Training is Your Competitive Edge

Whether you are self-employed or working for a corporation, training is your competitive edge to your future success. It sets you apart from the competition, boosts your confidence, and moves you into future success.

by Pete Ferguson

According to USA Today's August 10th newspaper, companies are cutting back in training. This is causing a skills gap, which makes it harder for companies to find new qualified workers.

It is a self perpetuating circle. Companies have fewer funds for training, so turnover is higher.

"Firms have grown weary of paying workers to gain skills only to watch them soon defect to competitors." ~ Susan Cantrell, Accenture consultant.

But I see an upside not mentioned in the article. If you are an employer, the more training you provide, the better you can attract quality employees. If you are self-employed, now is the time to increase your personal development to get an edge on the competition.

"Employers want people to hit the ground running. They don't want to train anybody" ~ Peter Cappeli, Wharton School of Management Professor.

Even the government has dropped funding this year for training unemployed workers by 16% compared to five years ago.

And if you are an employee, student, or stay-at-home mom or dad, now is the time to open your own ME University for ongoing development and training. Because if you do not open it and start attending, no one else will.

So, how do you start? How much money will you need?