Monday, March 29, 2010

Increase thy ability to earn

Increase thy ability to earn. This is the seventh and final rule that George S. Clason lays out in The Richest Man in Babylon.

Don't stop learning. Diversify and research. Do the leg work. This will open new investment avenues to you.

I've heard a lot of talk about whether it is better to be an expert on one thing or a jack-of-all trades.

While such debates are lively and entertaining, they are largely moot.

Whether you are an expert or a handyman, get better. Read. Do. Never be satisfied with what you know. Knowledge does not produce linear growth. It's exponential.

The more you know, the better you get at learning, which increases your capacity for knowledge and your ability to do your job.

Also, learning how to do your job better increases the likelihood of automation, which frees you up to make more streams of income and continue learning.

So read that trade blog. Pick up that book. Do the mental exercises and keep learning.

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