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Successful people got that way because they spend money

Successful people spend money, and surround themselves with experts

nick-sabanAlabama head football coach Nick Saban had a problem two years ago. He would not win another championship unless he improved his offense. Being a defensive minded coach, Saban did not know enough about offense to pull this off. He went out and hired Lane Kiffin, one of the best offensive minds in football. The result? A 2015 National Championship!

The late Don Aronow, a real estate millionaire from New Jersey, moved to Miami in the 60’s, and changed the speed boat industry forever. Aronow knew nothing about the boat business. He surrounded himself with experts in the industry, and built a multi-million dollar speed boat empire.

What do these two men have in common? They are both successful people. Why? Because they aren’t afraid to spend money to acquire the knowledge they need. This is what successful people know how to do.

Spend a little money and get the knowledge you need to be successful

don-aronowNo one knows everything. There’s more we don’t know than there is we do know. Sometimes, it makes more sense to spend a little money to get the knowledge we need very quickly. If you don’t know how to do something, you have two choices. You can spend hours trying to figure it out, and waste time that can be spent more productively. Or, you can pay someone a little money to do it for you. You don’t have to spend a lot of money. There are many people on who are willing to perform services for you, for very little cost.

This is why there are successful people like Nick Saban and the late Don Aronow. To be successful, you don’t have to know how to do everything. You do need to know where to find the answers. Surround yourself with people who know how to do the important things you need done.

Spend money, and you’ll make money

You have to determine for yourself the right time and circumstances for spending money. As a general rule, spend money if it’s going to make you money. If spending $100 will make you $200, you have a profit. You’re $100 better off than you were. Multiply this many times, and you’ll be very rich and successful, and very fast.

Remember, successful people aren’t afraid to spend money. That’s why they’re successful, and they know it. I want you to know it.

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