you join their club!
The above investments and more were my catalysts to achieving Financial Freedom
CONCLUSION
If you truly desire to achieve financial freedom as EARLY AS POSSIBLE, do an honest assessment of the best strategies to increase your potential and earnings and TAKE ACTION! RIGHT NOW! The future success stories learn from the best! If you are a brain surgeon, electrician, home builder, etc., find the best in your fields and LEARN!
Most high-return investments are HIGH RISK. The better the projected return, the faster you will most likely lose all your HARD-EARNED MONEY! Been there, done that, and it HURTS!
Investing in yourself WILL produce a lifetime of returns. Nobody can STEAL your knowledge and skills you amass over time. Even the greedy government cannot tax your potential. Now the government will tax your much greater earnings from that improved talent. A free lesson- I prefer to pay more in taxes BECAUSE my earnings are rapidly growing!
YOUR HOMEWORK
Write down as precisely as possible where you want to be in five to ten years. {Examples: I want to own an internet bakery that generates over $120,000 annual profit. I intend to be a Vice President of Procurement in a Fortune 100 company, with a total compensation package of over $500,000.00.} Using the same level of scrutiny/thought you apply when trying to prove your spouse/partner wrong (I know you, that is some severe assessment), honestly assess your strengths and weaknesses. What skills, talents, networking, financial obstacles, etc., are preventing you?
The hard work – Pick your top weaknesses and create a SMART action plan {Specific; Measurable; Achievable; Relevant and Time Bound}. I want target dates, people!
ONE FINAL THOUGHT
By changing your daily habits, you can control your sense of well-being, purpose, and happiness. When you are caught in a circle of negative emotions like doubt, fear, and uncertainty, replace those emotions by consciously and intentionally choosing optimism, joy, faith, and hope. Trust me; you will be better! Use tools that work for you, like meditation, prayer, journaling, and mindfulness, to aid you in the process. Check-in with your partner or close friends and family after four weeks and ask if they have noticed a difference. I will wager one Dogecoin they will!
JUST ONE MORE THING – STOP MAKING SO MANY EXCUSES! JUST DO IT! BE LIKE MIKE!
Today’s blog is dedicated to the memory of Wendell Williams. A good friend, role model, best boss ever, and absolute great Dad! I miss you, my friend!
LET’S MAKE SOME MONEY – CRYPTOCURRENCY IS ACCEPTED!
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ABOUT ME
I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger with an N.C. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.
I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in my family and professional life. It is my time to serve and give back.
DISCLAIMER
I started my first business at ~13 years of age (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, real estate and am happy to share my finance and investment lessons. I am NOT a licensed financial advisor. Please do not construe my suggestions on this blog as recommendations for your situation.As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss.
Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.
I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.
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