In this episode, I'm sharing the mic with my business partner, Laura Wood. 

We thought it would be fun and helpful to do a Kiss, Marry, Kill version of business investing. 

In this episode of the Business of Becoming Podcast, we share valuable lessons we learned from investing in a variety of things like agencies, team, HR and masterminds, emphasizing the importance of critical thinking and due diligence in investment decisions. The conversation covers the pitfalls of hiring an HR department too early, the dangers of investing in coaching without measurable outcomes, and the significance of learning from past mistakes to inform future decisions.

Given that I've been running The Wellness Business Hub since 2012, trust me when I tell you, I've made some pretty bad investments. I love that I can share them here with you so that you can skip over making them, but still learn the lesson. 

I'd love for you to share this episode with your peers and colleagues so they can benefit. 

Takeaways

- Investments can lead to valuable lessons, even if they seem like failures.
- It's crucial to evaluate the metrics of any investment opportunity.
- Over-investing in team roles can be detrimental to a business.
- Always seek measurable outcomes from coaching or mastermind programs.
- Mistakes in investments are part of the growth process.
- Trusting others without due diligence can lead to costly errors.
- Boring investments often yield the best results.
- Be wary of offers that sound too good to be true.
- Critical thinking is essential when faced with investment decisions.
- Learning from past experiences can prevent future mistakes.

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As always, thank you for following me (Lori Kennedy) and the Business of Becoming podcast.