Most people are looking for business opportunity to invest. Browsing the internet on what is in demand then rushing to enter into business when they get some amount for capital or even if they need to loan for the capital.
Some people also taking the chance to win in the lottery even if it’s only .0001 % chance to win probably. Others engage with quick money scam and gambling hoping that the luck are on their side.
People have different ways, ideas and perspective on how they can change and improve their lives. Trial and error. If you win congratulations but if you lose better luck next time.
Taking the risk to start a business hoping to get successful but more often than not are failure, as according to study most of businesses failed within the first 5 years. This happened because of not completely understanding the trends of the economy and the consumer behavior.
But what is really the best investment in life? I believe this is the biggest question for everybody. Only few are aware of this and they are the successful people. The answer to the latter question is “ Investing to yourself”
Before entering into any business whether it is a small enterprise or a major trading, it is very important that you invest first to yourself.
Investing to yourself first is the best investment in life. Learning and acquiring the necessary knowledge in life, being fully equip is the ladder for success in business, relationship and own happiness. Let’s give a brief discussion on those areas on why do we need to invest first to ourselves.
Personal development – are we satisfied and confident with ourselves. How we carry ourselves reflects on how we deal with people and our client. Do we exercise? Do we have healthy lifestyle? It is very important that you are physically, mentally and emotionally prepared.
Beliefs – what about your beliefs? The number one factor that can make you successful or failure is your belief. Because whatever your belief is, it affects your decision in your personal life, relationship and to your business. It is necessary that we identify our wrong beliefs and replace it with the right one.
Habit – what are your habits? do we possess or practice the good habit in our daily lives. First we have to be discipline in ourselves such as ; how are we spending our time, our energy and how much do we understand people.
Entering into a business is not as easy as others might think. Being savvy with the business is significant. You have to gather the necessary information for your personal development, about people and about the business world.
Application and Conclusion
We can acquire knowledge and ideas through reading books and learning from the experiences of successful people. In this way, we can minimize the risk of failure but rather increase the percentage of success.