What Are You Willing to Pay For? $700/minute?!


Dear Real Academics,


I previously wrote a blog post titled, "What are you Willing to Pay For"? I noticed a lot of interest in the topic, so I wanted to revisit the idea.


You may or may not have heard of Ramit Sethi, an American personal finance advisor and entrepreneur. I recently received one of his emails with the headline "Why I Paid $700 a Minute". 


The email was so thought-provoking that I'm paraphrasing it with some quotes in blue below.
But, stick with me to the very end...I promise there is a connection to academics, and to YOU.

Ramit tells the story of how he bought Jay Abraham’s book Getting Everything You Can Out of All You’ve Got, and applied to take Abraham's course for small-business owners.

The course cost $25,000/year and Ramit had to fly from New York City to Los Angeles every 15 months to meet with Abrahams for 45 minutes.

Bottom line: Ramit calculated that it cost him $700 a minute to talk with Abrahams. Yet, here’s what he says about the experience: “I would do it again for 10x the price.” 

Why? 

Because, according to Ramit, “His insights changed my life....”

How?

Ramit talks about purchasing something — be it a product or a service/experience that is so good that price doesn’t matter. 

He goes on to say that Abraham’s gave him advice that radically impacted and changed his life and asks you to consider what to do when you want more.

His answer? “You find someone who’s done it and learn from them...”

Last, Ramit provides a list of the most important strategies he learned from Abrahams including:

Having a mentor who supported and challenged him simultaneously.

Being part of a supportive community that challenged him to be better.

Having accountability in having to report his progress towards his goals.


I can really relate to this story and the thing Ramit lists as benefits to investing into career growth. I have learned from some of the best academic writing mentors in the field. I have also benefited incredibly from on-going community and accountability for my own personal growth and success. 


What about you? 


Are you willing to invest time and money to be able to propel your skills and career forward? 

Your time is precious. This is why we've compiled a list of helpful, recommended, top-quality, and time-tested resources for you. Check them out by clicking here.


Until next time, happy writing, productivity, and truth-seeking, 
Maggie


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