What is Annual Growth Rate of Learning and Earning?
Written on Dec 09, 2018
We all have heard about Growth Rate being measured in terms of Revenue and Financial position of any organization or institution. And, somehow it also holds true as per education we all had. But, did we ever thought about measuring our success via some mechanisms? Nope. Never. So, in this article, I am going to discuss with you about Annual Growth Rate of Learning and Earning.
Let's start understanding everything about learning and earning potential.
What we are taught?
The money I do have in my bank account depicts my wealth. This is what I've learnt in schools.
College taught me same thing adding that my home, my car and cash in hand is my asset.
But, Robert Kiyosaki and other leading authors presented a totally different perspective. They say that if it's not making money for me, it's not my asset; instead it is a liability.
Then, I came across more views from experts around. All had similar views that we should focus on creating many more modes of income.
Having multiple modes of income, eases my life and will help me enjoy life much earlier rather than waiting for enjoying life at 60s or so when actually I might not be able to actually enjoy it.
Then I thought am I committing some mistake?
And, if yes. So, what should I do and what mistake am I committing?
Then, I started reading more books, knowing experts viewpoints, analyzing things around me, going through blogs and vlogs, interpreting things on my end. And, finally, I came to a point where I find that it's all about how we transform ourselves.
Our biggest victory is if we can transform ourselves as a person who can outperform, no matter how worst situation it is. If we can transform, if we can improve, we will surely find a way out.
However, reaching to such high level of understanding needs both time and patience. Patience doesn't mean sitting idle. It's about keep learning, keep doing, keep exploring and wait till you find & reach that level.
So, what exactly do I mean with Annual Growth Rate?
As I told you that after reading books, blogs, watching vlogs and all the stuff I did to learn more insisted me to devise a way. A way by which I could know what exactly am I doing. A way to analyse the parameters on which I could test myself. And, to that method, I have named as "Annual Growth Rate of Learning and Earning".
Let's proceed to know about this mechanism.
Note: However, I have not copied the term from anyone else. If still, it resembles with anyone's, I apologize. My prime focus here is to share what I have learnt. And, when I devised this term, I however didn't find any such term still any resemblance might happen. But, the content written here is written in my own words and belongs to me. No one is allowed to copy it.
How can you measure your Annual Growth Rate of Learning and Earning?
To measure your performance, first you need to analyse yourself. For that, first workout on your resume. But, do ensure that you write only precise things in your resume.
Or, it would be better if you add one additional pages in your resume. On these pages, you need to write all your current skill-sets with their expertise level. The more accurate information you will write, the more accurate results you will have. It's for yourself. So, don't cheat yourself. If you do, you're the bearer of the same.
Note: You don't have to share this information with anyone else so you can mention the true figures, not the one to impress anyone.
Prepare a list of projected skills
Once you are done with preparing a list of all possible skills you do have, your next task comes in projecting yourself. I am going to specify the tasks under this process in list form for easier takeaways. Here is the list of tasks to do:
- Where do you want to see yourself after 12 months?
- What title/position do you want to hold?
- What key skills you are required to reach that position?
- What pay package you want to take away after 12 months?
- What key skills you need to develop to achieve that pay package?
- Is there any specific course or education you need to pursue in order to fulfil your targeted goals?
Once you are done with these stuffs, you have done a major task. Now, proceed with the followings:
There is no better competitor than ourselves.
We're our best competitor. By using this philosophy, I am going to share next set of action for you.
After, you are done with writing who you are and where you want to be, now is the time to take an action. This take an action is more important. Because if you failed to act, there will be no point of doing all these activities we did above.
Now, you need to paste the two resumes on your wall or work desk. Watch this every morning, every night and ensure whether you have achieved it or not. Where you are right now? How much efforts you gave to achieve your goals?
Asking these questions daily will keep you motivated.
Now, you have a clear picture, not in your mind, but on your wall that you have to learn these skills to actually achieve your financial and learning goals.
You can use LinkedIn for enhancing your learning abilities. I'll write an article on "how to enhance your skills using LinkedIn" as well. If not LinkedIn then still we do have so many other options with us which we can utilize to improve our skills. Do check out my LinkedIn profile to understand how much value I give to LinkedIn.
Learn to Communicate
Many of us, even inside the corporate sector, do not know how to communicate effectively. This communication can be either a verbal communication, a written communication via emails or so or other modes of communication. And, I am saying this on the basis of my own personal experiences during past 7-8 years of corporate experience.
Many of us do not know how to write emails. While email writing is a very basic element of corporate world. Second aspect of communication which comes is the verbal communication. Usually, employees fear of saying anything to their employers or bosses or reporting managers. It somewhere creates hindrances in their performance and make them feel inferior. This feeling of being inferior makes them less productive. However, I have written a very short article on LinkedIn about this. Do check it out here..
If this article helps you get rid out of your fear, do let me know in comments. If it doesn't, then do check out this blog on "fear of failure" which is actually one of my own experience. Here is the link:
If none of these work, then seriously, you have to meet me personally.
You're in a big trouble boss.
Don't waste your any further minute in thinking and this worst feeling of fear.
I do have a best program for people like you. This program is called "Discuss with Deepak".
Under this program, I'll handhold you and will work with you to make you a better person personally and professionally. To be a part of this program, all you have to do is send a message on WhatsApp +91-8860035431 or send a DM on any of below social media profiles.