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Last Updated on July 21, 2021

What Is SWOT Analysis? 5 Ways It Accelerates Your Self-Improvement

What Is SWOT Analysis? 5 Ways It Accelerates Your Self-Improvement
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If I told you that there was one activity that you could do frequently that would dramatically accelerate your rate of self-improvement, would you do it?

SWOT Analysis may very well be the solution to your problems of feeling lost, unproductive, worried about the future, and the general struggle that inevitably arises on the road to personal development. It is quick to carry out, reliable in terms of changing your perspective, and effective in getting you the results that you desire.

So what exactly is this SWOT Analysis? You will find everything you need to know about it below as well as how to do it and all of the amazing benefits that it will bring to your life.

What Is SWOT Analysis?

SWOT Analysis is a business term that has steadily made its way over into the world of personal development due to its effectiveness in getting things to improve — whether that be a company or, more recently, a person.

S.W.O.T. is an anagram that stands for Strengths, Weaknesses, Opportunities and Threats. When assessing these four key pillars in life, it gives a very good picture of which direction you should be heading in and even highlights some of the best ways to do it.

All in all, it is a great way to reflect on past actions and to decide on the best way to move forward.

How to Do a SWOT Analysis

Carrying out a SWOT Analysis is relatively simple. The best way is to take out a pen and paper and write down four columns: Strengths, Weaknesses, Opportunities, and Threats. From there, you can begin to fill out each one and apply it to whatever situation you find yourself in.

If you are considering expanding your enterprise, you might want to write down the current strengths and weaknesses of your business as well as the opportunities that you could possibly move into and the threats that you might need to minimize.

If you are an individual looking to improve yourself, you can carry out a SWOT Analysis either on the micro or macro level. A micro example would be focusing on one specific area of life. For example, you could write down your strengths, weaknesses, opportunities, and threats when it comes to dating, productivity, or changing your job.

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You can also take it to the macro level. You might simply write down your current strengths, weaknesses, opportunities, and threats across all areas of life — or simply the areas that you want to focus on for now.

SWOT Analysis is very easy to do and is excellent for the bigger picture stuff. Here is a rough template with a few questions across various areas of life that you can use for your own personal development purposes:

Strengths

What professional qualifications do I have that make me stand out from everybody else?

What do I exceed at where most people are either average or below average?

What achievements have I been awarded?

What struggles have I overcome in the past that give me hope for the future?

Weaknesses

Where do I fall short where others seem to excel?

What bad habits do I have?

What thoughts tend to hold me back?

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Opportunities

Is there any significant advancement happening or about to happen that I can take advantage of?

Is there a new position in a company that maximizes my skillset?

Is there a gap in the market that I could potentially fill?

Is there an opportunity that is low-risk (i.e. I can fail fast and decide if I want to keep pursuing it)?

Threats

What competition do I face in a certain area?

What is the most likely thing to throw me off course? Is it me?

If there was an economic downturn, would I be in a position to survive? Could I even turn it into an opportunity?

Benefits of SWOT Analysis for Self-Improvement

Now that you know what it is and how to do it, you may already start to see all of the benefits for your personal growth that can come from a SWOT Analysis. If you haven’t already started to think about how to use it in your own life, here are a few ideas to get you started.

1. It Gives You an Actionable Plan

One of the most obvious benefits of doing a SWOT Analysis is the fact that it gives you an actionable plan. It is rare for someone to actually sit down and write out their strengths and weaknesses as well as the opportunities and threats they are facing, so you will be getting well ahead.

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More importantly, taking the information from all four of these areas allows you to create an effective plan for yourself going forward — whether that be doubling down on your strengths, a plan to overcome your weaknesses, or how to leap at one of the opportunities in your life.

SWOT Analysis is designed specifically to drive actions and decisions — it is not simply a discussion exercise that you put to one side once you are finished with it.[1]

2. It Allows You to Zoom Out

Far too many people are so trapped within their day-to-day activities that they forget to see the big picture. Not being able to see the forest for the trees is one of the things that hold many people back from reaching their full potential.

SWOT Analysis allows you to take a moment of reflection, see the big picture, and then to make an informed decision about what your everyday tasks and activities are going to be, rather than the other way around.

It is important to be able to zoom out from time to time to make sure that you are on track with whatever your objectives are in each area of life. SWOT Analysis is the best way to do just that.

