After a recent client more than doubled their total compensation, I couldn’t figure out a good way to communicate and frame the outcome… so I asked perplexity.ai. Prompt: If you invest 4k, what’s the ROI in year 1 via all the different investment options? Now compare it to investing in yourself that helps you increase your total compensation from 220k to 470k Output: Traditional Investment Options
Investing in YourselfInvestment: $4,000 Potential Compensation Increase: $220,000 to $470,000 Compensation Gain: $250,000 ROI calculation: ($250,000 - $4,000) / $4,000 x 100 = 6,150% ROI The potential ROI for investing in yourself to increase your compensation significantly outperforms traditional investment options:
It’s important to note that while the potential ROI of investing in yourself is extremely high, it’s not guaranteed. Success depends on factors like the quality of the investment (e.g., courses, certifications, coaching), your ability to implement new skills and knowledge, market conditions, and your company’s willingness to provide such a significant compensation increase. In conclusion, while traditional investments offer more predictable (though generally lower) returns, investing in yourself to increase your total compensation could potentially yield a much higher ROI, both financially and in terms of career development. The potential 6,150% ROI from self-investment far exceeds the returns from traditional investment options in the first year. Thank you perplexity.ai for explaining this 100x better than I could have. ☺️ It is right, the 6,150% ROI from investing in yourself is not guaranteed, but what you also gain is the support of a community. Knowing you are not alone, knowing we are doing this together, and minimizing the emotional ups and downs is invaluable. This support helps you thrive during your transitions, and that is priceless. ☺️ |