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Why You Need to ‘Upskill’ to Keep on Top of Trends

The modern workforce is quickly evolving to become a landscape where career change is not only encouraged but expected….

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This article was written by Alex Sixt, a member of the Entrepreneur NEXT powered by Assemble content team. Entrepreneur NEXT powered by Assemble is freelance matching platform leading the future of work. If you’re struggling to find, vet, and hire the right freelancers for your business, Entrepreneur NEXT will help you hire the freelancers you need, exactly when you need them. From business to marketing, sales, design, finance, and technology, we have the top 3 percent of freelance experts ready to work for you.

What defines your career? For most people, it was a simple decision made as a (barely) young adult heading into college for the first time. Over the past few decades, it has been the norm to have this decision set you on a straight career path in one domain until eventual retirement. If this sounds a bit scary, you’re not the only one feeling the same way. The modern workforce is quickly evolving to become a landscape where career change is not only encouraged but expected. The age of committing to a single domain for your entire career is over, and upskilling — learning new professional skills — is here to save the day. 

The idea that one stops learning at the end of their educational journey is no longer a viable option for professionals wanting an exciting career. Learning used to stop at the commencement of one’s educational track; however, for those wanting an exciting, constantly evolving career, upskilling (teaching oneself a new set of skills within their domain) is the best option. A recent study found that the average half-life of a skill is five years, which means that five years from now, the current skills within the workforce will be half as valuable. While this seems like an overwhelming statistic, upskilling is an easier process than most would think. 

As much as everyone cherishes the memory of sitting in an overcrowded lecture hall (not), upskilling doesn’t require reschooling, and can be achieved quickly through means of technology and digital tools. It’s normal to feel odd about learning a new skill after spending a good chunk of your life learning another, but skills are something you can easily acquire over the course of your career without much interruption.

If you’re still feeling unsure, here are a few ways that upskilling can benefit your career path. 

As technology continues to advance and automation replaces once-manual jobs, there is a need for new skills that may not have even existed a decade ago (such as an AI Engineer). As digital transformation continues to sweep the business landscape, executives are now scrambling to fill positions that require a specialized set of skills that are high in demand but rarer to find due to the pace of change. This skills gap presents an opportunity for workers seeking to freshen their resume or switch careers completely. 

By 2022, it is predicted that 54 percent of the workforce will require significant upskilling. The best way to get ahead of the movement? Do your research now to avoid needing an upskill along with the majority of professionals. Even within one domain, there are plenty of skills you can pursue for upskilling. If you’re unsure of which skill you’d like to pursue, research the most in-demand skills to help you decide and understand what companies are currently in need of. 

Remember the statistic about the half-life of a skill? Make it a habit to upskill every five or so years to keep your resume and general skill set up to date in case you find yourself needing a new job unexpectedly. The “old ways” of working the same skill for an entire career have passed. To maintain a successful career, upskilling will be crucial for professionals seeking to adapt and evolve their domain knowledge over time. 

Related: 10 Skills Needed Most in 2020 and 30 Free Courses to Learn Them 

The number one problem shared among entrepreneurs today is finding, vetting, hiring, and retaining expertise.

Most professionals can likely agree that resumes are not the most exciting part of anyone’s career, no matter how many buzzwords you fit onto one sheet of paper. Nonetheless, it’s undeniable that they are an essential element to your career path, as they one place where it’s acceptable to boast about your accomplishments (#humblebrag). By upskilling, you’ll receive invaluable experiences to feature on your resume that will showcase an ability to adapt quickly to industry trends

The purpose of upskilling is to learn a skill that will make you more marketable and attractive to companies in need of trending skills. Although tedious, resumes are still unfortunately the most popular way that recruiters and executives review to evaluate a candidate (sigh). We’ve all heard it before: add keywords to your resume to help it stand apart from the competition. The truth is, upskilling can give you an enormous advantage by showing your commitment to catching up to change. 

Career transitions have begun to become the new normal and are even typically expected. However, upskilling provides the opportunity to discuss hands-on work you’ve been able to achieve with the skills that are considered the future of your domain. Even if you’re interviewing within your own company for a promotion or new job in another department, upskilling demonstrates a commitment to self-improvement and guarantees at least several years of in-demand skills that an organization can benefit from. 

