1/ For anyone who is on the fence about @growclass, I remember the exact moment I was sitting in my car in the parking lot on September 9th, 2020 calculating on the phone what the ROI would need to be for me to join the program.

2/ I had calculated that if this program got me about 11 extra students paying $250 CAD each over the next 12 months, this course would pay for itself.

Considering how much I have valued @skstock's help and advice, I was confident it would be at least that, probably more.
3/ In fact, after I already joined, Sarah challenged me and said "let's make that goal 25"! And I got excited but was skeptical if even with some great tools and education I would be able to pull that off.

25 * $250 = $6,250
4/ So my advice to anyone trying to figure this out, if you're running your own business is to ask yourself 2 questions:

1. "How many extra sales will I need over the next 12 months to pay off the cost of this program?"

2. "Do I think that this program will do at least that?"
5/ What happened in @growclass is that I learned how to better talk about the benefits of my program and write better and got custom-tailored help/iteration and advice from the incredible community on my landing pages and copy.
6/ So fast-forward to today.

Instead of:

❌ 11 students X $250 = $2,750 revenue
❌ 25 X $250 = $6,250 revenue (Sarah's goal for me)

I landed 11 students in my very next cohort

✅ 11 students X $650-750 = $7000+

Mind you that is in 2-3 months instead of my 12 month goal.
7/ Obviously that took a lot of hard work and grit alongside the program, not discounting any of that, but I'm happy that I not only met my own goal, but even surpassed @skstock's more ambitious goal for me.
7/ Long story short - was it worth it for me? Absolutely!

Is it going to be worth it for you? Maybe. Do the math, see if it adds up and make a calculated decision for yourself if it makes sense.

This shouldn't feel like a roll of the dice. ❤️
8/ If you're into it, enrolment closes in 24 hours (Fri Jan 15th). Do your research, ask questions (to me or @skstock or any of the other incredible alumni).

Make your 2021 kick 2020s butt!

https://t.co/6eICrvoQcE
9/ I remember after registering, I got an email with a beautiful welcome package walking me through the whole process and immediately thought: "I'm so happy I made the right decision"
@threadreaderapp unroll

More from Finance

I'm lucky to attain financial freedom before 30.

I credit Fintwit for my learnings.

Here's 10 key concepts every investor must know:

1. $$ needed to retire
2. Researching a business
3. Reading annual reports
4. Reading earnings calls
5. Criteria of a multi bagger

(Read on...)

6. Holding a multi bagger
7. Economic moats
8. When to buy a stock
9. Earnings vs cashflow
10. Traits of quality companies

Here's my 10 favourite threads on these concepts:

1. How much $$ do you need to retire

Before you start, you must know the end game.

To meet your retirement goals...

How much $$ do you need in your portfolio?

10-K Diver does a good job explaining what's a safe withdrawl rate.

Hint: It's NOT


2. Research a business

Your investment returns are a lagging indicator.

Instead, your research skills are the leading predictor of your results.

Conclusion?

To be a good investor, you must be a great business researcher.

Start with


3. Reading annual reports

This is the bread and butter of a good business analyst.

You cannot just listen to opinions from others.

You must learn to deep dive a business and make your own judgments.

Start with the 10k.

Ming Zhao explains it

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I'm going to do two history threads on Ethiopia, one on its ancient history, one on its modern story (1800 to today). 🇪🇹

I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):


The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹


Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹


References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹
I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x


The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x

Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x

The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x

It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x