Four Reasons Why You Should Invest In Self-Development | Entrepreneur (2024)

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I can still remember vividly the eager anticipation as I opened up Dr. David J Schwartz's The Magic of Thinking Big book. As I turned the pages -it was the first book of this type that I read- it all seemed too obvious and too simple. The author listed the steps on how to implement and change my life by setting your goals high and then exceeding them. That line was my first life game changer.

At the time, I worked as cabin crew with Emirates Airlines. It was a wet and dreary day, London Heathrow departures bound once again for Dubai. I had finished reading the book and I was wondering how I could make my job more meaningful. I decided to think and behave in line with what I had learnt from the book. With 357 passengers on board and a seven-hour flight ahead of me, I was determined to make every moment of the trip count and to make the flight time seem faster. How to achieve this? All I had to do was smile genuinely and with more enthusiasm and greater energy than ever at every passenger. It sounds pretty simple and obvious, yet why wasn't I already practicing this?

"Sometimes the easiest things to do are also the hardest things not to do," said Jim Rohan, an entrepreneur, author and motivational speaker.

Call it a coincidence or perhaps it was the cause and effect of the recycled air at 35,000ft, the energy on that flight was electrifying and my eyes were truly opened to everything around me. Now I was hooked, what else could I learn that would have a significant influence not only on me, but also create a ripple effect on others too?

There are so many meaningful books that you can read, podcasts to listen to, and workshops to attend to learn from. Well-known Billionaire investor Warren Buffett says that the very best investment you can make is one that "you can't beat, can't be taxed and one that not even inflation can take away from you." Buffett advocates that "ultimately, there's one investment that supersedes all others: Invest in yourself. Nobody can take away what you've got in yourself, and everybody has potential they haven't used yet."

You cannot put a price on your investment in self-development. In return, I have become a better person, a business owner, and now a mentor.

Here are some of my reasons why you should be investing in yourself:

1. Invest in a coach On each occasion where I have invested in working with a coach, it has had a direct return on my business. A coach helps in creating and implementing your success plan, so you can become the best that you can be. I have just completed my most recent coaching experience during which we looked at my current business model and reimagined it- the result has seen me doubling my income.

2. Never stop learning

Investing in yourself is a great way to build your self-confidence and self-worth and acquire knowledge. Read, or perhaps I should rephrase, listen to a book a week- books or audio books are an infinite resource to building knowledge and expertise in any area. If I don't manage to read or listen a book, I supplement my learning and curiosity with podcasts. Listening to a 30-minute podcast before going to bed or when driving or when working out in the gym is a great way to make effective use of time whilst still learning.

Attend seminars and workshops to expand your knowledge and skills. It also gives you the invaluable opportunity to network with those who are like-minded. Education is more than just an investment in your career- it is an investment in your growth, awareness, and identity. Constantly learning will give you that competitive edge. Every time I attend a seminar, I always get new ideas and inspiration. My "Giving Back in Style" bangle was an initiative that came to me at a Tony Robbins' four-day event where we I did the infamous fire walk. It was there that I became really connected with what I saw as my values, personal and professional.

3. Invest in your health

Your health is your wealth. It is a fact that we are all more productive when we are rested, eating healthy, and working out, but how often you really take stock and notice. I recently had a wake up call. Lethargic, unable to gain my fitness levels despite working out I discovered I am dairy intolerant. I had no idea how this had been affecting my mental and physical abilities. We are what we eat- I hired a health coach to educate me on what I should be eating and what the best foods to feed my body and brain are. The results are amazing- I have been more able to focus and follow through and I have also improved my productivity. Working out releases natural endorphins.

4. Invest in your future

Make provisions for a rainy day. Put some money into savings– your future self will thank you.

Related: Productivity Is Served: Eat These Foods To Get More Done

Four Reasons Why You Should Invest In Self-Development | Entrepreneur (2024)

FAQs

Four Reasons Why You Should Invest In Self-Development | Entrepreneur? ›

🌱 When we invest in ourselves, we prioritise our physical, mental, and emotional health. We take the time to nurture our bodies through exercise, healthy eating, and self-care practices. We feed our minds with knowledge, learn new skills, and expand our horizons.

Why do you need to invest in yourself? ›

🌱 When we invest in ourselves, we prioritise our physical, mental, and emotional health. We take the time to nurture our bodies through exercise, healthy eating, and self-care practices. We feed our minds with knowledge, learn new skills, and expand our horizons.

