Learning From Other Business Owners

There are two important ways we learn.

The first is the formal process of learning. This includes formal education but also the workshops, reading, and the self-improvement courses we take and do.

The second means is the informal process and it is key in our lifelong learning. Let me give you an example.

I have a 9-month old grandson. He learns every day but not through the formal methods. He learns by observation, watching and listening to the world around him. He knows that eating must involve a spoon so, when eating, he wants a spoon in his hand even though he doesn’t use it. Also what he eats is depend on what he sees others eating.

Much of our learning comes from listening, sharing and observing others. We often refer to this as “real-world” experience.

The examples of my grandson is learning through real-world experience. And that learning happens when we connect with our peers and reference groups.

But does informal learning work? Can it be trusted?

According to research, yes it can. Effectiveness depends on two factors among several others. First, finding a person you follow over time who is often typically correct. The second way, one we more commonly employ, is to listen to lots of people on a single issue. If we then average the answers, the result is often quite accurate. This latter method, when tested in the intelligence community has been found to be better than the expert opinion more than 30% of the time.

So why bring this up?

Friday starts a new opportunity for learning. The Power of Business Friday 15, a 15 minute conversation, helps you network with other business owners on a variety of questions.

Chats will be held the first Friday of every month at 12:15 ET, 11:15 CT, 10:15 MT, and 9:15 PT. THE COST IS FREE!!!

To register, go to: http://go.unl.edu/Friday15registration. You will receive an email acknowledgement with information on how to get to the session and about existing and future Power of Business opportunities.

Take 15 minutes to improve your business. Join us online at Friday 15!

Power of Business - First Friday Live Chat

First Friday – Live Chat

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2 thoughts on “Learning From Other Business Owners

  1. article is quite interesting and hopefully true happiness rays began to warm the hearts of us all, when we can share it with sincerity. Greetings from Gede Prama 🙂

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