How learning can get in the way of earning – A surprising confession (Part 1)
Common: Spending time, money, and energy on education without converting it to sustainable value.
Uncommon:Alcohol and many other drugs are addicting. You already knew that. But what I denied for a long time is how a seemingly positive longing for education can also become an addiction.
If you told me 5 years ago that too much learning could be detrimental, I would have sought the nearest soapbox to beam my message of opposition. But during these last two years, as I’ve spent an increasing amount of time online, I’ve realized how a deep desire to learn can actually become a liability at times. Allow me to explain (with a rather surprising confession).
Years ago, a term was introduced by those in the tight circles of the self-help industry that was used to refer to clients and avid supporters who became addicted to self-help material and the positive environment that many such conventions provided. These people were appropriately called “self-help junkies.” Now, of course, the term has become mainstream. These individuals get their “high” by attending personal develop seminars, bobbing around the nearest guru with ogle-eyes, and chain book-reading, among other things. These behaviors are fine… in moderation, and if balanced with application.
I am an avid supporter of constant personal improvement. But in order for this process to qualify as “sharpening the saw” the saw must be used enough to require sharpening – otherwise it is more accurately described as “spinning your wheels.” At some point in time, priorities must shift to “doing” (as I will explain this further in a moment).
But first, let me point out that you don’t need to fit the typical “self-help junkie” mold to experience how learning can become a liability.
The lust of learning:
I love to learn new things. I still attend seminars (and speak at them), I read hundred of books, and I communicate with experts regularly. But I try to strike a balance of learning and doing, which I have noticed is becoming more and more difficult in this information age and the prevalence of the internet.
When I reflect on my year, I am very satisfied with what I have accomplished, but… I feel a constant, alluring pull to “read just one more article,” read one more book, watch one more TED video, ask one more question, learn about one more productivity tool, etc. Can you relate?
Many times I win the battle with sheer discipline, but sometimes, I don’t. As I’ve reviewed this last year I’ve noticed a few alarming things:
- All of the books I’ve read are non-fiction
- All of my bookmarked sites are education based
- All of my iphone apps are productivity or learning tools
- All of the notes on my computer dashboard are key-strokes and short cuts and interesting quotations (so I can memorize them)
- 94% of the audio content on my iphone are non-fiction audio books,
- And yes, this list goes on.
Even when I watch a TED video I find myself simultaneously reading other articles to absorb just a little bit more. Pardon me, but I don’t think this is healthy.
So I here I am; I confess… “My name is Kent Healy, and I have a problem.” (“Hi Kent” the room echoes.)
Anyone who spends time with me knows this is absolutely true. My obsession for learning is more than obvious (and yet, ironically, I still loath my conventional education). But, I’ve realized that I often correlate effectiveness with the amount of information I have personally gained and retained. On the surface, this may seem harmless – perhaps commendable – but herein lies the problem:
When learning becomes a yardstick for measuring progress, a false sense of efficiency and value ensues.
Thus, you are soon tricked into believing that anything that offers new insights, might still be time well spent. I now realize how flawed this mentality is. I’ll admit, it’s easy to rationalize this issue by calling the pursuit of learning purely a “healthy addiction.” But I argue that learning for learning’s sake is not necessarily always a wise obsession. Why? Well, it comes down to two words…
Opportunity cost:
And now for a message that stings for all type-A personalities:
As we engage in one activity we simultaneously rule out the pursuit of another during the time of engagement.
Sorry, but this means you cannot do (or learn) everything. For this reason, it pays to be very cognizant of your educational pursuits and the time you invest in them becuase it’s not only about what you gain, but what you turn away.
So what do we stand to lose/turn away? Two primary things: One, the opportunity to learn something different and two, the opportunity to put your knowledge in action. (If you want to get philosophical, you may argue that you’re better off in “in action” because you learn and do. There is definitely some truth to this, yet I still think there is an appropriate time for study and action – but, as this entire message suggests, it is all a matter of balance.)
But now the spotlight is on you. It’s time for three revealing questions that tug at the crux of this issue. If you’re like many well-meaning achievers, you may find some imbalance. Keep in mind, the value you receive from these questions depends wholly on your level of self-honesty (Few people, if anyone, will know exactly how much time you spend doing different things). Below are 3 important (similar, but still, different) questions to consider.
- Is what I am learning the best use of my time?
- Is what I am learning the most important/relevant ______ to my current ____ (fill in the blank: aspirations, goals, profession, career, interests)?
- Has the lust of learning become an excuse to delay or avoid what is most important?
And remember, it’s what you do after all you learn that matters most.
NOTE: This is a somewhat complex topic/idea so I have broken this into 2 parts.
Your thoughts?
What are your thoughts on this topic? Post your comments below.
Stay uncommon,
Thanks for reading. Hope to see you in the comments section below. For new & different content, let's meet here:
While your point is good that learning must be targeted correctly to your objectives, nearly 100% of the people I hear make your argument have no college education and use this argument as a copout. Obviously, that’s not you, but the bigger problem I seem to run into is people who don’t want to learn, resist change and continue to live at best mediocre because of it.
