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Tuesday, December 09, 2014

Using Study To Advance In Business


Lots of people think that "knowing the right people" or "just getting lucky" are the only ways to get the promotion or the raise they feel they deserve. 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 many people make in business actually has nothing to do with luck; it is simply a misstep of failing to be prepared to take advantage of (or to even recognize!) their 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. 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. If you are an employee in this position, it can seem like all your studying is getting you nowhere at all. 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!

It is very easy for managers to sit back and forget that there is still more to accomplish. 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!

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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