A World-Class Business Education in a Single Volume

The Personal MBA

Master the Art of Business

2nd Edition, Revised & Expanded

This is a preview of a key idea from The Personal MBA: Master the Art of Business by Josh Kaufman. Order your copy now...

Personal Research and Development (R&D)

“If a man empties his purse into his head, no one can take it from him. An investment in knowledge always pays the highest return.” – Benjamin Franklin

Key Ideas:

  • A Personal R&D budget can provide you with guilt-free spending on anything that will improve your skills and capabilities.
  • R&D exists because it works. Investing in your personal skills and capabilities can enrich your life and open possibilities to additional income sources.
  • What would it look like if you set aside a small percentage of your income as a Personal R&D budget?

Questions for Consideration:

  • What are you doing to fund your personal R&D budget?
  • How are you planning to invest your personal R&D funds?

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