3. It Helps You Recognize New Aspects and Patterns

One of the unique things about SWOT Analysis is that it manages to combine different areas of your life and lets you see patterns, opportunities, and much more that you wouldn’t have otherwise seen.

An example would be the combination of your strengths and your opportunities. When you look at both of these side-by-side, you get a good idea about where the crossovers are, and, as a result, you get a clear picture of what opportunities are worth pursuing based on your strengths.

Another example would be looking at your strengths and threats next to one another. When you have a decent idea about what your strengths are in a certain situation, you can start to see how those strengths might come in handy when it comes to mitigating certain threats that you might face.

The truth is, any combination across SWOT Analysis creates a unique perspective that will be extremely useful for your own self-improvement.

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4. It Minimizes Risk

Branching out from the previous point, a SWOT Analysis is carried out to help minimize risk [2]. Although this is primarily a benefit from a company’s standpoint, it can also be helpful from an individual’s perspective as well.

On a personal level, risk can come in a variety of forms. It might be an imaginary risk that feels real, like asking your crush out or asking your boss for a raise. It might be an actual risk where you are thinking of expanding your business or entering a new market where you have little experience. Either way, seeing the threats you face as well as the strengths, weaknesses, and opportunities you have allows you to go down the path that minimizes risk and maximizes gain.

5. It Can Marks Stages of Your Path

An interesting way that companies use SWOT Analysis is that they carry it out every month or every quarter in order to reset and recalibrate their destination. It can be used in a similar way by you as well. Just like there are certain times when businesses use them, there are certain times when you should use them.[3]

Every month or every couple of months, take the time to do a SWOT Analysis to see how you are progressing. What strengths have been added? What weaknesses have been discovered? What opportunities have revealed themselves or been lost? What new threats are you facing and which have been removed from the picture?

Not only will carrying out a SWOT Analysis on a frequent basis accelerate your self-improvement by helping you see where you want to go with less distraction, but it is also nice to see how things change and, hopefully, get better.

It is also worth looking back at your SWOT Analysis from the start of the year when you reach the end of the year to see how far you have come.

To Wrap Up

So there you have it. SWOT Analysis might just be the tool and technique that you have been waiting for to truly take the next step in your self-improvement journey. It is practical, easy to carry out, and effective in terms of planning your next moves.

Whether you do it on a consistent basis to ensure that you are moving in the right direction or you only do it when you feel lost, SWOT Analysis will always be right there waiting to help.

Featured photo credit: Kyle Glenn via unsplash.com

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Reference

More by this author

Daniel Riley

Daniel is a writer who specialises in personal development and helping others become the best version of themselves.

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1 What Is SWOT Analysis? 5 Ways It Accelerates Your Self-Improvement 2 When You Never Stop Learning, These 5 Amazing Things Happen 3 20 Best Books on Personal Development 4 10 Best Self-Improvement Classes in 2021 5 8 Most Important Life Skills For Adults To Build

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Last Updated on July 21, 2021

When You Never Stop Learning, These 5 Amazing Things Happen

When You Never Stop Learning, These 5 Amazing Things Happen
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Imagine if what you’ve been told about learning is a myth.

For example, many people believe that learning ends when you leave college, or that you need to have a high IQ to be able to learn easily. And it’s also a common belief that only young people can learn new things.

Now, not only are all these beliefs completely wrong — but they’re also incredibly harmful to people who buy into them.

The truth is that the ability to learn is available to everyone, including yourself. You just need to find the desire, motivation and purpose to get the ‘learning habit’.

That’s what this article is all about.

I’m going to show you the incredible benefits of lifelong learning. And I’m going to inspire you to start traveling down this glorious road so you can transform your life.

Ready to get started?

Then read on as I reveal five amazing things that will happen when you never stop learning.

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1. You Have a Sharper Mind

Continuous learning helps to keep your mind fresh and your memory sharp.

In fact, research has shown that learning in general has beneficial effects on the brain, including lessening your risk of dementia.[1]

To give you an example of this in action, let me tell you about one of my life coaching clients.

He initially came to me as he felt like he had lost his way in life (he was in his mid-40s at the time). Upon speaking with him, it became obvious to me that not only was he directionless, but he also lacked the spark of life. You know what I mean, that drive and energy that you get once you’re excited about something.