Related: 10 Tips For Writing An Impressive Resume 

Who doesn’t love free? After paying for schooling for most of your life, free education is a welcome idea and not unthinkable for professionals looking to upskill. As digital transformation has hit many industries hard, organizations have scrambled to catch their workforce up to speed. Forty-two percent of companies have improved their upskilling efforts after the Covid-19 outbreak. That number is expected to grow as the skill gaps continue to force executives to compete for in-demand skills. For employees, this means free upskilling resources could be coming their way.

Even if your current employer doesn’t mention upskilling opportunities, it never hurts to ask. There’s a chance they may be connected to a third-party organization to provide upskilling education, or you could be the one to broach the subject and inspire HR leaders to offer these resources. Of course, there’s always the chance your employer refuses to offer upskilling and you’ll need to seek it out on your own. Luckily, there are plenty of resources available to professionals seeking to take on new skills by themselves, most being online and requiring little to no travel on your part. 

Related: Making Time for Professional Development When Owning a Business 

At the end of the day, everyone wants the ability to have a job they truly enjoy, and know is going to provide them with stability. You deserve to have control over your career and enjoy the work that you do every day. Upskilling provides the opportunity to continue on a successful path that you choose, rather than feeling stuck in the same role for years. 

To hire the Experts you need, exactly when you need them, visit next.entrepreneur.com to schedule a meeting with our Expert solutions team.

Source: http://feedproxy.google.com/~r/entrepreneur/latest/~3/K5qO_yiDI0Q/358913

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How Success Happened for Josh Harris, Co-Founder of Apollo Global Management and Co-Founder of Harris Blitzer Sports & Entertainment

Harris has a knack for building and growing forward-thinking ventures.

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Harris has a knack for building and growing forward-thinking ventures.

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July 13, 2021 5 min read

Opinions expressed by Entrepreneur contributors are their own.

Josh Harris has a short resume. For nearly his entire professional career, he has held only one job, sitting at the helm of Apollo Global Management.

Since co-founding Apollo in 1990, Harris has spent the last 31 years building and shaping what has become a leading alternatives asset manager. But even with 15 offices globally and over $460 billion in assets under management, Harris has found time to pursue passions outside of the financial industry. With an eye for uncovering potential value, the investor maintains a robust family investment office, is an active philanthropist through family foundation Harris Philanthropies, and has successfully launched a premier sports and entertainment platform, Harris Blitzer Sports & Entertainment, which has grown to include the Philadelphia 76ers, New Jersey Devils and Prudential Center in Newark New Jersey.

Related: Check out recent guests Josh Harris and Thomas Tull on the How Success Happens podcast

Harris credits wrestling for unlocking his internal drive. After participating in wrestling at summer camp at a young age, he was hooked. The intensity of the sport and raw physical strength it demanded was motivating and compelling to his innate competitive spirit. But he quickly learned that without preparation — a healthy diet, cross-training and time on the mat — you get physically dominated. Once a struggling student, wrestling helped Harris turn his academics around and earned him acceptance to the University of Pennsylvania — and a coveted spot on the wrestling team there.

It was at Penn where Harris first got a taste of finance. An introductory economics class ignited a similar spark within him, compelling him to go to the fast-paced world of Wall Street. He transferred to Wharton and dove headfirst into finance.

“I was allured by [the idea of] helping companies grow,” Harris says. “I was a sponge for knowledge and wanted to learn everything I could … from the best people.”

The decision was made. He bought his first suit and headed to Wall Street.

“This is what I would recommend to [anyone just starting their career]: Treat your life like an investment,” Harris says. “Do something you are passionate about … look at the upsides, the downsides. What is your competitive advantage? … Really look at it analytically.”

Harris used that same lens when faced with an even bigger decision, several years into his career. After cutting his teeth at Drexel Burnham Lambert and attending Harvard Business School, Harris accepted a position at Blackstone. A few weeks in, he got a call from former colleagues Marc Rowan and Leon Black, asking him to join a new firm, the fledgling Apollo. Harris had worked only weeks at Blackstone — and used his signing bonus to pay off his student loans — but he was enticed by an opportunity to build with people whom he knew.

Fast forward thirty years, Apollo has become the second-largest alternatives and largest alternative credit manager in the world. Harris has been the architect of some of the firm’s most successful deals, including the historic LyondellBasell transaction, one of the most profitable deals in PE history.

In 2011, Harris applied skills from his day job to a new venture — joining forces with David Blitzer to purchase the Philadelphia 76ers from Comcast in a corporate carveout. One of the most rewarding aspects of owning sports teams, Harris says, has been serving as a steward of the city.

