The Personal MBATM

DIY Business Education: Mastering Business Without B-School



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Steve Pavlina on Investing

Steve Pavlina wrote a very insightful post about resourcefulness today. This passage particularly struck me:

In today’s uncertain economy, people are trying to figure out where to hold their resources/wealth. Should you invest in oil, gold, foreign currency, etc.

Honestly, the best place to invest is yourself. Turn your external assets into internal knowledge and skills. If you want to invest in some external entity, consider investing in one that helps people invest in themselves. When external resources get scarce, it’s time to pump more energy into the internal side, such as by investing in education and training for yourself and others. That will produce far more benefit than owning shiny metal.

Now is the perfect time invest in your knowledge and skills. Start today by picking up a great book. (Or 69 great books.)

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One Comment, Comment or Ping

  1. Wonderfully insightful.

    This is the philosophy I firmly believe in. Everyone I know who applies this principle are consistanly in high demand and can take their pick of the projects they undertake.

    For my part, I constantly invest in myself and have done so for as long as I can remember.

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