Friday, January 03, 2014

Studying In Order 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 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! 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. If you are a small business owner, an employee at a large corporation, or even a manager who is hoping to move up higher in the ranks, you must come to understand the value of studying to advance in business.

Understanding what your competitors are doing is the best way for you to study if you are a small business owner. This does not just mean that you should understand what they are doing wrong, either; take a good look at your strongest competitor and figure out what they do right!

If you are an employee in a large corporation, it can often feel as though it is impossible to ever 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. This is the easiest position in which one can forget to keep studying, as it seems like all the study is yielding no dividends. But if you continue to increase in knowledge and expertise regarding the corporation for which you work, you will be prepared to seize your opportunity when it comes - and the law of averages holds that this opportunity will come in time!

If you are a manager, it can be tempting to sit back and forget that there is still plenty more to accomplish. But it is important that managers continue to study not only to open doors for advancement, but also to enlighten those within their charge.

Begin to study your business and the businesses around you; it only takes thirty minutes of study each day, and you will begin to grow and to become prepared to seize your opportunity when it comes along at last.

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