Tag Archives: How to Know If Your Dreams of Becoming a Millionaire Will Never Come True

The 4 Ways of How to Build a Learning Culture While Your Workforce is Remote

 

Mandating a three-hour webinar training is no longer going to cut it.

BY MARCEL SCHWANTES, FOUNDER AND CHIEF HUMAN OFFICER, LEADERSHIP FROM THE CORE@MARCELSCHWANTES


4 Ways to Build a Learning Culture While Your Workforce Is Remote

As business leaders and individuals grapple with the staggering impact of Covid-19 one thing has become undoubtedly clear. In order for leaders to foster organizational resilience and weather the post-pandemic storm, they must prioritize the learning and development of their workforce.

I don’t mean mandated Zoom presentations in which employees multitask on the side. What I mean is flexible, passion-driven learning where employees learn what they want, when they want and on their own terms.

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Shelley Osborne, VP of Learning at Udemy, offers a much-needed revision to corporate training in her new book: The Upskilling Imperative: 5 Ways to Make Learning Core to the Way We Work. In it, Osborne challenges traditional, one-size-fits-all approaches to training that are no longer relevant to modern workers–let alone those working remotely.

Shelley recommends the following to help leaders develop an effective and sustainable learning culture–with an eye toward continuous employee growth and long-term business success during (and beyond) Covid-19.

Demonstrate how learning drives business success

“When beginning to build their learning culture, leaders must consider that employees need to understand how their learning impacts business outcomes,” says Osborne.

As businesses continue to operate with limited staff or reduced capacity, it’s critical for employees to stretch their skill sets further and fill tasks and roles they wouldn’t normally. Individuals are more likely to learn and seek out learning when they understand the role it plays in overall business success.

“Leaders can signal the value of learning throughout the organization by setting aside their own time for it and sharing with their teams and the broader organization what they’re learning,” she says. “This makes it clear to employees that learning at work is not only accepted, it’s encouraged.”

Let your employees define flexibility for continuous improvement

Harnessing the power of learning isn’t as simple as rolling out more training modules or sending people to a slew of workshops.

Employees require more flexibility today than ever before, and that is especially true when it comes to learning. Due to Covid-19, parents are working double duty as busy professionals and homeschool teachers, while other employees navigate the nuances of working remotely with roommates. Bottom line: mandating a three-hour webinar training is no longer going to cut it.

Building a sustainable learning culture means giving employees time and space to learn where and when they want. Doing so will encourage them to seek out new learning opportunities independently and allow for psychological safety and the ability to learn.

“One of the greatest leadership lessons I’ve learned is that we must recognize we aren’t perfect and there is always room to learn and grow,” says Osborne. “When you have teams and businesses that provide flexibility for growth and development, we can all continuously improve.”

Focus on change agility

We need to do more to lay the groundwork for unexpected change. However, this preparedness can’t be exclusive to pandemics and recessions. We must understand and accept that change is constant, necessary, and beneficial for surviving and thriving in today’s workplace.

Osborne refers to this type of adaptability as “change agility”–seeing change as an ongoing opportunity, not as a threat or liability. And at the center of change agility is continuous learning.

“Grounding a company’s culture in learning is the surest way to navigate through change,” says Osborne. “A strong learning culture empowers employees to upskill themselves in the face of change, continually grow and adapt to new challenges.”

Continuous learning & Covid-19

If there is one message Osborne would like readers to take away from her book, it’s that learning programs must evolve with the times. Traditional approaches to training (a la overhead projector and chalkboards) were built for a world we don’t live in anymore. What’s more, they aren’t engaging for today’s workers who are accustomed to consuming digital content on their own terms. This was true before the pandemic and it’s undeniable now.

Beyond modernizing the learning experience at work–companies need to transform at every level into learning-driven organizations, where working and learning are inextricably linked.

As companies continue to navigate this new environment, Osborne is optimistic that the fundamental shift toward flexible, accessible online learning is here to stay. AUG 29, 2020. Like this column? Sign up to subscribe to email alerts and you’ll never miss a post. The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.


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How to Know If Your Dreams of Becoming a Millionaire Will Never Come True

How to Know If Your Dreams of Becoming a Millionaire Will Never Come True

7 Signs your dreams of becoming a millionaire will never come true.

By Grant Cardone, Self Made Millionaire, Author, and Real Estate Expert

Do you hold your breath every time you check your bank account balance? 

