IFB378: Expanding Your Circle of Competence - A Beginner's Guide

The Investing for Beginners Podcast - Your Path to Financial Freedom

Andrew Sather & Glassbox Media

Business, Investing

4.2 • 1.5K Ratings

🗓️ 20 January 2025

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join Andrew and Dave in this insightful episode as they explore the art of expanding your circle of competence. Discover practical methods to master new skills, from coding to investing, and learn how to overcome the fear of learning. Perfect for beginners eager to grow their knowledge and confidence. [00:01] Introduction to expanding your circle of competence. [02:15] Andrew's approach to learning new skills. [05:30] The importance of learning by doing. [08:45] Dave's personal journey with language learning. [12:00] Overcoming fear in learning new skills. [15:20] Understanding financial statements for beginners. [18:35] Demystifying DCF for beginner investors. [22:50] Building confidence through practical learning. Today's show is sponsored by: Go to SHOPIFY.COM/beginners to start selling with Shopify today. Find great investments at Value Spotlight Have questions? Send them to [email protected] SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein You can find the transcript of today's show below: Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Ready to launch your business? Get started with the commerce platform made for entrepreneurs. Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand. Marketing tools that get your products out there. Integrated shipping solutions that actually save you time from startups to scale ups, in-person and on the go. Shopify's made for
0:22.9	entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.
0:30.0	This episode is brought to you by Curry's Business. Whether you run a bustling cafe,
0:34.8	a busy office or an inspiring classroom, Curry's Business
0:37.8	has the tech for your 2025 business plans. Upgrade with their January epic deals with up to
0:43.5	40% of hundreds of products. From laptops to TVs, connected mobile to coffee machines.
0:49.5	Shop at business.curries.co.com.com. Visit your local hub or call their UK-based specialist business center. Currie's business, powering your business.curries.co.com. Visit your local hub or call their UK-based specialist business center.
0:56.2	Curry's Business, powering your business in 2025.
1:02.3	Love this podcast because it crushes your dreams and getting rich quick.
1:05.8	They actually got me into reading stats for anything.
1:08.3	You're tuned in to the Investing for Beginners podcast.
1:12.0	Led by Andrew Saver and Dave Ahern.
1:15.6	Step-by-step premium investing guidance for beginners.
1:19.4	Your path to financial freedom starts now. Start now.
1:34.5	All right, folks. Welcome to Investing for Beginners podcast. Today we have episode 378. Today, Andrew and I are going to do something fun. So we're going to talk about how,
1:40.3	or how we go about potentially expanding on our circle of competence. We have in our
1:46.3	value spotlight community a challenge coming up. It will already be live by the time the show
1:50.8	goes public. And one of the things that we're doing in the challenge is helping people try to
1:56.1	learn how to grow your circle of competence through a variety of different,
2:01.5	you know,
2:02.0	not tricks,
2:07.5	but methods and different learning challenges to help everybody try to grow.
	...

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