Bosgoed Business Projects

Some time ago published an article on the importance of education, not only as intellectual and personal growth, but as a method of investing for your future. The article explains how people who study statistically tend to earn more income during their lifetime, and stresses education one of the best investments you can make.

I grasp at the same time, provide missing short example of how this phenomenon occurs, and I did raise this in this post on Saturdays. I explain that although education is always related to college, title, licensing, and other academic names, the definition used here is any kind of knowledge gained to help you produce more income for the same time working hours. Here is an example:

Let’s say you’re an auto mechanic, and in this profession wanted about $ 500 a week repairing cars and have done this for three years. There is a mechanics course hybrid that costs $ 1000 to be certified to repair and maintenance service to hybrid cars.

With this investment of $ 1000 you have been able to produce $ 100 more every week because you are one of the only mechanics in your area with this certification. In one year this investment of $ 1,000 education you will have generated $ 4,800 (assuming you work 48 weeks a year). This means that generating a 480% in return on investment. There is this company that will yield at this time. Remember that you are working the same hours in the shop, and you get tired just your house, only with more revenue by taking a course in mechanical hybrid (or whatever, sorry, I’m not an engineer).

This can be translated into many different races where education, workshop, workshop, training, certification, etc.. you can generate more revenue.

What do you think about this?