January 15 2009
How often are you investing in yourself? Are you taking trainings to make yourself better? Stephen Covey says that you must “Sharpen The Saw” regularly. Sharpen the saw equals sharpen your skills. All to often Entrepreneurs spend so much time doing what they do but no time do they spend anytime at all “Sharpening Their Saw” .
Training is one of the most important things that business people should do for themselves. Here is a mathmatical formula to show you how much you should be spending on your training and education
Annual Income $,___________x 10% = Investment in your self improvement
I personally have invested ore than $100,000 in my expert ice as a Referral Expert with the Referral Institute. How much have you spent on your self improvement? This is not the place to cut your budget!
If you are going to be the expert in your field, you must keep your saw sharp or someone else will clear cut your forest!
Hazel owns and operates a franchisee of Referral Institute, a worldwide referral marketing training organization. As a Master Trainer, Hazel provides business-expansion expertise to entrepreneurs and corporations by teaching business professionals comprehensive referral marketing stratagem. In 2006, her franchise earned both the Top-Grossing Franchise award and the honor of hosting the Referral Institute International Conference.
About: Hazel Walker
Hazel M Walker, owns three award winning franchise's. She is a 10 year owner of two BNI Franchises where she teaches members how to leverage their time and network to build each others businesses. She is also a Referral Institute franchise owner and teaches Business Owners how to harness the Science of Referrals to develop Referrals for Life. Hazel is a published author in New York Times best sellers Masters of Networking and Masters of Sales. As a member of the National Speakers Association she travels the world speaking to businesses and women's organizations on the topics of networking to create a life you love.
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January 15th, 2009 at 3:49 pm
Great reminder to continue learning, growing and sharpening your skill-set.
I am grateful to be a passionately curious woman.
Hiring a mentor coach was one of the best decisions I’ve made for True Balance. Professional Coaching keeps me sharp and focused.
Cheers!
Shann
June 9th, 2009 at 9:33 pm
Brava, Hazel.
I found your post while researching women’s willingness to spend on their own development and well being. I can directly correlate breaking through the barrier of genteel poverty into successful self-employment with investing in coaches and all manner of training.
I know it is scary to spend money on professional development, but it is essential. Make a list of the three or four top priorities for your business or career this year. Compare professional development opportunities against this list. When there’s a match, check out the reputation of the person or organization before you decide to invest.
Spending on professional development is far more economical than reinventing the wheel and burning out. And there’s a significant hidden bonus. When you invest in professional development, you connect with others, tapping into webs of information, insight, and support that just aren’t available when you do it all yourself.
Thanks for a great post.
Molly