British rocker David Bowie leveraged the rights to most of his early recordings for $55 million dollars so he could finance the purchase of the rights to the rest of of his works.
Muhammad Ali, like many boxers, also had investors.
But what about the rest of us non-celebs? Will anyone buy stocks in you? Will anyone invest money upfront in order to benefit from your success?
Yes.
You.
You are probably the only one to invest in you. Sorry to burst your bubble.
But how can you buy stocks in yourself - or "You Stocks?"
Add a degree. According to an article on MSN Money (based on reports from the Census Bureau and the College Board), a degree can add a substantial amount to your lifetime earning power. Columnist Liz Pulliam Weston points to figures indicating an Associate degree provides the best return on investment - an average of roughly $116,000 more than someone with just a high school diploma. Bachelor's degrees provide a much larger difference, but take a larger investment in time and money. Professional degrees (like doctors or lawyers) can provide an even higher earning potential (with a larger investment, of course). Earning a degree (or another degree) is a great way - a sound way - to invest in yourself.
Get in shape. Studies have proven exercise now can stave off many problems like high blood pressure, low bone density, lack of energy and lack of sleep. It can also help you think more clearly - which is important for everyone in the work force. Check out this article from FamilyDoctor.org for more ways it pays to work out. Still not sure exercise is a good investment? Then read this article from Johns Hopkins Medicine Arthritis Foundation. Whether you buy a pair of running shoes, lift weights or do yoga, this investment of time and money can help you reap rewards in nearly every aspect of your life.
Take regular vacations. A study conducted by researchers at Marshfield Clinic in Marshfield, Wisconsin (and summarized by MedicalNewsToday.com) indicates women who take regular vacations are less tense and depressed. Not surprisingly, they're also happier in their marriages. (While this study focused primarily on women, many studies have shown similar vacation benefits in both genders.) These breaks promote good mental health, thereby positively affecting physical health. Employers know relaxed, happy people make the best employees, and most employees tend to agree. Spending the money to take your family on a week-long Disney vacation? A cruise for your second honeymoon? Relaxing on a beach in Aruba? Worth it! It can pay off in the short - and long - term!
IN A NUTSHELL: Buy some "You Stocks" by earning another degree, getting in shape and taking regular vacations.
Published by Mike Thomas
Over the years, I've helped thousands find jobs. But I have other skills too: cooking, finding other revenue streams, relationships, tech and more! View profile
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