The Greatest Driver of Wealth Creation | Erik Averill, Justin Dyer | AWM Insights #69

In the past year, we’ve seen a boom in entrepreneurship – with more businesses being created in 2020 than any other year in history, companies going public, and as of July 1st, the Mets paid Bobby Bonilla another $1M and we saw that now NCAA athletes are able to make money off their name, image, and likeness.

What do all of these have in common? They all tie back to the greatest driver of your wealth: Human Capital.

In this week’s episode, Erik and Justin discuss how to invest in yourself, control what you can control, and leverage the 3 pillars of Human Capital over the course of your career with the aim of attaining your financial goals and increasing your overall net worth.

EPISODE HIGHLIGHTS

• (00:46) The News You Should Know: Bobby Bonilla Day, ByteDance platforms to reach 4M users, LegalZoom IPO, and NCAA NIL.
• (4:06) What is Human Capital?
• (5:03) The return on your Human Capital
• (8:23) The 3 pillars of Human Capital
• (11:09) Should you try to find the next Tesla?
• (14:23) The “Aha Moment” professional athletes have
• (17:07) “What makes me valuable?”