I was at a job event last year and one person spoke out that even though he had no college education, he was successful. He got a standing ovation because that’s the story so many people want to hear: “I did my way.” The only problem with that story is most people don’t. He’s by far the exception to the rule.
Check out this link from the Bureau of Labor Statistics of the US Dept of Labor: http://www.bls.gov/emp/ep_chart_001.htm
I’m sure, as you maintain, there are learning junkies out there but too many adults that I run into resist learning like the plague. We have a major skill deficit in this country and too many people are waiting till they are in an education deficit crisis before they finally say, “OK I get it. I need to re-tool my skills.” I shudder to think what we’re going to look like as an economy in 10 years if learning marketable skills doesn’t increase dramatically now.
Nick, You make some excellent arguments and I agree. Your main point is very true: the thesis of my post only correlates to the minority of people. Sadly, I agree that many people do this concept as a crutch to justify inaction. It does still bother me, however, that so many people turn to and rely upon conventional education as the best avenue to increased skill and intellectual capacity. Perhaps the majority need a structured environment with accountability, and for these people, it works. But for those who do not, those who have an undying passion for self expansion (probably the minority), learning can become a distraction when it replaces action. Thanks for contributing to the conversation.
@Nick, the data in the chart you point to are commonly misunderstood. The false conclusion is that if everyone got a PHD their income would rise to the level indicated on the chart. In fact, the only result would be to increase the education level of the under- and unemployed, while reducing the median income of people with PHDs. This increasingly is what has been happening here, in Europe, and elsewhere. Meanwhile the cost of academia continues to rise much faster than inflation or incomes. So the ROI of diplomas is steadily shrinking. For further illumination, see my book, “School’s Out”: http://www.amazon.com/Schools-Out-Hyperlearning-Technology-Education/dp/0688112862/ref=sr_1_3?s=books&ie=UTF8&qid=1306509778&sr=1-3
@Lew: Thanks for pointing out. It is scary how misleading statistics can be without considering context.
@Nick, to further clarify my earlier point, part of the statistical deception lies in confusing marginal and average returns. Those making decisions to invest in diplomas in the present can expect only the marginal returns accruing to recent graduates, not the average returns including those gained by the population of older and more established degree-holders. This problem is illuminated nicely here: http://thecynicaleconomist.com/2010/10/24/the-underemployed-college-grads/
A related deception, commonly made by boosters of higher ed and institutions themselves, is ignoring the often unequal distribution of income among degree-holders. For example, in Table 1 in the following, note the wide variations in income between engineers in different vocational fields as well as between the highest and lowest income brackets: http://www.bls.gov/oco/ocos027.htm
I can only agree with what you say about opportunity cost whether it concerns time or money. It is one of the least understood concepts of our time. Happy New Year to you as well Kent.
Awesome blog. I will bookmark this page. Thanks.
I am very familiar with the concept of opportunity cost in the context of money management but had not thought a lot about this in terms of time management. It is a point well made Kent.
Confession is good for the soul. Will ruminate on your 3 revealing questions!
FYI, there is one small typo in your text.
I am glad to see it got you thinking. Opportunity cost is one of my favorite principles because it’s influence resides in all we do. Happy new year Ron.
What a joy to find such clear thinking. Thanks for posting!
This is a great post. Thanks so much for sharing, like always.
How learning can get in the way of earning – A surprising confession…
If you would have told me 5 years ago that too much learning could be detrimental, I would have sought the nearest soapbox to beam my message of opposition. But during these last two years, as I spent an increasing amount of time online, I’ve realized…
Kent, I think your concern is well justified. The novelist Hermann Hesse repeatedly addressed the dilemma you raised, most notably in the novels “Narcissus and Goldmund” and “The Glass Bead Game” [“Magister Ludi”].
More current and perhaps practical, this recent item seems especially relevant:
http://chronicle.com/blogs/innovations/the-great-college-degree-scam/28067
Your comments also brought to mind George McClellan, the Union army general who exasperated Lincoln by putting far more effort into organizing and preparing for battle than in actual fighting. Lincoln fired McClellan and several other generals until he finally found in U.S. Grant a leader who was more determined to fight than to just plan.
I also was reminded of a story told by the late union leader Albert Shanker. While visiting Poland not long after the collapse of the Communist regime, Shanker asked a high government official [maybe Lech Walesa?] how Poland was going to accomplish the daunting task of completely replacing the decrepit communist apparat with a modern market economy.
The official stated that he saw only two alternatives: the “normal” way and the “miraculous” way. Shanker naturally asked for further definition of the difference in those options.
The normal way for the Polish people, the official explained, would be for a crowd of angels to descend from Heaven and transform all the factories, power plants, railroads, stores, and such.
If that was the “normal” way, Shanker puzzled, what would be the “miraculous” way?
Oh, the official noted, the miraculous way would be if the Polish people just did it all themselves.
