#261 Investor's dilemma #3

In this episode, I reflect on a pivotal moment in my early twenties
when I decided to stop investing in others and start investing in
myself. Frustrated after an investment with friends didn’t pan out,
I realized that I could count on myself more than anyone else. So,
I made the best decision of my life: I enrolled in a master’s
degree in entrepreneurship. That decision shaped my entire career,
leading me to start BizzBee Solutions and become a consultant. I’ve
continued to invest in myself over the years, earning
certifications and pursuing higher education. Now, I’m working
toward my Doctor of Business Administration, knowing that this
investment will serve me for decades to come. The lesson I’ve
learned is that investing in yourself has an infinite return on
investment. It’s a lesson that I hope resonates with others who are
looking for their next big move. transcription: Hello, guys! I'm
still here in Yerevan and wanted to finish up my thoughts on the
investor's dilemma. In the previous episodes, I discussed what to
do if you have some extra money to invest—whether to put it in
stocks, buy a company, or start something new. We also talked about
the importance of making sure the team you invest in has skin in
the game. But I didn’t tell you how that story ended. I was about
23 years old at the time, and I was frustrated. I didn’t have a lot
of money to throw into stocks or other investments, and I was
emotionally exhausted after having to chase my close friends for a
business idea they came up with. It was their idea, but I had
higher expectations for them. Eventually, I realized that I would
never disappoint myself, and that’s when I made the best decision
of my life—I decided to invest in myself. I thought, “If I invest
in myself, what’s the return on investment?” The answer was
infinite. I didn’t have BizzBee Solutions at that time, but I knew
that whatever skills I gained would pay off for the next 50 years.
So, the very next day, I enrolled in a master’s degree program. I
decided to pursue a master’s in entrepreneurship, and it changed
everything for me. Over the next two or three years, I learned so
much about the entrepreneurial world—funding, company life cycles,
what investors look for, and so much more. This investment in
myself set me on the path to where I am today. If it weren’t for
that master’s degree, I wouldn’t have started BizzBee Solutions or
become a management consultant. That degree gave me the credibility
to land clients, and it still serves me today. Since then, I’ve
continued to invest in myself, from getting an MBA to earning
certifications like Certified Management Consultant (CMC). And now,
at 38, I’m pursuing a Doctor of Business Administration, because I
know that every investment in myself will pay dividends for decades
to come. It’s funny how life works—if I hadn’t pursued that
master’s degree, I wouldn’t be here in Armenia speaking at this
consulting conference. So, for anyone out there struggling with
where to invest your time and money, my advice is simple: invest in
yourself. It’s the one investment you can always count on.