“[Sports teams] are public assets…you take on a real obligation to help the communities where you are playing,” he adds.

Related: Check Out These Top Sports Podcasts

Giving back to the communities where HBSE operates — namely Philadelphia, Camden and Newark — is of top priority for Harris. In our conversation, it was clear how deeply he believes in the power of sports to change lives, just as wrestling had changed the trajectory of his life. Through his many charitable endeavors with HBSE and Harris Philanthropies, Harris is focused on creating opportunities for kids to experience sports who might not otherwise be able to, providing access to sports programming and pairing it with academic resources and other support. More broadly, Harris Philanthropies is focused on catalytic giving and creating equitable opportunities in the communities where the Foundation has a deep connection.

In the past year, however, Covid-19 was front and center, requiring the Foundation to adjust their strategy to address needs brought on by the pandemic. We [immediately] had to pivot [our strategy] and lead,” says Harris, who through HBSE and Harris Philanthropies, set to work distributing food, medical supplies, frontline equipment, laptops and other resources to local communities.

Now Harris is starting a new chapter, returning to his entrepreneurial roots. Having recently announced that he’ll be stepping back from his day-to-day role at Apollo, Harris is excited about continuing to expand HBSE, as well as his multi-asset class investing business and diving deeper into social impact. But he hasn’t lost touch of what has driven him throughout his career — building and investing in success.

Related: Let us Help Your Brand Create Its Own Podcast

Related: Check out recent guests Josh Harris and Thomas Tull on the How Success Happens podcast

Source: http://feedproxy.google.com/~r/entrepreneur/latest/~3/j7fh3NY-vQE/374991

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Virgin Galactic Cleared by FAA For Passenger Space Travel

Will billionaire and founder Richard Branson beat Jeff Bezos to space?

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June 25, 2021 2 min read

Opinions expressed by Entrepreneur contributors are their own.

Richard Branson’s Virgin Galactic, in a statement, announced the FAA has upgraded its existing license to include passenger flights.

The company also says the approval is the first of its kind. Shares jumped 12% in premarket trading.

The journey, however, has been somewhat bumpy, Engadget reports. In December 2020, the company’s test flight ended in a motor ignition failure. In February of this year, Virgin Galactic delayed its tourism flights until 2022 saying more “technical checks” were needed.

Related: Virgin Galactic’s VSS Unity Completes Human Spaceflight

The company then had to complete dozens of verification and validation requirements to clear the final two steps for the FAA’s approval. CEO Michael Colglazier says the crewed test flight on May 22 was a success:

“We’re incredibly pleased with the results of our most recent test flight… [which] performed flawlessly, and the results demonstrate the safety and elegance of our flight system. [We’re confident] as we proceed toward our first fully crewed test flight this summer.”

Related: Elon Musk’s SpaceX signs alliance with Google Cloud to offer satellite internet with Starlink

The company, which began working on its mission to space in 2004, says it’s preparing for the remaining three test flights.

Unconfirmed reports also suggest Virgin Galactic is working to send Branson on a suborbital flight during the July 4 weekend, according to Business Insider. That’s two weeks before Jeff Bezos is scheduled to board his Blue Origin’s New Shepard for space on July 20.

Related: Blue Origin Is Challenging SpaceX’s Artemis Lander Contract From NASA

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10 Deals for $20 That You Won’t Find on Amazon

After all, Amazon doesn’t have everything.

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After all, Amazon doesn’t have everything.

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June 21, 2021 4 min read

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Despite diversifying its options over the past few years, Amazon doesn’t have everything. One of its biggest shortcomings is its lack of educational resources. If you’re looking for a more substantive purchase, consider investing in your own professional development. We’ve rounded up a collection of courses you won’t find on Amazon and, for a limited time, they’re all just $20.

The Professional Microsoft Excel Certification Training Bundle

The Professional Microsoft Excel Certification Training Bundle

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Microsoft Excel is the world’s most ubiquitous office software, used in just about every industry. You may think you know Excel, but after this eight-course bundle from Excel Maven, you’ll understand just how little you knew. You’ll cover advanced formulas, data visualization, PivotTables, and much more.

Get The Professional Microsoft Excel Certification Training Bundle for $20 (reg. $1,600) for a limited time.

