1 / 14

Skill growth

skill growth, entrepreneur, income, make money

finlitgal
Download Presentation

Skill growth

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Skill Growth • “Education is what remains after one has forgotten what one has learned in school.” • Albert Einstein www.lifethenfinance.com

  2. Who is a life-long learner ? • This a person who learns at every opportunity. • They stay current on topics they are interested in and how they relate and may impact their career. • A life-longer learner will purse educational opportunities outside of traditional schooling e.g. workshops, seminars etc. to increase their income potential over their lifetime. www.lifethenfinance.com

  3. Increasing your skills • Attend seminars and conferences • Read books • Subscribe to newsletters, blogs and/or RSS feed • RSS feed – internet news feed that delivers information to a person based on their preferences. • Enroll in classes at a university or college to learn the latest research within their industry. www.lifethenfinance.com

  4. What is ROI ? • ROI = Return on Investment: • The profit or return from the original invested amount. www.lifethenfinance.com

  5. How is college an Investment ? • College or trade school is your first large investment. • Your investment in building skill sets requires an investment but can provide excellent returns. www.lifethenfinance.com

  6. ROI for investing in a college education: • If you invested $100 and you made $50, that is a 50% ROI. • The average college graduate earns about $400k more than just high school graduate. • If you pay $30,000 to earn $400k more, that is a good investment. www.lifethenfinance.com

  7. Options for investing in education: • Attend a community college. • Apply for scholarships and grants. • Fill out the FAFSA. • Work with a college planner • Apply for state and college scholarships. www.lifethenfinance.com

  8. Set yourself Apart: • Globalization has lead to increased competition for jobs. • Your career choices and skill set will determine if you can compete on a global level. www.lifethenfinance.com

  9. Set yourself Apart: • What is outsourcing? • Outsourcing – The practice of having various job functions completed outside of a company, rather than completed within the company. www.lifethenfinance.com

  10. Why do companies outsource ? • People in other counties can work much cheaper because of the cost of living and many have access to college education • Cost of living – The average cost of basic necessities for survival. www.lifethenfinance.com

  11. Outsourcing Scenario: • Steve is a good writer and is proficient in Microsoft Office products, speaking on the phone and general office duties. She lives in Los Angles, CA and gets paid $15 per hour and needs to earn at least that much to afford her expenses. • HOWEVER: • Safu has these skills (very similar), too. He lives in India and works for $4 per hour and needs to earn that much to afford his expenses. • Steve’s company is looking to cut costs. • From a business perspective, it is cost effective to outsource. www.lifethenfinance.com

  12. “Success is the sum of small efforts, repeated day in and day out.”Robert Collie www.lifethenfinance.com

More Related