How the Rich Get Richer

[00:27] Today’s Topic: How the Rich Get Richer

[00:37] The way Neil makes more money is that he “invests in what he knows”.

[00:53] He invests in his business and its marketing.

[01:08] If you invest in yourself, you’ll get the highest ROI.

[01:15] Neil has lost the most money investing in things he didn’t really understand.

[01:48] Warren Buffett says the best investment you can make is in yourself.

[01:55] There are two ways to invest in yourself: knowledge and your business.

[02:15] When you invest in yourself, no one can take that away from you.

[02:59] Once you build a business, you’re able to see your goals more clearly and see that you should invest in yourself.

[03:50] Neil was doing a wire transfer the other day and the banker tried to pitch him on investments.

[04:20] The perfect response to this kind of pitch is to tell them you don’t believe in investing.

[05:08] Eric and Neil regret investing in long-shot, but great-sounding opportunities.

[06:04] That’s all for today!

[06:07] Go to Singlegrain.com/Giveway for a special marketing tool giveaway!

How the Rich Get Richer | Ep. #570