How the Rich Get Richer | Ep. #570

<p>In episode #570, Eric and Neil discuss how the rich get richer. Tune in to hear in which businesses you should be investing in.</p> <p><strong>TIME-STAMPED SHOW NOTES:</strong></p> <ul> <li>[00:27] Today’s Topic: <em>How the Rich Get Richer</em></li> <li>[00:37] The way Neil makes more money is that he “invests in what he knows”.</li> <li>[00:53] He invests in his business and its marketing.</li> <li>[01:08] If you invest in yourself, you’ll get the highest ROI.</li> <li>[01:15] Neil has lost the most money investing in things he didn’t really understand.</li> <li>[01:48] Warren Buffett says the best investment you can make is in yourself.</li> <li>[01:55] There are two ways to invest in yourself: knowledge and your business.</li> <li>[02:15] When you invest in yourself, no one can take that away from you.</li> <li>[02:59] Once you build a business, you’re able to see your goals more clearly and see that you should invest in yourself.</li> <li>[03:50] Neil was doing a wire transfer the other day and the banker tried to pitch him on investments.</li> <li>[04:20] The perfect response to this kind of pitch is to tell them you don’t believe in investing.</li> <li>[05:08] Eric and Neil regret investing in long-shot, but great-sounding opportunities.</li> <li>[06:04] That’s all for today!</li> <li>[06:07] Go to <a href= "http://www.singlegrain.com/giveaway">Singlegrain.com/Giveway</a> for a special marketing tool giveaway!</li> </ul> <p><strong>Leave some feedback:</strong></p> <ul> <li><strong>What should we talk about next?</strong> Please let us know in the comments below.</li> <li><strong>Did you enjoy this episode?</strong> If so, please leave a short review.</li> </ul> <p><strong>Connect with us:</strong></p> <ul> <li><a href="http://neilpatel.com/">NeilPatel.com</a></li> <li><a href="https://www.quicksprout.com/">Quick Sprout</a></li> <li><a href="http://growtheverywhere.com/">Growth Everywhere</a></li> <li><a href="http://www.singlegrain.com/">Single Grain</a></li> <li><a href="https://twitter.com/neilpatel"