Wednesday, July 30, 2014

Studying To Advance In Business

Many people go through their whole careers thinking that the only way to get a promotion is to "know the right people," or to "just get lucky." While luck certainly plays a part when it comes to advancement and growth in business, most people give this part far more credit than it deserves! In fact, the place where many fail in business is not in luck, but in a failure to be prepared to take advantage of (or even recognize!) their opportunity when it shows up at last. Whether you are a small business owner, an employee at a large company, or even a manager hoping to move up higher in the ranks, it is important that you understand the value of studying to advance in business.

For small business owners, this study should take the form of understanding what their competitors are doing. This study should go beyond simply the things you competitors do poorly; you should also take a good look at the things your strongest competitor does right!

If you are an employee in a large corporation, it can often feel as though it is impossible to ever get noticed. It can seem as though it is absolutely random whether an employee's hard work gets rewarded or not, as there are so many employees who are so similar to one another. If you are an employee in this position, it can seem like all your studying is getting you nowhere at all. The law of averages, however, states that your time will come eventually; continue to increase in knowledge and expertise regarding the corporation for which you work, and you will be prepared to seize this opportunity when it comes!

If you are a manager, it can be tempting to sit back and forget that there is still plenty more to accomplish. But for a manager, they must remember that study is important, as they are not only responsible for their own selves, but also for those in their charge!

Take thirty minutes each day to study a bit more about your business and the business around you, and you will be pleased with the growth of your knowledge and with your ability to seize your opportunity.

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