
As a small business owner, you’re constantly juggling tasks—managing inventory, marketing your products or services, balancing your books, and everything in between. It’s easy to get so entrenched in the daily grind that professional learning and personal growth take a backseat. But here’s the truth: whether you’re making $2,000 or $10,000 a month, being coachable and teachable is essential for sustained success.
It doesn’t matter how long you’ve been in business—there’s always more to learn. The moment you think you know it all is the moment you start falling behind. Successful entrepreneurs stay curious, adaptable, and willing to grow from the knowledge and experience of others.
Why Being Coachable and Teachable Matters
You might think you can only learn from people making more money or with more experience than you. That’s a mistake. Valuable insights can come from anyone—people making less than you, peers, mentors, customers, or even competitors. Why?
- Diverse Perspectives: Others may approach problems differently, uncover opportunities you’ve overlooked, or introduce you to strategies you haven’t tried.
- Learning from Mistakes: Hearing about someone else’s challenges can help you avoid similar pitfalls in your own business.
- Fresh Ideas: Even the most seasoned entrepreneur benefits from new ideas or ways of thinking.
No matter your level of success, staying open to learning ensures you stay competitive, innovative, and ready for whatever comes your way.
How to Incorporate Professional Learning into Your Busy Schedule
You may wonder, “Where do I find the time to learn when I’m already stretched thin?” The good news is you don’t have to attend an Ivy League class or take a six-month sabbatical. Here’s how to make learning fit your life:
1. Start Your Day with Knowledge
Make professional growth a part of your morning routine. Personally, I listen to audiobooks or webinars while getting ready for the day. Keep a notebook nearby so you can jot down standout ideas or actionable tips.
2. Learn on the Job
If you’re in retail, pop in your earbuds and listen to podcasts or online courses while stocking shelves or handling paperwork. Even when customers are in the store, you can discreetly absorb valuable knowledge.
3. Attend Networking Events
There’s something powerful about face-to-face connections. Networking events and business talks allow you to engage in real-time discussions, ask questions, and learn from the successes and failures of others. Plus, they’re a great way to build relationships that might turn into partnerships or referrals.
4. Balance Work and Training
Professional development doesn’t have to consume your entire day. Dedicate small blocks of time—15 to 30 minutes a day—to reading, listening to podcasts, or taking online courses. Schedule these moments as intentionally as you would a client meeting or sales event.
5. Go Beyond Listening
Listening or reading is only half the battle. Action is what makes learning effective. Avoid overloading your brain with knowledge you never use. Focus on implementing one or two key takeaways at a time.
What to Read or Listen To
The best books, podcasts, or webinars depend on your industry and areas you want to improve. Here are some ideas to get started:
- Retail Owners: “Retail Pride” by Ron Thurston or “Why We Buy” by Paco Underhill, review this list of 2024 Top 20 books about retail https://hemibooks.com/best-book-about-retail/
- Marketing: “Building a StoryBrand” by Donald Miller or “This is Marketing” by Seth Godin, review this list of 2024 Top books on marketing https://www.bestproductsreviews.com/marketing-books
- Leadership & Growth: “Good to Great” by Jim Collins or “The 5 Levels of Leadership” by John Maxwell, review this list of 2024 Top books on marketing https://businessleadershiptoday.com/best-leadership-books/
- Personal Development: “Atomic Habits” by James Clear or “The Slight Edge” by Jeff Olson, review this list of Top 2024 books on personal development https://www.bestproductsreviews.com/personal-development-books
If you’re not sure where to start, look for books, podcasts, or courses tailored to your weak areas. Whether it’s financial management, customer service, or time management, there’s a wealth of resources out there.
The Importance of In-Person Learning
While books, podcasts, and webinars are fantastic tools, there’s immense value in attending live events. Here’s why:
- Engagement: In-person learning fosters active participation and deeper conversations.
- Networking Opportunities: Meeting other business owners allows you to exchange ideas and make valuable connections. Join a Get Local Connect Group near you. Send me an email to get connected today: joanne@getlocalsc.com
- Accountability: It’s easier to stay motivated and follow through on what you’ve learned when you’ve discussed your goals with others.
Attending a live workshop, joining a local networking group, or even sitting in on a business talk can provide a sense of community and fresh inspiration that online learning alone cannot replicate.
The Bottom Line: Be a Lifelong Learner
Being coachable and teachable isn’t just a one-time effort—it’s a mindset that separates thriving businesses from those that stagnate. Whether you’re just starting out or you’ve been in business for decades, there’s always room to grow.
Remember: success isn’t just about how much you know; it’s about how much you’re willing to learn, adapt, and take action. So, pick up that book, join that group, or listen to that podcast—but don’t stop there. Apply what you learn, share your insights with others, and watch your business flourish.
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