Evan Carmichael spent $2,000 on stocks early on and watched it grow slowly. His friend Jeremy spent $2,500 on an event, built skills and connections, and launched a business now making six figures. Early in your career, invest in yourself first.
Chapters
One of the biggest mistakes I made early on when I had any money was I just tried to invest it and put it into the stock market. And I remember like I had $2,000, put it in the stock market and it's going to grow. I was like, oh, it's like taking so long to grow. It's only $2,000. Where Jeremy actually made a much smarter call. Like I think at the beginning you invest in your skills and you invest in your network because that $2,500 investment that Jeremy made now has a mid-six-figure or high-six-figure business every year because he came to that event. But if you just put it into the stock market, Sure, it would grow, but I think at the beginning you need to invest in yourself to get the skills that you need to be able to then create the network and create value for other people.