If you’re not investing in skills to develop your business acumen, then you’re getting taxed.
You read that right. There are many business owners who end up losing a lot of money because they never develop the key business skills that'll make them truly successful.
A lot of people complain about taxes and try very hard to avoid them – or at least, the taxes that the government demands. But these same people often neglect one of the most important sources of “taxation” that there is – ignorance.
You see, the biggest cost in your business are the blindspots that you aren't even aware of. What the government does can actually be irrelevant if you can create your own economy. You have to create a "bubble" in which you live so that external circumstances don't impact you.
The only way to reduce this tax burden is by spending money to build your business acumen and key business skills. Investing in skills will give you the capacity to make more money.
The lottery serves as a perfect example of why this is so important. Lots of lottery winners end up losing their money. That's because they didn't have the skills to make the money in the first place. With the right skills, on the other hand, you can lose everything and make it right back.
That’s why I call ignorance a tax. Once you realize how much money you could be making by investing in key business skills, it’s hard not to think of it this way.
Start investing in skills that'll make you more money, and sharpen your business acumen! It’s the best investment you can ever make.
