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Youth Village Kenya > Blog > Business > How Young Entrepreneurs Can Invest In Themselves Without Toiling
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How Young Entrepreneurs Can Invest In Themselves Without Toiling

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Last updated: 2023/10/25 at 6:10 PM
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What is your greatest asset as an entrepreneur is? You may think it is your customers, money, investors, employees or advisors but today I can tell you that your greatest asset is you.

Contents
1. Know what you can do.2. Brand yourself3. Expand your knowledge4. Develop your skills

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Living in your well vanished house is much more important that living in a big storey building which you have to pay rent. This is the same thing that entrepreneurs should take into consideration that the biggest asset and investment you can ever make is in yourself as you are constant with yourself, you don’t need to pay anything or hire anything. Below are four investments you can make into yourself;

1. Know what you can do.

Apart from being the origin of ideas which are implemented and also knowing what you want, you also need to discover and understand what you can do on your own without straining apart from your business. After a child knows how to walk she or he again later discover that he can talk, knowing what you can do will act as a supporter or rather a booster of your business as it will add in more fruits from different hunting fields.

2. Brand yourself

Customers don’t buy from supermarkets or stalls but they buy from individuals who own them. The same way people can enter a matatu not because it is fast but because the driver is good and humble hence they are assure of reaching safely. Let people know you, how good you are. This will not only make your business flourish but also you can be used as a consultant and people can come to you for advise, this can still earn you a potato that is self investment.

3. Expand your knowledge

No one will take you to court for adding a fifth degree to your fourth one or getting a doctorate. You will never see those good papers expire any single day. Increasing your knowledge will not only market you more but you will also rise in value. Education is the most powerful weapon that can be used to change the world and what if you have it in large quantity hence the output will also be awesome. Remember Benjamin Franklin once said “an investment in knowledge pays the best interest’’.

4. Develop your skills

Statistics shows that the skills that you learn and develop on your own are much more important than those that you acquire from classes or being taught from seminars. What you learn on your own sink more and deeper into the memory, develop as many skills as possible because you are your own teacher.

As an entrepreneur put most of your time effort and money into grooming yourself as you are the most valuable asset in the firm, business, or any other thing that you want to do. Remember you are the engine of the business.

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Editor October 25, 2023 May 26, 2016
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