In a video published yesterday, I shared that I’d spent over $100,000 on personal development:
Those numbers are quite conservative. As I thought about it, I realized I must be well beyond that figure at this point.
But I’ve noticed people like to call B.S. on this, so let me break it down for you. And I can’t emphasize this enough – all figures that follow are conservative!
Books & Kindles
I own roughly 300 personal development, leadership, marketing, entrepreneurship, and spiritual books, mostly paperbacks or hardcovers, some Kindles. Some books cost more, some cost less, and some were even gotten for free, but if I were to average it out, each book cost roughly $20.
300 titles x $20 = $6,000
Audiobooks & Audio Programs
I have not invested huge sums of money in audiobooks and audio programs, but I have spent some.
20 audiobooks x $20 = $400
4 audio programs x $40 = $160
Courses & Memberships
Courses and memberships (some of which came with personalized coaching) is one of the greatest costs I’ve incurred in growing myself. I don’t think of it as an expense so much as a necessity, mind you.
Fizzle – $720 (for a combined two years of membership)
James Schramko – $2,400 (for a combined two years of membership)
Landmark Worldwide – $5,450 (for seven courses or programs and three seminars)
No B.S. Letter – $1,200
I have also invested in some one-offs at Udemy and elsewhere, so the above should not be considered comprehensive.
Everything in life can teach you something, and I learned a great deal about business in network marketing, where I ended up spending a good chunk of money. I can’t say I lost my shirt, but I also didn’t win big. Thus, a business education.
Products – $28,800
Training organization membership – $720
Training resources – $720
Communication tool – $720
Business investments also ended up teaching me a great deal about life and entrepreneurship and I would count them towards my personal growth.
Academe Design/Red Flame – $3,000
Music Entrepreneur HQ – $9,600
Undisclosed music industry tech startup – $60,000
Total Estimated Spend on Personal Development
Books & Kindles + Audiobooks & Audio Programs + Courses & Memberships + Network Marketing + Business Investments = $119,890
Let’s remember – the above figures are conservative. I have not covered everything I’ve ever invested in to grow myself, and since I’ve been investing heavily into my growth since 2009, some of the above figures would look very different (much higher) in today’s money.
Now you know.