Monday, December 8, 2014

Studying To Advance In Business

Lots of people go through their whole careers thinking that they need to "know the right people" or "just get lucky" in order to get that promotion they want. While there is a small sliver of luck when it comes to advancing in business, however, most people give this sliver far more credit than it deserves! The mistake that many people make in business is waiting around for their opportunity to present itself, but failing to be prepared to take advantage of (or to even recognize!) that opportunity when it arises. 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. You should certainly take a look at the things your competitors do poorly or incorrectly, but even beyond this, you should take a look at the things your strongest competitors do right!

For employees at large corporations, the struggle can be the fact that it often seems like it is impossible to get noticed. With so many employees who are just like you in so many ways, it can seem absolutely random whether an employee's hard work gets rewarded or not. It can seem like your study and hard work are getting you nowhere, and it can be easy to stop trying so hard. But remember: In time, your opportunity will come, as the law of averages dictates this; if you continue to work hard and advance in knowledge and expertise, you will be prepared to seize your opportunity when it comes along.

For a manager, it is very easy to sit back and forget that there is still more to achieve. But as a manager, it is important that you not only continue to study to open up doors for advancement, but that you also study in order to enlighten those in your 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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