The 10% Rule for Professional Development
Enhancing ones skills to be more capable in professional settings is a desire of many, but too often we do not set up a structured framework for constant progress.
Some take experience as it comes at them, some take opportunities if they are convenient & some show effort for short bursts of time.
None of these are a recipe for prolonged growth.
Just like our muscles need to be consistently pushed & worked to be healthy; our minds need to be consistently stretched to grow.
A framework I use is The 10% Rule to help accelerate my individual progress.
3% of annual income + 7% of my time devoted to learning, networking & getting outside my comfort zone.
Someone with $75K/yr salary would invest $2,250 in themselves through books, courses etc.
168 hrs/wk x 7% = 12 hrs/week.
12 hrs/week devoted to reading books, going to courses etc that the 3% expenditure bought to ensure a consistent focus on developing.
This framework ensures consistent investment in oneself.
Not everyone can afford that sort of investment/time, but determine what works for you & will consistently allow you to progress. Try a 5% rule: 1% of income & 4% of time.
The point is consistency & holding oneself accountable for it weekly, monthly or quarterly.