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5 Top Business Languages You Should Know to Get Ahead

5 Top Business Languages You Should Know to Get Ahead

The future of business is global, and there’s no getting around learning top business languages to survive.

By 2025, almost 50% of the world’s biggest companies will be based in emerging markets. This is up almost 10-fold from only 5% in 2000.

CareerBuilder.com’s 2010 hiring forecast showed that 39 percent of U.S. employers said they plan to hire bilingual candidates, and half said that if they had two equally qualified candidates, they would be more inclined to hire the bilingual one.

What’s more, salary bonuses vary depending on which languages you’re able to speak. Here’s a quick breakdown of a few different secondary languages and their annual bonuses as reported by The Economist:

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  • Spanish — 1.5 percent bonus
  • French — 2.3 percent bonus
  • German — 3.8 percent bonus

This means that you can make an additional $50,000 to $125,000 just for knowing how to speak a foreign language!

5 Top Spoken Business Languages You Should Know To Get Ahead

To arrive at our 5 top spoken business languages, we took a number of factors into account.

The first one is the number of native speakers. While this shouldn’t be the only factor you take into account when choosing what business language you should learn, it has a noticeable correlation with how much impact your new language will have.

The second factor is a comparison of countries with the largest GDP’s in the past (2010) and where they will be in the future (2020).

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While there are smaller variables to take into account, these two factors can help us narrow down the languages of the world to the 5 top spoken business languages you should know to get ahead in your career.

1. English
365 Million Native Speakers

English is the obvious first choice when it comes to top business languages. With economic powerhouses like the U.S, the U.K, and Australia, there’s no getting around English.

Even when you’re speaking with native speakers from other countries, it’s likely that they speak English as their second language. Since most of the readers here are already English speakers, we’ll move on.

2. German
92 Million Native Speakers

German is a perfect example demonstrating that the best languages shouldn’t be based on the number of native speakers in the world.

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Not only is it Europe’s largest economic powerhouse, with a GDP of 2.4 trillion Euros, but it’s also the largest export market for British goods.

For anyone seeking a job in the U.K, Austria, Germany, or anywhere that’s doing business with the companies in Germany (nearly everyone), understanding the differences between ‘danke’ and ‘Ihr willkommen’ is critical.

3. Russian
160 Million Native Speakers

Germany may have the largest export market for the U.K, but Russia is the U.K.’s fastest-growing major export market. While there are fruitful opportunities to work with companies in Russia, there aren’t as many fluent English speakers living in Russia, and knowing how to speak Russian comes with a big advantage.

4. Spanish
406 Million Native Speakers

Recognized as one of the most popular European languages, Spanish is a beloved language not only in terms of usefulness in business, but in many areas of society.

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It’s the leading language that fuels many of the fastest-growing Latin economies in South America, Central America, and North America (Mexico).

Given that it’s the second most spoken language in the U.S, with over 20 countries around the world that use Spanish as their official language, 37% of American employers prefer hiring people who know how to speak Spanish.

5. Mandarin
935 Million Native Speakers

With just under a billion native speakers around the world, Mandarin has more native speakers than English and Spanish combined. This makes Mandarin-speaking countries some of the most attractive places in the world for businesses to target, and learning Mandarin a great investment for any professional to make today.

Bloomberg has also ranked Mandarin as the number one business language to know after English.

What Business Languages Are You Learning?

We’ve given you the 5 top spoken business languages, but it doesn’t mean they’re the only ones you should learn. What language are you learning or aspiring to learn?

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Sean Kim

Sean is the founder and CEO of Rype, a language learning app. He's an entrepreneur and blogger.

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Last Updated on October 13, 2020

12 Things High Self-Esteem People Don’t Do

12 Things High Self-Esteem People Don’t Do

Having high self-esteem is important if you are aiming for personal or professional success. Interestingly, most people will high levels of self-esteem act in similar ways. That’s why it’s often easy to pick them out in a crowd. There’s something about the way they hold themselves and speak, isn’t there?

We all have different hopes, dreams, experiences, and paths, but confidence has its own universal language. This list will present some of the things you won’t find yourself doing if you have high self-esteem.

1. Compare Yourself to Others

People with low self-esteem are constantly comparing their situation to others. On the other hand, people with higher self-esteem show empathy and compassion while also protecting their own sanity. They know how much they can handle and when they can offer a helping hand.

In the age of social media, however, social comparisons are nearly ubiquitous. One study found that “participants who used Facebook most often had poorer trait self-esteem, and this was mediated by greater exposure to upward social comparisons on social media”[1]. Basically, you will feel worse about yourself if you are constantly getting glimpses into lives that you consider to be better than yours.

Try to limit your time on social media. Also, when you do start scrolling, keep in mind that each profile is carefully crafted to create the appearance of a perfect life. Check yourself when you find yourself wishing for greener grass.

