You have entrepreneurs, and then you have rockstars. They are always learning something new, and continually doing what they can to grow their business. According to Herald Net, lifelong learning helps set them apart from everyone else.
Bob Maphet is one of these people. He co-founded Diamond Knot Brewing in 1994 while working at Boeing. The company, much like a hobby at the time, just seemed to go out of control. He has learned many lessons during those years, and now he is enrolling in an accelerator program to learn some more.
“I wanted to make an investment that would help me sort out the things that needed to happen and how we could move Diamond Knot forward using more formal business training,” he said.
Professional development is common in large companies but often gets slashed in financial crisis. Most small businesses do not plan or budget for professional development, regardless of financial strength; certainly a shortcoming. This very investment can enhance the skills and competency of those within the organization and is just the ticket for potential immediate and long-term return on investment. Not only does this signal to your staff that they are valued and worthy of the training and development, it also helps them become more efficient, effective and committed to the enterprise.
Tuition reimbursement programs are another benefit that has been used within large companies to lure talent and also encourage employees to pursue formal education. This would be a luxury for a small business.
Yet Maphet believes that the college classes his managers will take and the training that will be made available in the future at Diamond Knot is going to make a big difference for the enterprise.
Photo by Brad Montgomery
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