The Fundamentals of Real Estate Investment Bundle

The Fundamentals of Real Estate Investment Bundle

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The real estate industry is booming, for both commercial and retail investors alike. In this five-course bundle, you’ll learn how to think like a professional real estate investor. You’ll explore pre-investing practices, wholesale deals, and much more.

Get The Fundamentals of Real Estate Investment Bundle for $20 (reg. $1,000) for a limited time.

The Google Analytics Master Class Bundle

The Google Analytics Master Class Bundle

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Google Analytics is one of the best tools for businesses to understand their web traffic. In this bundle, you’ll learn how to use GA to draw better insights from your traffic data and institute changes to make your webpages as strong as they can be.

Get The Google Analytics Master Class Bundle for $20 (reg. $995) for a limited time.

The Ultimate Financial Accounting & CPA Certification Training Bundle

The Ultimate Financial Accounting & CPA Certification Training Bundle

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Every business owner should have at least a functional financial skill-set. In this bundle, you’ll learn how to be the accountant for your business with the same education a Certified Professional Accountant (CPA) would get.

Get The Ultimate Financial Accounting & CPA Certification Training Bundle for $20 (reg. $1,592) for a limited time.

The Ultimate Candlestick Trading & Analysis Masterclass Bundle

The Ultimate Candlestick Trading & Analysis Masterclass Bundle

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Earn some extra money in the stock market by learning the trading techniques employed by the pros. This technical analysis bundle will teach you how to analyze candlestick patterns and use data to make more informed investment decisions.

Get The Ultimate Candlestick Trading & Analysis Masterclass Bundle for $20 (reg. $1,000) for a limited time.

The Premium 2021 Project & Quality Management Certification Bundle

The Premium 2021 Project & Quality Management Certification Bundle

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After a lengthy pandemic that hurt many small businesses, it’s important to hit the ground running in this hot economy with more efficient and productive processes in place. This bundle will introduce you to a range of project management methodologies, from Agile to PMP, to help you institute positive changes in your business.

Get The Premium 2021 Project & Quality Management Certification Bundle for $20 (reg. $4,400) for a limited time.

The 2021 Complete All-in-One Adobe Creative Cloud Suite Certification Course Bundle

The 2021 Complete All-in-One Adobe Creative Cloud Suite Certification Course Bundle

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Got a creative streak? Indulge it! This extensive bundle covers the entire Adobe Creative Cloud, teaching you how to edit photos with Photoshop, become a graphic designer with Illustrator and XD, edit videos with Premiere Pro, and much more.

Get The 2021 Complete All-in-One Adobe Creative Cloud Suite Certification Course Bundle for $20 (reg. $2,400) for a limited time.

The Complete Mobile & App Development Bundle

The Complete Mobile & App Development Bundle

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Got a brilliant app idea? Learn how to bring it to life with this nine-course bundle. You’ll get an introduction to building apps for iOS 14 using Swift 5, learn how to build apps for Android 11, get up to speed on Java programming fundamentals, and more.

Get The Complete Mobile & App Development Bundle for $20 (reg. $1,791) for a limited time.

The Create Your Own T-Shirt Side Business Bundle

The Create Your Own T-Shirt Side Business Bundle

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You know a great T-shirt idea when you see (or say) one. If you have a tendency to say “that should be on a T-shirt” after saying something out loud, you might just want to start a T-shirt side business. This extensive bundle will teach you everything you need to know, from printing shirts to packaging.

Get The Create Your Own T-Shirt Side Business Bundle for $20 (reg. $1,393) for a limited time.

The Cryptocurrency with Ethereum & Solidity Blockchain Developer Bundle

The Cryptocurrency with Ethereum & Solidity Blockchain Developer Bundle

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Take a deep dive into one of today’s most exciting, innovative technologies. Across six courses, you’ll learn how to build web apps that run on a blockchain using Solidity, launch an Initial Coin Offering (ICO), and even build a decentralized exchange.

Get The Cryptocurrency with Ethereum & Solidity Blockchain Developer Bundle for $20 (reg. $1,200) for a limited time.

Prices subject to change.

Get The Professional Microsoft Excel Certification Training Bundle for $20 (reg. $1,600) for a limited time.

Source: http://feedproxy.google.com/~r/entrepreneur/latest/~3/qjaGMTjjFy4/375040

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How Success Happened for Josh Harris, Co-Founder of Apollo Global Management and Co-Founder of Harris Blitzer Sports & Entertainment

Harris has a knack for building and growing forward-thinking ventures.

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