Updated: Jun 2
Education is an essential tool to achieve personal and professional growth and success. It offers many lifelong benefits for everyone. In this blog I will explain why.
“An investment in knowledge pays the best interest"
Benjamin Franklin, who is one of the founding fathers of the United States, is still famous for this inspiring quote in his book 'The Way to Wealth' (1758). It emphasizes the value of education and learning with its long-term benefits and returns.
Here are five reasons why investing in education is the best investment you can make:
1. Personal development:
Learning will enable you to acquire new knowledge, skills and competencies that can help your personal and professional growth. Furthermore, you can broaden your horizon, increase your creativity and improve your critical thinking decision making. You will develop new ideas, explore different opportunities, achieve set goals, meet other people and have a better understanding of the world around you. If you develop as a person, you will develop as a professional.
2. Career advancement:
Investing in learning can advance your career as you will become more valuable as an employee, your earning potentials can be increased and new career opportunities can arise. Education can open doors and help you to get the life and job you really want. Self-education is the only investment that never will lose its value over time. Yes, there are still people who are very successful without a solid education, but these are the exception on the rule.
In today’s fast-paced and constantly evolving world, it’s crucial to be adaptable and flexible. The new knowledge, skills and competencies can help you stay relevant and up to date in your field and prepare you for future demands and needs. Education will foster cognitive diversity, the ability to think different. In times of recession, it can lower the risk of being unemployed.
4. Competitive advantage:
Education can provide a competitive advantage for yourself as an individual but also for an organisation. Knowledge capabilities such as learning, education, knowledge building and knowledge sharing are crucial to be successful and to achieve sustainable competitive advantage. Stay ahead of the game and your competitors, knowledge will give you extra tools. Don’t be afraid to share knowledge as it is vital to share knowledge in order to multiply knowledge.
5. Improved well-being:
Investing in learning and education is also investing in your overall well-being as it will keep your brain active, can give you a sense of accomplishment and can help you to be more resilient in difficult situations. Education and learning will empower you and can help to fulfil your potential to be happier and to a better life.
“Everyone is a lifelong student”
A big advantage of education is that it is not limited by age. Learning never stops as you can learn anytime in life no matter how old you are. It is a lifelong process that not stops after graduating, completing a course or reading a book.
“Education is a right for everyone”
Education is crucial for growth and success as well for individuals, organisations as for society as a whole. Quality education should be accessible to everyone, regardless someone’s background or social status as everyone plays a role in society.
Show interest in what your friends and colleagues are doing, motivate your children to study and to prepare for the future, support your employees to invest in their personal and professional development, but especially start with yourself by being open-minded!
“Sustainable competitive advantage”
During my MBA study, I explored why football organisations are successful on and off the pitch. I will soon share the dynamic capabilities that form a strategic pathway as it will be powerful for any organisation in order to be (even more) successful and to achieve sustainable competitive advantage.
In one of my next blogs, I will also share the value of my own educational process for my personal and professional development, which opportunities can arise from learning, some risks to consider, different kinds of education and how you can accelerate your learning!