Investing in yourself creates more wealthy and wise.
Kishore Ramkrishna Shintre
Hiring talent for IT Sector: Java Spring Boot Microservices Developer, Pega CDH Decisioning Architect, Adobe Campaign Manager
Have you read Robert Kiyosaki's famous book " Rich Dad, Poor Dad? I completely changed my own funds investments strategy as soon as I read this awesome book. What's the biggest secret of ultimate wealth? The biggest secret of ultimate wealth is investment in yourself.
Right from the traditional barter system to the today's Bitcoin, man has created the most powerful ways to be the wealthiest. The universe created man and man created money and how do we create that wealth? The secret of being wealthy is to be a creator. Entrepreneurs are the biggest creators of wealth in this physical world. But why an entrepreneur?
Wealth is created with the help of wealth creating assets.Because entrepreneurship gives the freedom to create the biggest wealth creating asset, i.e.Yourself. How could you become a wealth creating asset? You can become a wealth creating asset by investing in yourself and also it gives you the opportunity to become 100% investor.
According to the four quadrants by Robert Kiyosaki,investors are the wealthiest in this world. The world valuation for creation is money, in which you as an entrepreneur can convert it into wealth. Let me introduce you to the wealth creating asset you and a new dimension of looking inwardly at your own self.
When you think about what is an Asset? Does the world need you/ your services/products created by you and its ready to pay for it? The world will consider you as an asset when you are a resource with an economic value with the expectation that it will provide a benefit. Focus on creating growth wealth creating assets with positive cash flow.
You as an entrepreneur can become a valuable asset only when you invest in yourself to be a better version of yourself by working on your core competencies which will keep on generating positive cash flow for the venture and if your entrepreneurial venture is a 'service' oriented like counselling or coaching, in that case you need to increase your public speaking skills and leadership abilities to in order to provide more economic value to this world of wealth.
But, does the asset actually appreciate in value or are you good at it ? The next secret of being an asset is they are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. The asset should appreciate in value with time. You as an asset should check your progress on a Kaizen basis. (Kaizen means a Japanese concept of continuous improvement).
But remember that complacency is fatal and it is a feeling of calm satisfaction with your own abilities or situation that prevents you from trying harder. Never be complacent as an entrepreneur. We need to aim for achieving excellence and always follow Kaizen program of continuous improvement in your own self and your working system.
As an example when you can invest in new skills and spend your time in areas you need to work on based on the current and future growth it is your own investment in self improvement. And do you love what you do which means are you really passionate about your profession. An asset always generates good cash flow, reduce expenses, or improve sales in the future and you as an asset will create good debt and be low on bad debt.
When you really invest in yourself as an asset, your market value is increased at the end of investment, yourself turn into a wealth creating asset or a good debt. When you don't invest in yourself, no asset is created and you become an expense generating liability. In other words, all expenses on yourself is bad debt.
The one who loves what he does and does what he loves can keep doing that will be the healthiest and wealthiest. The healthy and happy person contributes more and is always the most valuable asset. Whatever amount you spend in learning new skills and become an asset is going to be converted into cash flow in future. Money as a resource comes to whose who value themselves the most and invest in themselves.
Remember that you are the biggest resource and power. The best investment is investment in self. You are the most precious asset.Value yourself the most and you will give the highest return. Invest in yourself and become the wealthiest. Stay blessed! #kishoreshintre
Teaches Investing
4 年Love this
Venture working towards generating livelihood for women through its E-commerce platform
4 年Self investment=best investment!
--
4 年I read rich Dad poor Dad about 15 years ago. It changed the way I looked at investing.