Last year I was speaking to a group of people about how to get a competitive advantage. It was a mixed audience of professionals and college students, so I wanted to give them some practical ways that they could create a competitive advantage for themselves.
I ended up telling them this, off the cuff, near the end of the presentation and it was well-received and several people asked me to write it out and send it to them. So I did.
I’m including a version of that same information here. And the truth is, I give this same information to A LOT of people (not just those in that one presentation), and I use it for myself. It always pays off. I encourage you to use it.
This applies to anyone who has a job and wants a promotion, for anyone who wants to get a new job, and for anyone who wants to start a business or grow their business.
THE SIMPLE WAY TO GET A COMPETITIVE ADVANTAGE
For those who are graduating, entering a new educational program, or who aspire to a better job in a few years from now, here is a very effective strategy to give you a competitive advantage no matter what you want to do…
1. Start a blog. You can get them for free from blogging platforms like blogspot.com or wordpress.com (there are others places but those are the best two.) You can also pay for a blogging platform but it’s not necessary for what I’m suggesting.
2. Blog regularly about the job you WANT to have. For example, write about something you learned that could apply to the future job; ask a question and seek out the answer; share some reading you’ve done and research you’ve encountered; etc. If you’re bold, shoot the occasional video, post it on YouTube, and embed it into your blog. If you’re REALLY bold, find the experts in your field and interview them. There’s a lot more you could, too, but let’s keep it simple.
3. Keep at it! :) Keep at it for a couple of years. Plan for 5 years but you may start seeing some benefits from this even sooner. You don’t have to do a ton of work; 20-30 minutes a week is probably enough. (Of course you can do more but you also don’t want to burn out.) There will be times when you won’t want to blog but this strategy really only works when you persist. During this time, amazing things will happen: you’ll accelerate past your peers in your knowledge, you’ll build a small following of people who read your work and respect what you have to say, and you’ll grow a large body of work that may or may not apply to the job you’re doing now… but will most importantly, it will make you an expert for the job you want to have.
Note: you might wonder how you could possibly blog about a topic that you’re not already an expert in, or why others would even read that. But think of it this way: you don’t have to be an expert to start; you’re blogging about your journey of knowledge acquisition… and that’s exactly what other people want to read!
4. Publish. A few months before you start applying for your ideal job, gather together your best blog posts and turn those blog posts into chapters of a book. Then go to CreateSpace.com and publish your book. It doesn’t cost anything. The book will be sold on Amazon (and elsewhere).
5a. Apply for that promotion or job! Now start applying for that job. You will go into your job interview with an unparalleled depth of knowledge about your field, you’ll also have a following of people who view you as an expert, you’ll maybe have interviewed some industry experts too, and you’re the author of a book ABOUT the very topic of the job you’re applying for. Compared to the other applicants, you will be a rock star.
5b. Start that business. You’ll have a body of work already established, proof that you know what you’re talking about. You’ll be a subject matter expert simply by the fact that you’ve spent that long talking about it and exploring what others are saying. You’ll probably have an audience by this point. And, of course, you’ll have your first product — a book.
BONUS: Leverage. Although this is a long-term view and (at times) you will forget why you’re doing it or you will have trouble sticking with it, remember that this gives you many options. You can go into your interview as an expert and demand a potentially higher wage, in some situations you can pick up work on the side before you even get this new position, you’ll have a network of blog followers who you can reach out to when you want to get a job because they may know of an open position, you’ll make a bit of money off of your book, or you may even choose to branch out on your own and start your business in some situations. In short: this will give you a ton of options.
I actually gave similar advice on my blog a couple of times: Want To Start A Business Someday But Not Ready To Quit Your Job? Here’s What To Do, and, Here’s What You Should Do If You Want To Start A Business But Are Stuck In A Job.
So, think about what you want to be doing in 5 years from now, and start the easy, fun task of becoming a thought-leader today! Good luck!
5 YEARS??? WHY SO LONG?
So, most people who hear this love the idea. It makes sense. It’s painless. It costs nothing but time. There’s a ton of upside and very little downside except for lost time.
But some people will read this and think: “Yikes! Five years is a long time. I want a competitive advantage right now.” Okay, fair enough. I get that. Well, I blog a lot about competitiveness and competitive advantage so just click here and read some of those blog posts.
But my opinion is: Things often take longer than we want them to. A lot of people in jobs may hope to advance by promotion to a better position in 2-3 years but in reality it takes them 3-4, for example. So 5 years might seem like a long time for you to benefit but it will go by in a flash and I think it’s fairly accurate in terms of how long things really take in life.
Fortunately, this plan is laid out in approximately 5 years but I think it can happen sooner — much sooner. I think you’ll start seeing traction in 1-2 years. Even in your immediate job you’ll start seeing things happen as you rise above your coworkers with your expertise. That will likely accelerate your schedule of growth.
HERE’S THE STICKING POINT
The hardest part will be sticking with it for that long. Five years is a long time. And there will be weeks when you don’t feel like writing. But trust me, your 5-years-from-now self will thank you for it. It will be challenging but you’ll be glad you did.
HERE’S HOW TO TAKE IT TO THE NEXT LEVEL
Maybe you’re not sure what you want to do in five years. Well, here’s a plan: Pick 2-5 topics and create a blog about each one. Is it more work? Yes. A lot more. But you’ll get the following benefits:
- You’ll figure out very quickly if one topic, subject, or industry is more interesting than another
- If you stick with all 2-5 topics, you’ll have A LOT of options available to you in five years
- If you build these up, you can always choose one path and then monetize the other ones in some way — either by placing ads or perhaps selling to someone else.
Five years seems like a long way off. But it will be here in a shot. So roll up your sleeves and get to work on developing your competitive advantage so that, when the future arrives, you’ll be perfectly positioned to benefit.