Skill Growth

1
Skill Growth

• Education is what remains after one has
  forgotten what one has learned in school.
• Albert Einstein

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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.

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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.

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4
What is ROI ?

• ROI Return on Investment
• The profit or return from the original invested
  amount.

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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.

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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.

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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.

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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.

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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.

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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.

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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.
• Steves company is looking to cut costs.
• From a business perspective, it is cost
  effective to outsource.

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12
Success is the sum of small efforts, repeated
day in and day out. Robert Collie
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