How the Rich Get Richer | Ep. #570

How the Rich Get Richer | Ep. #570

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

Episoder(3243)

The Secret to Collecting More Email Signups | Ep. #27

The Secret to Collecting More Email Signups | Ep. #27

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Neil & Eric's Best Unexpected CRO Wins | Ep. #26

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26 Aug 201610min

How to Monetize Your Blog | Ep. #25

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Neil & Eric's Biggest Marketing Failures | Ep. #24

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Is it Worth it to Attend Marketing Events? | Ep. #23

Is it Worth it to Attend Marketing Events? | Ep. #23

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23 Aug 201613min

The Importance of Being a T-shaped Marketer | Ep. #22

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Welcome to The Marketing School Podcast—your resource to learn, grown, and nurture your passion for online marketing! In Episode #22 Eric and Neil discuss the importance of being a t-shaped marketer. ...

22 Aug 201611min

Why You Should Be Doing A/B Testing | Ep. #21

Why You Should Be Doing A/B Testing | Ep. #21

Welcome to The Marketing School Podcast—your resource to learn, grown, and nurture your passion for online marketing! In Episode #21 Eric and Neil talk about what A/B testing is and why you should be ...

21 Aug 201613min

How to Become a Better Marketer | Ep. #20

How to Become a Better Marketer | Ep. #20

In Episode #20 Eric and Neil teach you how to become a better marketer. Start taking advantage of new technology and new strategies, and study the marketing tactics of the pros. Time Stamped Show Not...

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