10% Budget for Growth
Every successful business invests 10 percent or more of the revenue that they generate in innovation or brand marketing or learning. This creates a virtuous cycle of growth. In absence of this investment, we enter into stagnation and a fixed mindset.
It’s important to think of our career as a business and invest 10% of what we earn in our growth through learning, building connections and creating assets of trust.
Let’s say you are earning INR 80,000 (approx $1,000) a month. Budget 10% of that amount for investing in learning and growth. Which means you can take a few people out for lunch to build your network. Or you can invest in hiring a professional designer for your website. Or you can sign up for Akimbo or Creative Live or Masterclass or the other learning platforms to up-skill.
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