Would you invest in You, Inc.?There was a very interesting post over at StevePavlina.com today about considering yourself to be self employed no matter what your situation is. I was quite impressed by the post since I had never actually thought about it that way. Yes with the right mindset it’s quite easy to think of yourself as self employed.
Would you invest in You, Inc.?
Being that I happen to like myself and I think I do a good job most of the time yes I would invest in Me, Inc. Heck I’d even hire myself. But the post did bring up some interesting ideas. How much time does the average employee spend ensuring that they are in a good position to move jobs or upgrade their skills? My guess is that the majority of the ‘corporate’ workforce is stuck in the situation where they simply wait and do what they are told. If the ‘training’ courses are not part of their yearly review they simply don’t happen. I know this is what I fall into from time to time.
The Finances of You, Inc.
Steve Pavlina’s post centered on the concept of ensuring that you are the best company to hire for the job and that by changing your outlook on work you can make yourself more competitive in the market. I agree with his thoughts but rather than would you simply invest in You, Inc. What would you say if you were an investor and needed to see the financials of You, Inc? Would you be impressed or horrified about how that particular business was being run?
Personally if I were to look at my personal finances from an investor’s point of view I don’t think I would invest in myself (at least not without good reasoning). First off I’m in debt with very little to show for it. Many companies are in debt but it’s to grow their business, increase sales, or even to purchase capital items. Debt by itself isn’t bad but the reason why its there might be. Another aspect for me as a potential investor would be the company’s cash flow. Again looking at myself as the example I would be hesitant to invest any money simply because my cash flow isn’t quite under control yet. Its considerably better than it was only a few months ago but that doesn’t make it quite right yet.
I really like the idea of looking at yourself through an entrepreneurial lens; it forces you to consider things that you might never look at otherwise. To top this off by looking at yourself objectively you can possibly realize that some items such as cash flow are really important and if you were a corporate entity then you would be overlooked by a great many investors.