Diligent Learning is Imperative for Business Success Today

By Mark Sheffield, Principal
ASL Emerging Business Group

In a previous Emerging Business Group seminar, we talked about the importance of diligent learning. In case you missed it, here is a snapshot:

Some experts on learning say the world is changing so rapidly that only fifteen percent of what we know today is likely to be relevant in five years. So, in five years our knowledge will be 85% irrelevant unless we are diligent learners. Diligent learners are not necessarily the smartest people, but they usually surpass the smartest people, like the tortoise and the hare, in their accomplishments. They know how to persistently learn. Diligent learners are on a constant trajectory in gaining relevant knowledge; while the relevant knowledge of average learners decreases over time. Here are two attributes of diligent learners:

(1) Diligent learners are curious. They constantly read relevant periodicals like the Wall Street Journal, industry blogs, and business books. They focus on asking the right questions on important issues and then look for answers. Are you curious enough to listen more, seek feedback, and get some coaching or help as needed in order to discover the most valuable information for your business success?

(2) Diligent learners are open to conviction. Conviction in this context means being convinced of an error in your thinking or a gap in your understanding.  Diligent learners constantly ask themselves:  “Might I be wrong?” “Do I really understand this?” “Am I open-minded enough?” “Is what I know getting in the way of what I don’t know, but need to learn?” Diligent learners are much easier to teach than average learners. Because they know they don’t know it all. There is a phrase for the often proud, average learners: “they’re too smart for their britches.” There’s an old saying: “It’s not what you don’t know that gets you in trouble, it’s what you know that ain’t so.”

Our Emerging Business Group holds monthly seminars. Our next seminar is during lunchtime on Wednesday, February 22, 2017, about Intellectual Property (IP) Essentials for Emerging Businesses. If you’d like to learn more, please follow this link: http://aslcpa.com/talks/intellectual-property-ip-essentials-emerging-businesses/