This week, I want to ask you, how many hours a month do you commit to learning?
Seriously. Is it 1 hour a month, 3 hours a month, a day a month? How many of you have a coach? Do you notice that top athletes, actors, singers, business owners all have a coach?
Why not you?
Don’t use the excuse, that you cannot afford one…because a good coach should pay for his or herself, in terms of guiding you to bigger gains and more profitability or success…
If they aren’t then get your money back!
But back to this notion of how much time you invest in learning. do you have a personal or team (if you have employees) learning game plan?
“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.” That’s a quote from the great children’s book author, Dr. Seuss, and he is bang on!
Learning does not have to cost a lot…but like the old idea, of you get what you pay for…the value of learning and investing in learning would co-relate to what you spend.
But as we approach this launch of the 2nd quarter of the year, take a moment and think, what do I need to improve on? What do I want to learn that will help me grow my business? What areas of my life or business do I need to get better in? Is it money management, investing, social media, marketing, sales?
Take time now to plan your learning. I recommend you take a half a day a week on Monday morning to learn, either individually or as a team at work. Monday is a bit of a dead zone in terms of selling, meetings and it is a time where you can ease back into the swing of things.
But by taking a half day to learn, or perhaps do some market research might help you really have future growth and success!
Learning can be fun too! You can invite experts in their field into speak to you a group of your peers (and you) or your team at work! You can ask to take a tour of a company’s facility say for example you wanted to learn more about how YouTube works or how to build your company store on Shopify…ask to go to their offices…YouTube has a studio and location on King St. in Toronto at the George Brown campus…Shopify has an office in downtown Toronto…LinkedIn sometimes offers training programs too! All geared to help you in business.
Representatives from Toronto Credit Counseling can come in and teach you about financial literacy or debt management, an insurance rep will come in to talk to you about insurance and what you need in order to be protected should something go wrong!
There is so much help out there, just ask specialists in their field to educate you!
Don’t be shy about reaching out for help!
Put your learning goals down on paper and then prioritize what you want to achieve…after that develop a learning calendar.
If you are a solo-preneur, team up with your peers and do some peer learning together. Engage your team if you have people that work for you.
You can learn online, or by reading? How many books do you read? The more you read, the more you learn, and ultimately, the more you will earn. Nowhere is this truer than in the business world. Your success is likely to be directly proportional to the amount of knowledge you possess, and so is your income. Having more education lowers your risk of unemployment and leads to a bigger paycheck.
In the U.S. they have done studies on salaries versus the level of education, the results are staggering…here they are:
According to the federal Bureau of Labor Statistics, a person without a high school diploma makes an annual salary of $24,492 compared to $33,904 for a high school graduate; $40,820 for someone with a associates degree; $55,432 for a bachelor’s degree; $67,600 for a master’s degree; and $90,220 for a doctorate (a Ph.D). You can earn $250,000 more during your lifetime just by graduating from high school, and double that amount with a two year associates degree from either a community or junior college.
Now, it is great to learn, but to sustain the knowledge gained and to implement it, that is where a coach can help you. Seriously, hire a coach!
If you really cannot afford it…then get a mentor, or an accountability partner and or form a mastermind team.
Promise me this. From here on out, commit to learn.
L-Learn things that can benefit you
E-Enthusiastic…be an enthusiastic learner
A-Assess your learning needs
R-Realize the benefits to your bottom line
N-No putting it off…read a book, take a webinar, listen to a podcast, sign up for a workshop…but learn…commit to it and make it happen
Here is to your success this week!
David is an author, business coach and facilitator and was the former host/producer and creator of the Small Business Big Ideas Show heard weekly for over 9 years. David has taught thousands over the years in both the non-profit and for profit sectors and has coached hundreds of start-ups to make those important first steps. He specializes in helping small business owners mine their strengths, get clear on their value, their markets and then begin to develop a sales and marketing game plan that gets results.
He also can be booked to do his keynote presentations; “The 8 Keys to Success, How I got to Kiss the Stanley Cup and his new keynote called “A breakthrough-through the glass”- how to overcome the fear that life and business might throw your way. He leads workshops in sales, marketing, market research, business plans, target marketing and customer service programs. David currently with the City of Toronto, heading up an entrepreneur training program for inner city youth and adults. He has taught thousands and coached numerous clients in the area of Small Business Start-ups and business growth strategies.