Why is self development good? ›

As discussed above, personal development can help you embrace your full potential and improve your quality of life. As a result of personal development, your life's biggest dreams and aspirations can come true, and you'll have the skills to thrive in any scenario.

How to invest in personal development? ›

In addition to investing in your financial future and health, investing in your professional development can bring meaning to your life.
  1. Pave the way with education. ...
  2. Gain experience. ...
  3. Hone your skills. ...
  4. Expand your network. ...
  5. Start a side gig. ...
  6. Aim for work-life balance. ...
  7. Obtain a certification. ...
  8. Find a mentor.
Feb 23, 2024

Why it is important to develop yourself and your company? ›

Self-development empowers business owners to enhance their critical thinking and problem-solving abilities. Through continuous learning and self-reflection, they can make well-informed decisions that lead to positive outcomes for their companies.

Why invest in your own development? ›

Even if your only goal is earning the most money, nurturing your individual growth and wellness allows you to step into your best self and maximize that success. Everyone feels unsure of themselves the first time they do anything new, but you can gain confidence by trying, failing, and learning how to do better.

What are 3 reasons why you should invest? ›

Why Consider Investing?
  • Make Money on Your Money. You might not have a hundred million dollars to invest, but that doesn't mean your money can't share in the same opportunities available to others. ...
  • Achieve Self-Determination and Independence. ...
  • Leave a Legacy to Your Heirs. ...
  • Support Causes Important to You.

What are 2 advantages of self-development? ›

Remember, personal development can help you in all the areas of your life and is therefore largely a personal journey, but one that needs to be prioritised. The benefits are that you grow as a person while growing your skills, you improve your self-awareness, and you boost your confidence.

What is the main goal of self-development? ›

Self-development helps you to work more effectively, improve your performance, set meaningful personal goals and develop your career. Discover the tools you need to take responsibility for your own development, including self-reflection and self-appraisal.

What are the 5 points of personal development? ›

Several topics fall under the "personal development" umbrella, but there are five basic categories. There are five categories: mental, social, spiritual, physical, and emotional.

How to invest by yourself? ›

Here are 5 simple steps to get started:
  1. Identify your important goals and give them each a deadline. Be honest with yourself. ...
  2. Come up with some ballpark figures for how much money you'll need for each goal.
  3. Review your finances. ...
  4. Think carefully about the level of risk you can bear.

What is the power of personal development? ›

Personal development equips us with the resilience needed to overcome obstacles and bounce back from failures. Embracing Self-Reflection and Self-Awareness: Personal development emphasizes the importance of self-reflection and self-awareness.

How to invest in yourself emotionally? ›

32 ways to invest in yourself
  1. Set goals. To invest in yourself, consider setting goals. ...
  2. Be creative. Being creative comes in different forms, such as making art, playing music or writing. ...
  3. Be confident. ...
  4. Read more. ...
  5. Write more. ...
  6. Keep a journal. ...
  7. Eat healthy. ...
  8. Work out.
Jun 24, 2022

Why is it important to have personal development? ›

Personal development helps you stay motivated, rather than just going through the motions at work and home. It gives you goals to strive for. Personal development can help uncover the skills and talents you have but aren't aware of.

What are self-development examples? ›

The commitment to learning new things is an essential step in personal development. It involves developing a reading habit, performing research, signing up for courses and taking advantage of online learning, such as massive open online courses (MOOCs).

What are the effects of personal development? ›

Personal development increases your self-awareness, your self-esteem, increases your skills, and fulfills your aspirations. At BetterUp, we're big believers in the practice of Inner Work®. In many ways, personal development is a form of Inner Work®.

What is the value of investing in yourself? ›

Investing in yourself can:

Build your confidence, Broaden your perspective, Develop your purpose, and. Increase your wealth.

Why do people need to invest their own money? ›

Investing is an effective way to put your money to work and potentially build wealth. Smart investing may allow your money to outpace inflation and increase in value. The greater growth potential of investing is primarily due to the power of compounding and the risk-return tradeoff.

Why do you think it's important to invest in yourself early in your lifetime? ›

It boosts your confidence

As well as equipping you with new knowledge and skills, focusing on your personal development will help you get to know yourself better. You will become more aware of your unique set of strengths, values and passions and how you can use these to achieve your goals.

Why is it important to invest in? ›

Investing your money can allow you to grow it. Most investment vehicles, such as stocks, certificates of deposit, or bonds, offer returns on your money over the long term. This return allows your money to build, creating wealth over time.

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