How to invest in yourself?

Question

“Invest in yourself” has always been something I’ve heard over and over and just went in one ear and out the other. Mostly because, what does that even mean? I listen to the pods, I read the books, I try my best to make it to events. What left is there to do?

After listening to Steve Rozenburg on BP and diving deeper into his content, it really opened my eyes to the fact that I have no idea how to run a business. Even though I only own one property, it is a business & I need to learn how to operate it in order to set myself up for success in the future. I’ve considered getting certified in property management to help myself learn some details of the business. (Who knows, maybe find job opportunities or landlords who need help managing along the way)

All that being said, what are some ways that a rental property investor can invest in himself? And what are some resources to learn the business operations that doesn’t include getting a “business degree”?

Big thanks to the legends that share their knowledge and experience on here every single day!

Douglas A Lewis · Answer

Hello Jordan,

I read the book called "The E Myth" revisited by Michael Gerber. I think the principles of this book will help you with the business thought process you are looking for. Its about 270 pages long so it should take much time to get through it.

Joseph Firmin · Answer

I think you're on the right track @Jordan Page! Don't beat yourself up because you aren't throwing down $25K on some course or going back to school for some extra degree. Your TIME is valuable and if you are using it to listen, read, go to events and network, etc. - that is a significant investment in yourself. As you look into how to invest in yourself, I'd recommend looking at that ONE Thing that will create th most value - then invest in that which will bring that value to fruition. Best of luck!