2. Be Mean-Spirited

People with low self-esteem bully others. They take pleasure in putting other people down. People with positive self-esteem see no need to down other people, choosing instead to encourage and celebrate successes.

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If you find that you feel the need to put others down, analyze where that’s coming from. If they’ve had success in life, help them feel good about that achievement. They may do the same for you one day.

3. Let Imperfection Ruin Your Day

Perfectionism isn’t necessarily a bad thing, but obsessing over making everything perfect is a sign that you have low self-esteem and can lead to never-ending negative thoughts. This can turn into an inability to solve problems creatively, which will only make self-esteem issues worse. 

Those with high self-esteem disconnect from the results and do their best without expecting perfection.

People with that kind of confidence understand that messing up is a part of life and that each time they aim and miss success, they’ll at least learn something along the way.

If you miss the mark, or if your plan doesn’t work out exactly as you would have liked, take a deep breath and see if you can pivot in order to do better next time.

4. Dwell on Failure

It’s common to hear people dwelling on all the ways things will go wrong. They are positive that their every failure signals an impossible task or an innate inability to do something. People with healthy self-esteem discover why they failed and try again.

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People with higher levels of confidence also tend to adopt a growth mindset[2]. This type of thinking supports the idea that most of your abilities can be improved and altered, as opposed to being fixed.

For example, instead of saying, “I’m just not good at math; that’s why I did bad on the test,” someone with a growth mindset would say, “Math is difficult for me, so I’ll have to put in some more practice to improve next time.”

Next time you experience a failure, check out this video to help you believe in yourself again:

5. Devalue Your Self-Esteem

People with high self-esteem value their own perception of themselves – they understand that they come first and don’t feel guilty about taking care of themselves. They believe charity starts within, and if they don’t believe that, they’ll never have a healthy self-image.

Self-care is often top of the priority list for people with self-esteem. For some ways to practice self-care, check out this article.

6. Try to Please Others

They can’t please all the people all the time, so confident people first focus on doing what will make them feel fulfilled and happy. While they will politely listen to others’ thoughts and advice, they know that their goals and dreams have to be completed on their own terms.

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7. Close Yourself off

Confident people have the ability to be vulnerable. It’s those with poor self-esteem that hide all the best parts of themselves behind an emotional wall. Instead of keeping the real you a secret, be open and honest in all your dealings.

As Brené Brown, author of Daring Greatly, points out, “Vulnerability is about showing up and being seen”[3]. When you embrace each facet of who you are and allow others to see them as well, it will create deeper, more meaningful connections in your life. When that happens, you’ll realize that perfection doesn’t lead to people liking you more.

You can learn more about the power of vulnerability in this TED talk with Brené Brown:

8. Follow and Avoiding Leading

People with low self-esteem don’t believe they can lead, so they end up following others, sometimes into unhealthy situations. Rather than seeking a sense of belonging, people with high self-esteem walk their own paths and create social circles that build them up.

9. Fish for Compliments

If you’re constantly seeking compliments, you’re not confident. People with high self-esteem always do their best (and go out of their way to do good deeds) because it’s what they want to do, not because they’re seeking recognition. If you need to hear compliments, say them to yourself in the mirror.

You can even try some positive affirmations if you need a confidence boost. Check out these affirmations to get started.

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10. Be Lazy

People work harder when they have high self-esteem because they’re not bogged down by doubts and complaints. Those with low self-esteem end up procrastinating and wasting their energy thinking about all the work they have to do rather than rolling up their sleeves and just getting it done.

This may also bounce off perfectionism. Perfectionists often feel intimidated by certain projects if they fear that they won’t be able to complete them perfectly. Tap into your confidence and simply do your best without worrying about a perfect outcome.

11. Shy Away from Risks

When you trust yourself, you’ll be willing to participate more in life. People with low self-esteem are always on the sidelines, waiting for the perfect moment to jump in. Instead of letting life pass you by, have confidence in your success and take the risks necessary to succeed.

12. Gossip

People with low self-esteem are always in other peoples’ business – they’re more interested in what everyone else is doing than themselves. People with high self-esteem are more interested in their own life and stay out of others’ affairs.

Instead of participating in idle gossip, talk about some positive news you heard recently, or that fascinating book you just finished. There’s plenty to talk about beyond what this or that person did wrong in their life.

The Bottom Line

Self-esteem is to success in life. People who maintain a healthy level of self-esteem believe in themselves and push themselves to succeed, while those with low confidence feel a sense of entitlement.

If you need a boost in your self-image and mental health, avoid negative self-talk and the other mistakes of people with low self-esteem. You’ll be amazed at the difference it makes.

More Tips on Building Confidence

Featured photo credit: Christina @ wocintechchat.com via unsplash.com

Reference

[1] Psychology of Popular Media Culture: Social comparison, social media, and self-esteem
[2] Brain Pickings: Fixed vs. Growth: The Two Basic Mindsets That Shape Our Lives
[3] Forbes: Brene Brown: How Vulnerability Can Make Our Lives Better

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