Further Education - Investing in Yourself
The value of investing.
There are several ways of investing these days. Once upon a time it was only stocks, then as history went on, the share market, banks and now cryptocurrency (WTF is Dogecoin anyway?). Never the less, it’s was an opportunity to put your money into an asset, hoping to get a profit from it. The profits will vary based on many factors, but to put it simply, it mostly relies on the value of the asset.
If more people value it HIGH, it gets more trading = more value, your asset increases (profit)
On the contrary, if the value of the asset decreases, you can lose money.
Less commonly thought of, is people investing in THEMSELVES.
Now let’s quickly look at the value of something. Something’s value can increase, or decrease depending on 2 factors; 1. The demand of it, if people want a lot of it, they will pay money to get it. & 2. The supply, if it’s rare, people will pay more for it.
e.g. if there is not a lot of diamonds and supply is hard to come by, people pay big $$$ for it (HIGH VALUE). The opposite though, a piece of gum is easy to come by and demand isn’t that high for it at all (LOW VALUE).
How does investing and the value of something tie into the conversation of further education? Well first, you need think of yourself as an ASSET, because YOU ARE! Whether you work for a big corporation or you work for yourself, you hold value to your position. Now the amount of value depends, are you un-fireable, or can you be easily replaced? Or are you useful enough to make the business/company money or are you costing them money?
That’s where investing in yourself and further education comes in. If you want to make money, you have got to spend money. University for example, you start with the minimum knowledge to go into the world and work, most base level jobs have low wages and little benefits. You go to University, become a doctor, pay $50,000 in HECS fee’s and suddenly you have a plethora of knowledge that is highly sort after (demand) and rare (supply, because let’s face it, not everybody can do it). Additionally, if you do a weekend course to get your ticket to drive a forklift at work, your job can give you a raise. Let’s apply this now to further education.
Further education is education after your main form of education of high school but not considered undergraduate or degree level. There are plenty of ways you can invest in yourself and your knowledge, books, podcasts and videos are really popular right now and they offer a ton of invaluable knowledge. Others include short courses, webinars, seminars and conventions where professionals and people who have done it before share their research, knowledge and information on how you can apply it in your own setting.
So what I decided to do is increase my value and invest in myself by signing up to a mentorship. That means I’m paying someone for their advice, mentoring and knowledge to increase the value of myself and my business. By investing in myself and my business, I hope to get my money back in value and then use the information I learn to gain leads, serve clients and run a successful business.
The mentorship I’m talking about is the Swift Movement Academy with Zenia. During this mentorship I’m
Would I be able to it by myself without the mentorship, maybe, but I heard a really good analogy recently that summed up self-education perfectly. So as I leave you with this quote, think about the value of your biggest asset, yourself, and ways you can invest in yourself. Never stop learning.
“Spending money on your brain is like driving through a tunnel with tolls. It may cost a little more, but you get there a lot quicker” – Isaac John (@iice_)
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