A $35 million earner recommends setting aside a fixed percentage of income monthly for learning, expecting nine out of ten investments to fail but one to pay back tenfold. Treat education like venture capital bets on yourself.
I went to this meetup where everybody was doing, you know, 8 figures or more. And at the time I wasn't. What was really interesting is one of the guys who was making the most money in the room, when he went up and presented, he said this really interesting thing. He was making $35 million a year and he said, I would encourage you to write down a percentage of your income, whatever percentage you're comfortable with, and put that as your learning budget. All right. And that learning budget, he said, you should spend that every month and expect to have zero ROI on 9 out of 10 things. And then the one 10 thing will make you 10 times the money. It's almost like doing a venture bet on yourself from an education perspective.
