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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 January 21, 2020

How to Motivate People Around You and Inspire Them

How to Motivate People Around You and Inspire Them

If I was a super hero I’d want my super power to be the ability to motivate everyone around me. Think of how many problems you could solve just by being able to motivate people towards their goals. You wouldn’t be frustrated by lazy co-workers. You wouldn’t be mad at your partner for wasting the weekend in front of the TV. Also, the more people around you are motivated toward their dreams, the more you can capitalize off their successes.

Being able to motivate people is key to your success at work, at home, and in the future because no one can achieve anything alone. We all need the help of others.

So, how to motivate people? Here are 7 ways to motivate others even you can do.

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1. Listen

Most people start out trying to motivate someone by giving them a lengthy speech, but this rarely works because motivation has to start inside others. The best way to motivate others is to start by listening to what they want to do. Find out what the person’s goals and dreams are. If it’s something you want to encourage, then continue through these steps.

2. Ask Open-Ended Questions

Open-ended questions are the best way to figure out what someone’s dreams are. If you can’t think of anything to ask, start with, “What have you always wanted to do?”

“Why do you want to do that?”

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“What makes you so excited about it?”

“How long has that been your dream?”

You need this information the help you with the following steps.

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3. Encourage

This is the most important step, because starting a dream is scary. People are so scared they will fail or look stupid, many never try to reach their goals, so this is where you come in. You must encourage them. Say things like, “I think you will be great at that.” Better yet, say, “I think your skills in X will help you succeed.” For example if you have a friend who wants to own a pet store, say, “You are so great with animals, I think you will be excellent at running a pet store.”

4. Ask About What the First Step Will Be

After you’ve encouraged them, find how they will start. If they don’t know, you can make suggestions, but it’s better to let the person figure out the first step themselves so they can be committed to the process.

5. Dream

This is the most fun step, because you can dream about success. Say things like, “Wouldn’t it be cool if your business took off, and you didn’t have to work at that job you hate?” By allowing others to dream, you solidify the motivation in place and connect their dreams to a future reality.

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6. Ask How You Can Help

Most of the time, others won’t need anything from you, but it’s always good to offer. Just letting the person know you’re there will help motivate them to start. And, who knows, maybe your skills can help.

7. Follow Up

Periodically, over the course of the next year, ask them how their goal is going. This way you can find out what progress has been made. You may need to do the seven steps again, or they may need motivation in another area of their life.

Final Thoughts

By following these seven steps, you’ll be able to encourage the people around you to achieve their dreams and goals. In return, you’ll be more passionate about getting to your goals, you’ll be surrounded by successful people, and others will want to help you reach your dreams …

Oh, and you’ll become a motivational super hero. Time to get a cape!

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Featured photo credit: Thought Catalog via unsplash.com

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