During the course of several one-to-one sessions with him, I was able to help him find out what he wanted to do in his life, and I also instilled in him the power of continuous learning. I did this by asking him to learn at least one new thing a day.

After doing this for a month, he called me up to say that he was feeling enthusiastic about life again. He’d fallen in love with being curious about things and was learning new stuff everyday. He also told me that his mind and memory had never been sharper.

2. Your Confidence Is Boosted

If — like the person I mentioned above — you feel you’ve lost your way in life, then I’m guessing that your confidence has taken a knock too.

This is where learning new things and taking on new challenges can really help.

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For example, imagine that you made the decision today to learn how to rock climb (even though you’re afraid of heights!).

You might initially read a book on the topic, or watch a few videos on YouTube. After that, you’d probably want to enroll in a professional rock climbing group. That way, you could learn to gradually overcome your fear of heights, while at the same time learning the essential techniques of rock climbing.

Within a few weeks, you could be climbing to new heights!

3. Your Interpersonal Skills Are Improved

When you become an active learner, it’s almost inevitable that you’ll widen your social circle and improve your interpersonal skills.

Let’s say you decided to learn how to play chess…

At first, you might learn the rules and some of the basic moves by playing against a computerized opponent. But keep doing this often enough, and eventually you’ll want to test out your skills against a human opponent. This might be a friend, family member or colleague. But whoever it is, your mental battle with them will mean that you share a common experience. One that you’re sure to talk about often.

And if chess eventually becomes a favorite hobby of yours, you might well join a local chess club. This would allow you to meet lots of new people — all who love the game as much as you.

This type of learning can extend your social circle, attract new friends, and enhance your relationships.

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4. You Adapt Change a Lot Better

Greek philosopher Heraclitus revealed a timeless truth: “Change is the only constant in life.”

I’m sure you’ve experienced this in your life. However hard you try to avoid change; there’s no holding this force back.

Once you know this, though, then the secret to success is to be able to adapt to the changes that come your way.

Learning can definitely help you do this. That’s because through the learning process (say learning how to drive a car), you develop skills such as persistence, understanding and resilience. All key skills that can help you deal with any changes in your life that you’re forced to encounter.

Learners are strivers. And strivers know how to turn challenges into opportunities, and adversities into blessings.

5. You Open Up New Career Opportunities

If you want to climb the career ladder or start your own business, then it’s vital that you’re constantly learning.

But not just random stuff.

To be effective, your learning should be primarily focused on your career goals.

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For instance, if you wanted to set yourself up as a freelance business consultant, then I’d recommend that you did your research first:

  • Who are your likely customers?
  • What can you offer them?
  • How much should you charge them?
  • Can you secure enough work to pay your bills?

To find these answers, you probably need to read books and watch videos related to business consulting. But you’d also want to speak to likely customers, to see if and how you could be of help to them. These customers would also be able to give you an idea of how much they would be willing to pay for your services.

If you decided to go ahead with pursuing this career, then the above research will be a good start. But you should keep learning how to improve your skills (including communication and marketing skills), and you should also seek feedback from all your clients — as this will be sure to reveal your strengths and weaknesses.

When it comes to your career, the bottom line is this:

By continually learning relevant, new information, you’ll keep yourself ahead of your competitors. And you’ll also keep yourself in demand from your clients.

Final Thoughts

So, as you can hopefully see from the above, a commitment to lifelong learning will turbocharge your health, happiness and success. And of course, there are more benefits to learning than the ones I’ve listed above. For instance, you’re likely to earn more, you’ll rekindle your zest for life — and you’ll have fun!

In my experience of managing dozens of staff and working with hundreds of life coaching clients, I’ve noticed that those people who have a love for learning, also have a love for life. They’re naturally curious about everything. And this curiosity drives them to seek out new knowledge and skills. They’re also unfazed by change (some of them actually thrive in these circumstances).

If you feel that you’ve lost the ‘learning bug’, then please don’t give up! Reignite your passion for learning through reading self-improvement books, watching inspiring movies, and most importantly… by learning new things!

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When you learn how to learn again, your life will be filled with progression and excitement.

More About Learning

Featured photo credit: Clément Falize via unsplash.com

Reference

[1] Research Gate: Benefits of Lifelong Learning

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