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5 Reasons Why You Should Invest In Self-Education

5 Reasons Why You Should Invest In Self-Education

There are a million different “investment” tools out there – but which one is the best? IRAs, mutual funds, bonds and other things with initials you can’t even pronounce.

But what if I told you the best investment tool out there might be right in front of you. The best investment is yourself.

Here’s why you should invest in self-education — it’s the best investment you can make.

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Note: Self-education doesn’t necessarily mean more school — sometimes it’s as simple as trying a new class, attending a new conference or experimenting with a new gym.

1. Makes You More Interesting

Who’s more interesting — the guy who learns everything he’s going to learn in life and closes his mind at 22 years old, or the old man who continues to learn a new thing every year?

Steve Martin spent the first part of his life honing his craft as a comedian. As he mastered that craft, he kept learning new things and began teaching himself the banjo. Now he’s a world class musician traveling & touring with a bluegrass band.

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The most interesting man in the world didn’t become so by refusing to continue to learn, but by purposely seeking out new and challenging endeavors that would teach him new life lessons.

2. Easy Ways To Experiment

Self education is a super cheap way to experiment with new things. You can try new activities incredibly quick and for free (or almost free).

There’s a million new things to try and groups to join on a site like meetup.com. Check it out, find one or two things a month to try out and see what you think.

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You don’t need to commit 4 years and $100,000 to find out if you want to do something new. You just have to try it.

3. Reminds You That Learning a Lifelong Endeavor

The process of learning — awkwardly trying something new, making mistakes and improving slowly bit by bit — is an art we spend years on as children, but often abandoned later on as we focus on “image” and “looking like we know what we’re doing.”

By investing in your self-education, you have a constant reminder that there are things that you’re not good at and can improve on. It’s a constant exercise in humility and a great reminder that learning is a lifelong endeavor.

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4. Expands Your Perspective of the IMPOSSIBLE

I love the impossible — seeing the edge of what you think you’re capable of and then going beyond it.

Investing in your self-education helps you realize that the impossible is a lot farther away than you think it is. In fact, you might not even be scraping the surface right now. By pushing your limits, trying new things and learning more about what you’re capable of, you’re expanding your perspective of the impossible, living a fuller life and opening yourself up to more and more possibilities down the road.

5. No One Can Take It Away

People can foreclose on your house, they can repo your car and they can garnish your earnings, but people can’t take away your knowledge or your ability to learn new things.

When assessing where you can invest time, energy and the rest of your resources, spend it on the one thing that no one can take from you — yourself.

What are your favorite reasons to invest in yourself?

Featured photo credit: StockMonkeys.com via flickr.com

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Last Updated on May 16, 2019

The Daily Rituals of 7 Successful CEOs

The Daily Rituals of 7 Successful CEOs

One of my favorite success quotes ever comes from one of the original and most successful ‘CEOs’ of his era: Aristotle. Here’s what he said:

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.”

This advice is just as sound today as it was when Aristotle first expressed it, way back when. I’m reminded of this at least once a week, when I interview an inspiring author, leader, or successful CEO on my show. I ask my guests a series of questions about what has contributed to their success and their ability to build something meaningful.

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You want to know what nearly all of them say? Almost every time, they respond by telling me that their success is the result of simple habits  enacted day after day.

These quotes from seven successful CEOs demonstrate the daily rituals that have contributed to their success:

1. Promote what you love.

“It’s so much better to promote what you love than to bash what you hate.” – Jessica Alba, CEO of The Honest Company

2. Develop a feedback loop.

“I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better. I think that’s the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.” – Elon Musk, CEO of TESLA Motors

3. Create things that are better, not just “different.”

“Our task today is to find singular ways to create the new things that will make the future not just different, but better—to go from 0 to 1. The essential first step is to think for yourself. Only by seeing our world anew, as fresh and strange as it was to the ancients who saw it first, can we both re-create it and preserve it for the future.” – Peter Thiel, CEO of Palantir and best-selling author of Zero To One.

4. Meditate.

“Meditate. Breathe consciously. Listen. Pay attention. Treasure every moment. Make the connection.” – Oprah Winfrey, CEO of OWN Network

5. Read every day.

“Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.”-Warren Buffet, CEO of investment firm Berkshire-Hathaway

6. Block time for email.

“Set aside a 20- to 30-minute chunk of time two or three times a day for email. Do not check continually through the day.” – Doug Camplejohn, CEO of predictive lead marketing company FlipTop.

7. Make your customers happy.

“We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” – Jeff Bezos, CEO of Amazon.com

Develop the right rituals. Become a successful CEO.

If the majority of these daily habits are new to you, avoid making the crucial mistake of adopting all of these habits at once. Research on habit-formation indicates that lasting habits are formed one at a time.

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For example, let’s say you’re excited about developing the following daily habits:

  • daily reading,
  • daily meditation, and
  • updating your to-do list every night

Let’s say that daily reading is the one that excites you the most out of the three habits noted above. It would be wise of you to begin by choosing and scheduling time to read every day, and then sticking to that time until it becomes a habit. Once it feels effortless and automatic, you’ll know that you’ve turned it into a daily habit. Now you’re ready to install the next habit… and the next… Until before you know it, you’ll start looking in the mirror and seeing the reflection of a successful CEO.

Featured photo credit: Amy Hirschi via unsplash.com

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