The 5-Hour Rule #4 - Learning Speed - Outcompete Others Without Working Harder

Michael Simmons Show

In the last few lessons, I covered three “mega-trends” that are fundamentally changing the world we are in. They are...

• The Acceleration Shock: The world is changing 2x faster every 10 years, which means that lifespan of companies are shrinking, and professionals risk falling behind to competition and getting automated out of jobs
• The Great Digitization: More and more people, things, processes are moving online, which means you’re now competing against the best in the world, instead of just the best in your local area
• Demonetization: Due to technology, products and services are becoming cheap or even free. On the other hand, knowledge is becoming a lot more valuable — to the point that companies would pay $10 million per skilled worker.

What does all these changes mean for you?

Learning is the no. 1 thing you need to do for your career and business — so that you have the right knowledge and skills to thrive and succeed in a rapidly changing world. And now is the moment to start learning!

In this lesson, I will talk about why learning speed is so underrated. Most people underestimate the importance of speed in their professional lives, while innovators like Jeff Bezos obsess about it...