In a recent LinkedIn post, Simon Squibb, a seasoned entrepreneur who has built 19 companies and invested in 81 startups, discusses the crucial difference between seeking quick financial gains and investing in knowledge for long-term wealth and success. Squibb draws a parallel between lottery winners who often lose their fortunes and individuals who might prioritize immediate cash over valuable insights.
The Perils of ‘Quick Wins’
Squibb opens by highlighting a common pitfall: the allure of immediate financial windfalls without the underlying understanding to manage or grow them. He uses the analogy of lottery winners, noting that their sudden wealth rarely translates into lasting financial stability.
“There is a reason lottery winners go broke almost every time. The take the quick win but don’t have the deep knowledge to make it or retain it.”
This observation sets the stage for Squibb’s central argument: that true wealth creation and retention stem from knowledge and expertise, not just luck or immediate financial injection.
Prioritizing Knowledge Over Cash
The entrepreneur elaborates on his personal experience with this principle, recounting instances where he has offered people a choice between cash and his knowledge or help. He shares a striking anecdote about someone choosing his book over a substantial cash sum.
“One even took the book instead of £10k cash! They genuinely did (many think it was fake it wasn’t I promise!).”
According to Squibb, this preference for learning over immediate financial reward demonstrates a deeper understanding of value. He advocates for this mindset, particularly for younger individuals starting their careers or entrepreneurial journeys.
The Investment in Learning
Squibb strongly advocates for using financial resources to acquire knowledge, framing it as a fundamental rule for achieving prosperity. “Always use cash to buy knowledge. Never stop doing that if you can. Especially when young!” he advises.
He posits that this strategic investment in oneself is far more likely to yield significant returns, both financially and in other aspects of life. In his view, this approach is a direct path to becoming rich in multiple dimensions.
Squibb’s Mission to Empower Entrepreneurs
The post also touches upon Squibb’s broader mission. Having successfully navigated the startup world extensively, he now dedicates his efforts to helping aspiring entrepreneurs realize their dreams. He mentions his track record:
“I have built 19 companies and invested in 81 startups and today focusing on helping people follow their dreams. Helped over 25,000 start a business so far in the last 6 years…”
Squibb concludes his post with a direct question to his LinkedIn audience, playfully reiterating his core message: “So LinkedIn want my book or $1k cash?” This rhetorical question reinforces his belief in the superior value of knowledge acquisition.
📝 About This Content
This article is based on insights shared by Simon Squibb on LinkedIn.
📅 Originally posted on February 10, 2026 | View original post on LinkedIn →