Learning The Five-Hour Rule

By: First Union | Date:

resources

Learning The Five-Hour Rule

See Your Loan Options

Get Started

Improvement and success don't just come from being productive and working hard. It requires a conscious effort in learning. Some of the best-known and successful business leaders share this common habit. They dedicate five hours a week to deliberate learning. Setting aside five hours a week to learn may not provide immediate returns, but self-improvement provides exponential value.

What is Deliberate learning?

Deliberate learning is the act of setting aside time to both learn and practice a subject you want to improve in. Although many of us have incredibly busy lives, most can dedicate an hour a day to deliberate learning. Keeping a regular schedule and focus dedicated to learning, mastering new skills is possible. Here are the three primary components to deliberate learning:

Reading

Reading is fundamental in learning or improving a skill or profession. Yes, learning by doing is essential. However, when we read about skills we are already familiar with, it activates background knowledge, bridging the gap between what we already know and new information.

Learning also requires thinking about the material you've consumed, increasing comprehension. Ideally, you should be able to reflect on three questions:

  • What is the essence of the content read?
  • What does the writer want readers to understand about the subject?
  • What information can I gain beyond what is in the text?

By summarizing the material read, you gain the ability to delete irrelevant details and condense the original ideas or purpose of the content. It also encourages you to combine similar content, leading to better comprehension.

Reflection and analysis

Reflection is a very powerful tool for improvement. Being cognitive of what we have done and felt allows you to benefit from your experiences. Focus on one specific activity you want to improve on.

If you want to improve your sales-closing skills, reflect on your most recent call. Think about what you did or said and how you said it. Analyze the experience, whether it was good or bad. If good, what did you do, right? If bad, what did you do wrong, and what can you learn from it? What options do you have for the next sales call? What actions will you take, based on your reflections?

Experimentation

It's essential to apply what you've learned. Use proven tips and techniques to increase your retention of what you've learned. Focus on doing one thing at a time before switching gears. Be patient. Setting up winning Facebook ads, building your website, or generating a fantastic sales funnel is not going to happen overnight.

At First Union Lending, we provided nine different types of business loans. Whether you're trying to increase sales with marketing, buy inventory or equipment, or need money for payroll, First Union Lending is here to help. Give us a call at 863-825-5626. Our specialists are here for you.

Better Business Bureau
5 star rating
Trustpilot reviews

First Union Lending LLC is a dually licensed Lender/Broker with its main offices located at 4900 Millenia Blvd First Floor Orlando, FL 32839. First Union Lending LLC and its ads are meant for continental United States, including Alaska and Hawaii small business owners. Business Loans offered by First Union Lending LLC have varying rates and terms that can range from 30 - 120 payments and all rates and terms are based on eligibility of the business and its owners. The actual terms are based on credit, business history, industry, amount and terms. As an example, a $5,000 loan paid over 5 years at 8% would have a total repayment of $6,082.92 over the life of the loan. We use the latest encryption to protect sensitive information transmitted online, as well as run our own secure server network to ensure your information is protected offline as well.

Copyright © First Union Lending, LLC. 2021