Attending a Seminar
With a net worth of around $500 million, Tony Robbins certainly knows how to invest his money. But that wasn't always the case. In fact, the New York Times No. 1 best-selling author said he was directionless in high school.
In an interview with investor and podcaster Tim Ferriss, Robbins said that, when he was 17, he helped his father's friend move, and everything changed. Robbins' father told him the friend was now successful but used to be a "loser." When Robbins asked what happened, the friend said he attended a seminar by author and speaker Jim Rohn. At the time, Robbins earned just $40 a week, and he spent $35 to attend the seminar.
"I wrestled for a week with that decision, because it seemed like such a giant decision," Robbins told Ferriss. "I look back on it now as one of the most important decisions of my life, because that night stimulated me. Jim Rohn became a model of what was possible to me."
So, the best investment Robbins ever made cost under $50. As you face financial challenges, he says to focus on what you can control and the results.