A great piece of third party writing paraphrased that puts life into perspective:
“I love giving advice. I write blogs, articles and a newsletter. I tweet, Facebook and share nuggets of advice almost daily. So why would that make anyone think they can still have the right to pick my brain? I can’t tell you how flattering it is to be approached by representatives from major funds or legendary traders or just average people around the world seeking my wisdom and advice. It shows they are listening and like what I have to say. But the road ends when they are only on a fact-finding mission–a mission to pick my brain for as much free intelligence and knowledge as possible. Not going to happen. My brain costs money to maintain. There’s training, reading, networking, attending conferences and mastering skills that all cost money. I protect that investment. Now, don’t get offended. If you do, maybe you deserve to be offended because you’re one of those aforementioned brain pickers. With the Internet loaded with free information, people automatically assume I am for free too. Go ahead and read my free stuff. But when you find yourself still lacking answers, then the free stuff isn’t enough. Look, professionals don’t work for free. Now, I don’t mind helping people out and everyone knows that. But, I charge my paying students good money for my expertise and results. Period.”
So why do I teach?
1. I enjoy it and my books and podcast show that.
2. I am a capitalist*.