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As an entrepreneur or business owner, it’s easy to get caught up in the hustle and grind of building a successful company. However, one business life hack that can help you achieve long-term financial success is to be selfish when it comes to your investments.

What does being selfish mean in this context? It means prioritizing your own financial goals over those of others. This may sound counterintuitive, but it’s important to remember that no one else is going to prioritize your financial wellbeing in the same way that you will.

One way to be selfish with your investments is to prioritize saving for your retirement over other financial goals. This means maxing out your contributions to a Roth IRA or traditional IRA each year, even if it means cutting back on other expenses. By doing this, you’re setting yourself up to have a comfortable retirement, which will ultimately benefit you and your loved ones.

Another way to be selfish is to focus on long-term investments rather than short-term gains. It’s easy to get caught up in the lure of quick profits, but these often come with high risk and are not sustainable over the long-term. Instead, focus on investing in companies or assets that have a proven track record of growth and stability.

Having a selfish mindset when it comes to investing doesn’t mean you have to be greedy or unethical. It simply means prioritizing your own financial wellbeing in a responsible, sustainable way. By doing so, you’ll be setting yourself up for success both in your business and in your personal life.

In conclusion, business life hack #70 is all about being selfish when it comes to your investments. Prioritizing your own financial wellbeing is not only responsible, but it’s also a smart long-term strategy. So, don’t be afraid to be a little selfish – your future self will thank you for it.