Career 02 September 2020
Our world has become one that is always connected. You can easily pick up the phone and call someone from the other side of the globe and be connected instantly with them. The one issue that comes into play now is what language to speak.
There are thousands of languages worldwide, and to say that one is better than the other would be incorrect. All languages are unique and useful. However, when it comes to looking at practicality, you do have to consider what languages are practical to learn.
For the longest time, English has risen above the pack as the most common language around the world. It is considered to be the language of business and is becoming mandatory for people to learn. But why should you learn English? Here are three reasons why learning English will get you higher on the career ladder.
It Is the Language of Business
As mentioned earlier, English is the language of business. Whenever you are looking to do a deal with someone around the world, it is expected that you both speak in English. If this is not possible, then people are expected to hire and bring translators into the room to assist with your communication.
By learning English, you can not only become a valuable asset to your company by being able to negotiate with other English speakers, but you also can work as a translator for them if they ever need it. There are many different guides and resources, free and paid, that will help you learn English. By using these language learning resources, you can become fluent in the language and greatly assist your company. You will open up opportunities for you and your company if you are able to learn and master English.
Opens New Job Opportunities
As mentioned above, by learning English, you are opening up plenty of opportunities in your workplace. Your bosses will likely notice this as well and look to place you in higher up positions. Positions of power within a company require versatility and the ability to adapt and change. Not only is English mandatory for these positions, but by learning the language, you show that you have the ability to be versatile and learn new things.
These are skills that are highly sought after in the workforce and can greatly benefit you. Before long, you will be rising to the top with skills that not many others have within your company. English is excellent for helping you climb the corporate ladder, as it creates more opportunities for you to communicate with the company's partners.
Shows Good Work Ethic
When it comes to promotions and representing the company in a higher position, employers want to know that they are making the right choice. They don't just want someone who is good at the job that is required. They want someone who is able to go above and beyond what needs to be done and will do so without seeking praise. They are searching for initiative and work ethic.
Learning a language like English shows that you are willing to take the time to improve yourself and improve your knowledge. English is not an easy language to learn as well, as it can take a year if not longer to become fluent in it. Showing that you can stick to a task like that for such a long time period will prove to your employers that you are dedicated to working towards goals.
People will notice this in your workplace, even if there are no positions that require English. The sole nature of learning the most spoken language in the world shows that you are willing to do what is necessary to get ahead. It is a great way to rise the corporate ladder as your bosses will notice you, and they will reward you for your work ethic and dedication.
These three reasons are all great examples of why you should learn English, no matter where you are. While learning it is great, do not let it replace all of the other languages you have learned as no language is truly superior to another. Remember to stay dedicated to the cause and to push through any difficulties.
English is deemed to be one of the most challenging languages in the world to learn due to the fact that there are not too many patterns. As a result, you might find yourself in situations where you might want to give up or where things are not making sense. If this happens, it is important to stay goal-oriented and remember what is possible for you if you learn the language.
The strides that you will make in your career are well worth the struggles and difficulties that you will endure. Hang in there and work hard, and before long, you will be fluent in English. When do you plan to start learning English?
3 Min Read
"How did you ever get into a business like that?" people ask me. They're confounded to hear that my product is industrial baler wire—a very unfeminine pursuit, especially in 1975 when I founded my company in the midst of a machismo man's world. It's a long story, but I'll try to shorten it.
I'd never been interested to enter the "man's" world of business, but when I discovered a lucrative opportunity to become my own boss, I couldn't pass it up—even if it involved a non-glamorous product. I'd been fired from my previous job working to become a ladies' clothing buyer and was told at my dismissal, "You just aren't management or corporate material." My primary goal then was to find a career in which nobody had the power to fire me and that provided a comfortable living for my two little girls and myself.
Over the years, I've learned quite a few tough lessons about how to successfully run a business. Below are five essential elements to keep in mind, as well as my story on how I learned them.
Find A Need And Fill It
I gradually became successful at selling various products, which unfortunately weren't profitable enough to get me off the ground, so I asked people what they needed that they couldn't seem to get. One man said, "Honey, I need baler wire. Even the farmers can't get it." I saw happy dollar signs as he talked on and dedicated myself to figuring out the baler wire industry.
I'd never been interested to enter the "man's" world of business, but when I discovered a lucrative opportunity to become my own boss, I couldn't pass it up.
Now forty-five years later, I'm proud to be the founder of Vulcan Wire, Inc., an industrial baler wire company with $10 million of annual sales.
Have Working Capital And Credit
There were many pitfalls along the way to my eventual success. My daughters and I were subsisting from my unemployment checks, erratic alimony and child-support payments, and food stamps. I had no money stashed up to start up a business.
I paid for the first wire with a check for which I had no funds, an illegal act, but I thought it wouldn't matter as long as I made a deposit to cover the deficit before the bank received the check. My expectation was that I'd receive payment immediately upon delivery, for which I used a rented truck.
Little did I know that this Fortune 500 company's modus operandi was to pay all bills thirty or more days after receipts. My customer initially refused to pay on the spot. I told him I would consequently have to return the wire, so he reluctantly decided to call corporate headquarters for this unusual request.
My stomach was in knots the whole time he was gone, because he said it was iffy that corporate would come through. Fifty minutes later, however, he emerged with a check in hand, resentful of the time away from his busy schedule. Stressed, he told me to never again expect another C.O.D. and that any future sale must be on credit. Luckily, I made it to the bank with a few minutes to spare.
Know Your Product Thoroughly
I received a disheartening phone call shortly thereafter: my wire was breaking. This horrible news fueled the fire of my fears. Would I have to reimburse my customer? Would my vendor refuse to reimburse me?
My customer told me to come over and take samples of his good wire to see if I might duplicate it. I did that and educated myself on the necessary qualities.
My primary goal then was to find a career in which nobody had the power to fire me and that provided a comfortable living for my two little girls and myself.
Voila! I found another wire supplier that had the right specifications. By then, I was savvy enough to act as though they would naturally give me thirty-day terms. They did!
More good news: My customer merely threw away all the bad wire I'd sold him, and the new wire worked perfectly; he then gave me leads and a good endorsement. I rapidly gained more wire customers.
Anticipate The Dangers Of Exponential Growth
I had made a depressing discovery. My working capital was inadequate. After I purchased the wire, I had to wait ten to thirty days for a fabricator to get it reconfigured, which became a looming problem. It meant that to maintain a good credit standing, I had to pay for the wire ten to thirty days before my customers paid me.
I was successful on paper but was incredibly cash deprived. In other words, my exponentially growing business was about to implode due to too many sales. Eventually, my increasing sales grew at a slower rate, solving my cash flow problem.
Delegate From The Bottom Up
I learned how to delegate and eventually delegated myself out of the top jobs of CEO, President, CFO, and Vice President of Finance. Now, at seventy-eight years old, I've sold all but a third of Vulcan's stock and am semi-retired with my only job currently serving as Vice President of Stock and Consultant.
In the interim, I survived many obstacles and learned many other lessons, but hopefully these five will get you started and help prevent some of you from having the same struggles that I did. And in the end, I figured it all out, just like you will.