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learn a new skillset. sometime it can be hard to find the time in the bustle of business.

I agree. Find a hard problem you'd enjoy solving, and figure out what skills it takes to solve it.

I'd use the $1k for books and/or new gear.

Do you think 3 months is long enough? I guess if you spent every day focussed you could learn quite a bit

depends what you're learning. but like you said, if you focus you can learn quite a bit.

i've done it a few times and it's been great.