I is for Invest #AtoZChallenge

I is for Invest

Do we invest enough in our future? In our businesses? In our education? In our happiness?

As I thought about what to write on the topic of investing my mind started to calculate how much I have invested in myself, in my business and into other things.

My tuition fees, which were for the most part quite low (especially in comparison with other countries) and sometimes even non existent, where an investment that my parents made into my future. Investing in an education is probably always a good thing, even though we cannot be sure of the returns. It is an investment of funds that we hope to regain somehow in the future.

Recently, I read that every entrepreneur should invest about 10% of what they make into their business. I don’t know the numbers, but I have the feeling that there are many who invest everything in hope for some returns while others should invest or invest a bit more.

Three years ago, I headed into the adventure that is freelance teaching. It was a business that I could undertake with very little up front investment. I bought an invoice booklet for I think 10€ and at one point purchased a month preferred ranking on the website where I had my listing at the time. Those two investments were covered by one hour of work, and back then I had no idea how to price my services…

Now three years later, I haven’t invested much, I bought an amazing book about German grammar, I buy metro tickets and sometimes invite my student for a beverage if our lesson takes place in a café. Recently I bought a bike helmet. When I purchased my own domain, it was in away an investment in my business and in myself. Still, all of these investments (not all are really investments, they are often necessary expenses) are very far away from the recommended 10%. If they would be 10% then that would mean that I had either made very little or that things are way too expensive.

Now the question arises of where to focus my investments so that my business and myself can further grow on a personal level. Maybe look into more interesting hosting options for my blog? Enrol myself in a course to be certified as a German as a foreign language teacher or in a creative writing course? Invest in equipment (video and audio) to start selling courses online?

But not all investments have to be of a monetary nature. I can invest myself in a project and come out with more experience with more of something.

I think that investing means that we have to put something in, in order to make something more out of it.

So maybe investing money is not always what needs to be done, it really depends on what we do. Time and energy do seem to be good vehicles of investment. Maybe if we invest 10% of our time, or 10% of our energy (harder to measure I guess) then there can be a very positive return on investment. 10% of one’s free time can be used to learn new things, to work on writing blog posts or a book, finding a new job or something else. If one is a freelance professional 10% of a day’s work time can be used to acquire new skills, to find new clients, creatively develop new services and so on.

How do you invest in yourself, in your business? Do you do enough of that or too little?

Interested intelligent Isa, an Iguana  is interviewing insecure islanders in Innsbruck.

During the month of April, I am participating in the A to Z Challenge, my theme is authenticity and eclecticism, which in my book go hand in hand.

Thank you for reading! If you enjoyed this post, then please feel free to leave a comment, to share it on social media and to follow my blog and twitter @SolveigJ

© Solveig Werner 2016. All rights reserved.

9 thoughts on “I is for Invest #AtoZChallenge

  1. In my experience, investing into myself moves things forward. Yes, external action is important, but so far, I’ve been investing into myself to clear the inner blocks. The external often mirrors the internal. Great post, Solveig! Lots to think about.

    Liked by 1 person

    1. I think that it does.
      I have the feeling that this edition of the A to Z Challenge is turning into an investment into myself, as have the feeling that it is helping me grow. We’ll see where I’ll be at in a few months time.

      Liked by 1 person

  2. We invested heavily in the business I was in, constantly, and it worked. But the best investments were in people, in mentoring, in pro bono work because what I took away wasn’t monetary but far more fulfilling

    Liked by 3 people

    1. I think often times the investing in people is neglected, but it is probably one of the important ones.
      It is always great when someone takes on the task to mentor someone younger and will help them grow as a person.

      Liked by 2 people

  3. I agree with Geoff wholeheartedly about the importance of mentoring and I feel he does a great job of that through blogging too. I think he’s naturally very encouraging.
    I use this mentoring approach with my kids, working with them initially and then tapering off once they’ve found their feet.
    I have invested a lot of time and energy into my blog as an investment in my writing. This is probably the riskiest investment I’ve ever made but the most rewarding. It’s been scary making that investment at times but I also want to spend time with my kids and have had health troubles which have kept me away from paid work for 2 years. I have really felt that I was meant to write and I couldn’t do anything else. Fortunately, it’s looking like things are finally coming together with this series of Letters to dead Poets for the A-Z and I could well end up with 50,000 words at the end of the month and having a draft. The thrill that’s going to bring after writing for so long will be incredible. I’ll definitely be doing the happy dance!
    xx Ro

    Liked by 1 person

    1. I think mentoring is so important. I have always made sure to do some mentoring work with the kids I have worked with and work with. Sometimes an outside mentor can do a lot of good as they can see thing that parents cannot see.
      There is a person who has taken to mentoring my fiancé lately, and I think that this will help him a lot in the long run.
      Wow, having a draft is definitely a good step forward in your writing career.
      All of us bloggers seem to invest a lot of time into our blogs, I always wonder where we find that?


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