Expense or Investment?

Posted by Gediminas Grinevicius on Monday, January 27, 2020 Under: Personal Development

I wanted to quickly do a blog post and ask you a question. Self-education, is it expense? Or is it an investment?



A lot of people see, buying books, buying courses, buying training tickets to training events and traveling half way across the world to, for example, Henderson, Nevada, as an expense, right as a waste of money as a cost. Whereas other people look at it as an investment. Now, you see, if you look at it as an expense as a cost, you will be inclined not to spend that money rather buy a T shirt for that 10 pounds, instead of buying a book, you know, or buy something else, right? Buy a TV, instead of buying a video course, we see all of that stuff is an expense is a cost.

But training self-development is actually an investment. Now, why is it an investment, because it increases your value to the world? You see, probably all of you watching this video, and those who will watch the replay later on, you would like to earn more, right? You would like to get paid more, which is totally cool and understandable. But why would somebody pay you more? Why would you make more money, the only reason why a company or a person would pay you more money, you become more valuable to that company or to that person. So by investing in yourself, what you actually doing, you increasing your own value.

Now I'm not talking about your value as a human being as a person, you know, in the eyes of the gods, we all equal, right? I'm not talking about that. I'm talking about your value in the marketplace, your value to that particular company. Because if you become more valuable by investing in yourself, then that company might be willing to pay you more, right? That's the idea of investing in yourself. And I remember a long time ago, watching a video by Tim sales. And he said, if you think education is expensive, you should see how expensive stupidity is. And I think that's fairly true, right? Because stupidity sometimes can cost us a lot more over the long term, than actually investing in educating ourselves and learning something new. And they say there are four stages of development or four stages of learning.

First stage is unconsciously incompetent. What does that mean? It means when you don't know that you don't know. And that's one of the worst places to be in. Because you don't even know that you don't know that particular thing. So maybe you trying to make it work, maybe you're trying to get results. And it's just not happening for you. And you don't even know why? Because you don't know that you don't know. 
And that's why sometimes it's worth to go to training events to go reading books to go hiring mentors to find out, what is it that you don't know? Right, because that's the worst thing Not even knowing that you don't know, then the second stage of the development is  consciously incompetent. When you know that you don't know, that's also a good place to be in, because then you learn what you actually need to learn.

So for example, if you're not great at recruiting, if you're not great at selling, if you're not great at whatever communication skills, then you know, then you know that you need to learn that thing, right? You know that you actually need to study that thing and learn it. So you consciously incompetent, you're still incompetent, you still don't know what to do. But at least now you know what you don't know. So you can go ahead and start learning those things. Then the third stage of the development is when you are consciously competent. Once you learned what you didn't know, and you start applying it, you start using it, you start getting results, you know, yes, this is working, right? So you become consciously competent, right? So you now know the things, you're using them.

But it's still quiet, conscious activity; you still have to sort of, to like consciously apply these techniques. To use it, it's like more like work, you know, because you have to use it in order for it to work. Because, you know, if you don't think about it, then you wouldn't use it. So that's consciously competent. And then the last stage stage number four is unconsciously competent, where you are doing the right things, without even thinking about it. And of course, again, the only way to get to that point is for you to use the techniques that work so many times so much, that you actually start using them without even thinking about it. It becomes like a habit for you. It becomes like a, like a second nature to you, right? You just do it without even thinking about it. That's called unconsciously competent.

Okay. So back to the question; what do you think? Do you think investing in yourself? Or actually, I shouldn't use the word. But buying books, buying courses, attending training events, traveling to training events all around the world? Is that expense? Or is that an investment?



That’s my training and tip for you. Hope you got value some value in this blog post, if you did, feel free to share it with other people. If you would like more amazing trainings check out “Network Marketing Success Training” group http://titaniumsuccess.co.uk/successtraining.php. There are 10 amazing lessons in this training course that will help you get the breakthrough in your business!


Yours in success

Gediminas.

In : Personal Development 


Tags: invest in yourself 
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