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The 5-Hour Rule #4 - Learning Speed - Outcompete Others Without Working Harder

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Manage episode 288328490 series 2900175
Content provided by Michael Simmons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Simmons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In the last few lessons, I covered three “mega-trends” that are fundamentally changing the world we are in. They are...

  • The Acceleration Shock: The world is changing 2x faster every 10 years, which means that lifespan of companies are shrinking, and professionals risk falling behind to competition and getting automated out of jobs
  • The Great Digitization: More and more people, things, processes are moving online, which means you’re now competing against the best in the world, instead of just the best in your local area
  • Demonetization: Due to technology, products and services are becoming cheap or even free. On the other hand, knowledge is becoming a lot more valuable — to the point that companies would pay $10 million per skilled worker.

What does all these changes mean for you?

Learning is the no. 1 thing you need to do for your career and business — so that you have the right knowledge and skills to thrive and succeed in a rapidly changing world. And now is the moment to start learning!

In this lesson, I will talk about why learning speed is so underrated. Most people underestimate the importance of speed in their professional lives, while innovators like Jeff Bezos obsess about it...

  continue reading

17 episodes

Artwork
iconShare
 
Manage episode 288328490 series 2900175
Content provided by Michael Simmons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Simmons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In the last few lessons, I covered three “mega-trends” that are fundamentally changing the world we are in. They are...

  • The Acceleration Shock: The world is changing 2x faster every 10 years, which means that lifespan of companies are shrinking, and professionals risk falling behind to competition and getting automated out of jobs
  • The Great Digitization: More and more people, things, processes are moving online, which means you’re now competing against the best in the world, instead of just the best in your local area
  • Demonetization: Due to technology, products and services are becoming cheap or even free. On the other hand, knowledge is becoming a lot more valuable — to the point that companies would pay $10 million per skilled worker.

What does all these changes mean for you?

Learning is the no. 1 thing you need to do for your career and business — so that you have the right knowledge and skills to thrive and succeed in a rapidly changing world. And now is the moment to start learning!

In this lesson, I will talk about why learning speed is so underrated. Most people underestimate the importance of speed in their professional lives, while innovators like Jeff Bezos obsess about it...

  continue reading

17 episodes

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