Sajjad Hamid
A new year often means new beginnings and fresh perspectives. You may not have thought about it, but your ability to assimilate and nourish your mind can have a significant impact on your personal and venture development. Would a structured and well-designed learning plan support your goals? The good news is that you do not have to be a curriculum specialist or an academic. All you need to do is master a few key dimensions of autonomous learning.
Our brains are like muscles: if you do not use them, you lose them. You need to develop those neural connections to find patterns and deploy creative problem-solving to uncover hidden opportunities. Henry Ford did not invent the moving assembly line that significantly reduced unit costs; he visited a food packing plant and connected the moving parts to build a mass-production line.
Brain rot
Neuroscientists support the TikTok trend of personal curricula, as they are a self-directed, systematic way of learning that helps prevent mental decline. “The brain thrives on cycles of challenge, feedback, and progress, yet adult life rarely makes space for that kind of experimentation,” says King’s College neuroscientist and author Anne-Laure Le Cunff, on a recent LinkedIn post.
There is the current description of mental degradation as a rotting brain. While “brain rot” is not a term in psychology, our processing speed and ability to deal with mental health challenges, such as anxiety and depression, can create obstacles to higher performance.
Another issue is our inability to assimilate at all. We can read, and many do not, instead spending time watching mindless videos. It’s being literate, illiterate! Videos are like fast food—tasty, quick to get and attractively packed, but lacking in substance. While some YouTube videos foster learning, short-form ones may be promotional or sensational (more likes, the better) and often lack scientific evidence.
Set your learning goals
To avoid reading for the sake of reading and boasting about how many books and podcasts you are exposed to, you need a focused course of study. What gaps do you, as a business owner, need to close? Maybe you need to develop stronger digital marketing skills to implement your social media strategy. You may need to improve your email writing and take a course on becoming a wordsmith.
You want to change your business model, but you need to attend a modelling workshop and hire a mentor to assist with execution. Maybe you need to learn more about cutting-edge developments and seek out conferences and trade shows.
In effect, you need specific, practical, and implementable knowledge resources to improve you and your enterprise’s competence. Just a note, while training is short-term oriented, developmental objectives have a longer horizon. If you need to become a more strategic thinker and write a strategic plan, a short course will not cut it. Beware of speed learning, as some topics may be too complex and in-depth for quick assimilation.
Learning resources
Entrepreneurs want actionable, hands-on interventions. In some business schools, management faculty fall short, as many have never run a company or, worse, started one. This missing experience is a serious problem with academics. While academic knowledge has its purpose, real-world teaching will be more appreciated. Theory is like drawing the building plan and calculating the structural integrity; however, you need a contractor versed in project management to be the practitioner. Theory must meet practice and vice versa.
It is common to encounter successful entrepreneurs who had little traditional schooling. However, it is a misconception that knowledge only comes from universities and colleges. There is the school of hard knocks, as well as books, courses, podcasts, videos, webinars, etc.
Recently, I wanted to expand my knowledge and learn more about cutting-edge developments in family enterprise. I attended a conference hosted by the Family Firm Institute, read a couple of books, researched articles in the Family Business Review journal, and listened to books on Audible when my eyes grew tired of reading. While I like to read, I also need to train my brain to listen to audio material, as this will help develop new brain connections.
Learning schedule
You can set aside an hour per day or several hours per week. I like to listen to an audiobook for 30 minutes before bed, and on weekends I read on my Kindle. I cannot listen to a podcast while I am exercising, as my attention span does not hold up as well. Of course, we know that multitasking requires the brain to switch back and forth, as our minds do not handle this very well.
You can set a goal of reading at least one book per month. Magazines are my absolute favourites, and while I enjoy reading Inc. magazine (about entrepreneurs), I often keep abreast of scientific developments. My periodicals of choice are Scientific American (the longest continuously published periodical) and Harvard Business Review (over 100 years old) for the latest in management thinking. Some membership organisations publish their own periodicals, such as the Family Firm Institute.
Application
Putting your learning to work requires a different skill. Reading how to ride a bicycle and actually riding it are two different sides of the same coin—improving your riding skills. One way to make it stick is to have a “study buddy” to bounce ideas off. You can share experiences with others and seek feedback.
Since I need a lot of learning material to write, I have to search for and assimilate it, then synthesise it for my target audience. This way, coupled with doing a lecture on the topic, helps it stick. The knowledge curve is on increasing returns when used repeatedly. When your brain can integrate different learning experiences and subliminally connect apparently disparate data points, the result is compound knowledge. You are now like a human AI on steroids!
Update your curriculum
Knowledge assets have a time value like money—they are worth more today than tomorrow. Since the shelf life of intellectual resources is limited, constant renewal is imperative. Reading memoirs, such as Becoming by Michelle Obama and Born a Crime by Trevor Noah, offers a chance to see success in different contexts.
Your business has a life cycle like you; you need to update your curriculum as circumstances change. If you want to unlock your full potential and expand your business, developing a personal curriculum is your path to becoming a successful entrepreneur.
Sajjad Hamid is an SME & family business advisor as well as a fellow of the Family Firm Institute. He can be contacted at entrepreneurtnt@gmail.com