Are you shocked when your monthly credit card statement arrives?

Do you think you’re earning a good salary until you see how little is left over…

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How to Know If Your Dreams of Becoming a Millionaire Will Never Come True

7 Signs your dreams of becoming a millionaire will never come true.

By Grant Cardone, Self Made Millionaire, Author, and Real Estate Expert


Do you hold your breath every time you check your bank account balance? 

Are you shocked when your monthly credit card statement arrives?

Do you think you’re earning a good salary until you see how little is left over after taxes and expenses?

If you answered yes to any of these questions, then you’re not as good at managing your money as you could be…

…and you can increase your income by signing up for my 10X Income Webclass.

Here are 7 signs that you need to improve the way you handle your money:

  • You only have one stream of income 

Not monitoring how much much money goes in and out of our accounts is like riding in a car with nobody behind the wheel. Keeping track of your monthly income and expenses is essential to financial security. If you’re spending more than you’re making, a thorough review of your expenses will help you get rid of the non-essentials and get on the road to financial stability. 

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  • You focus more on saving than earning 

There’s good debt like investing in your future to build wealth. Then there’s bad debt that comes from excessive credit card use and the resulting high interest rates. Paying those rates is like throwing money out the window. The more you use the plastic the deeper into debt you go until it’s almost impossible to pay it off. If you have credit card debt, pay it down as quickly as possible. Make this your top priority. The money you’re paying in interest could be used for real investments.

  • Buying pretty things you don’t need 

Once again, if you don’t keep track of your monthly expenses, both fixed and variable, how can you manage your money? Don’t get lulled into a false security because of autopay and think you can ignore your bills. Keeping on top of your bills means no unexpected phone calls from debt collectors or other unpleasant surprises. It also means a bigger chance of having something left over to invest.

  • You give into comfort 

Anyone who knows me understands that I don’t save money. I store it until I can invest it, most often in real estate. Saving money in a bank earns you next to nothing with today’s interest rates but regardless of whether you save or invest, you’ve got to put some money away whenever you earn it. 10% of your net income is a good place to start. You’d be surprised at how quickly it can add up. When it does, then you can multiply it like I did.

7 Signs Your Dreams of Becoming a Millionaire Will Never Come True
  • You prefer safety over prosperity 

Are you struggling to pay your bills? Think you’ll have to work forever because you won’t be able to retire? When’s the last time you spent money on something fun? If questions like these are constantly stressing you out, it’s time for a change which means it’s time for a change of strategy. People who manage their money rarely have to worry about it.

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  • You’re not investing in income-producing assets

I know what you’re thinking. “How can I invest when I can’t even pay my bills?” I’ve got news for you. Very few investors (including me) invest entirely with their own money. Borrowing money to invest is the kind of debt that gets you somewhere, unlike credit card debt. Even in this economy there are opportunities particularly in real estate, which I know a thing or two about. 

  • You’ve got no emergency fund.

Safety net. Backup. Money cushion. Whatever you call it, you need to have money on the side for emergencies because they happen to us all sooner or later. Not having any money put away means you’ll have to put it on the card when an unexpected situation occurs. That means getting deeper in debt. Plus, there might be some situations where you can’t just break out the plastic. What if you and your family have to flee a natural disaster that’s knocked out the power? Scenarios like this make it vital to have some sort of backup funds. The only way to make that happen is responsible money management.  

Look, I get it. I know what it’s like to stretch a dollar and live paycheck to paycheck. Sometimes I didn’t even have a paycheck. When I started out I didn’t know anything about managing money because I had no money to manage. But when I had finally had enough of being broke and struggling, I began to study people who had money and what they did with it. Then I became disciplined and put what I learned into practice. Now, when it comes to money I can tell you I don’t worry about it. I think about how I can multiply it. I’m sure you’ll enjoy it as much as I do. 

7 Signs Your Dreams of Becoming a Millionaire Will Never Come True

If you want to learn how to manage your money, grow your income, transform your life or achieve any other goal, I can show you how to make it happen in my 10X Income Webclass.

-Grant Cardone

 

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