I enjoy short stories like that. Thanks for sharing Lew. Very interesting.
Talk about a situation on a personal level, this one really made sense to me! I’ve recently been debating actually going back to school, (again, 4th time in 3 years) for more training when all I really want to do is work on a goal plan written 3 years ago that says my start-up should be well on its way already. I too, made myself busier learning when I should be DOING. 2011 will, rather, IS the year I start MOVING on my new business by DOING. Thanks for the inspiration Kent!
Rich: Thanks for sharing Rich. It sounds like 2011 will be a productive year for you. All the best
Kent, this is a great post, and was, quite frankly, a little uncomfortable for me to read.
Basically, I am an information junkie. I am really, really good at research, and always thrill at finding how one little nugget of information can really change an idea or make it better.
The challenge is that I often suffer from the “just a little more” syndrome.
My new motto for business, is that good enough, is good enough. If I wait until I think that something is perfect, I will constantly be waiting, not pulling the trigger on anything.
So thanks again for the post, the uncomfortable feeling was needed…
Excellent Rob. On discomfort: One’s success in life is directly related to the number of uncomfortable conversations (with self and others) they are willing to have. One of my favorite thoughts. Sounds like we have a similar challenge: “Just a little more.” Haha. It’s funny you mention, “Good enough, is good enough.” That is the title of another post I am working on. Very true.
Wonderful and thought provoking article; many thanks for you insight and fine articulation.
As a professional Information management change agent, I find that many simply don’t gain a handle on wholistic thinking that aggregates the left and right brain functions of deductive and inductive thinking.
I guess your message is synonymous with many spiritual folk who are so heavenly minded, they become of no earthly use. The imbalance between knowing and doing has been conditioned into us specifically in this portion of the 21st century.
IMO Personal Knowledge Management (PKM) may be a good start for many who struggle with the concepts of personal knowledge and the monetizing of out thought processes.
Great article, and thanks again for motivating me to think more deeply regarding the gap (read chasm) between thought and action.
Thank you Wallace. I am glad you found value in the post. I like your comparison to wholistic learning. I am working on part 2: Is it time to learn or earn? so keep your eyes peeled.
This is really very very informative post. Why don’t you write some tips about Top MBA Programs?
John Michals
Kent,
This is a very thought provoking article that really pinpoints the root of some issues. I’ve been all of the things you described (and to some degree I probably still am). In my own experience I’ve found that that the biggest issue with information overload is not filtering it down into actionable ideas. I see this over and over again with bloggers. They comment, they read, they even say what a great idea something is and a few weeks later they haven’t actually used the idea. I try to take one new idea a week and put into action. I’m guessing about 10% work and 90% don’t but, eventually my entire arsenal and strategy of how I do everything will be based on the 10% of ideas that work. As far as traditional education goes, I’m with you. I look at business school and it feels like a $150K vacation. Lots of food for thought in this post.
Thank you Srini. I like the example you use. Very good case in point. And your idea to take one concept at a time and apply it is a great suggestion.
Hi Kent,
This is an absolutely fantastic article. In the tech world, this problem is amplified even more. Because there are so many tech blogs, communities, opinions, etc… and entrepreneurs are so focused on making themselves better, they think that reading = working. This is not true.
More information is created every three days online then from the beginning of time to 2002. There is no human way to read everything. The other issue I see is that most people “surface read” meaning they read what everyone else does, not getting into the meat of every subject.
All in all, execution in life is more important – there is a balance in everything.
Spencer: My thoughts exactly. Well said. Thanks for commenting.
What an awesome way to explain this concept.
[…] This post was mentioned on Twitter by L Chiodo. L Chiodo said: RT @sebastmarsh: I agree with this – http://dontgetburnedblog.com/learning-can-get-in-the-way-of-earning-part1/ […]
Hi Kent,
Nice post. Yes, I’m “guilty” of this too, and in one corner of my mind I have always wondered if I was overdoing it.
Question in my mind is – isn’t there is an opportunity cost to practice too? And a significant one? I can spend 10 minutes reading about something, but it takes hours and hours (if not days) if I want to put it into practice and get good at it.
Soham – I definitely think there is an opportunity cost involved in taking action. In fact, I believe there is an opportunity cost involved in everything we choose to do. The message I wanted to communicate is the danger of overemphasizing the importance and value of learning for learning’s sake when more action/practice is really what is needed. Since opportunity cost is always taking place, I think those who are best at candidly assessing what they are learning and the amount of time/energy/resources they spend doing so, will thrive in this information age. The underlying assumption of this post is that most people (like myself) err on the side of learning since it is typically more fun and, of course, safer.
Good piece, thanks for turning me on to this. Yes, I agree.
As a sidenote, I tried to submit this to Hacker News but it was auto-killed… I’m not sure if the problem was with my account or the spam filter was getting overzealous or what – I thought this was good and worth sharing. Sent it out on Twitter, but I think the HN crowd would enjoy it too. I’ll look into it later, in the meantime – great piece and I agree.
Hey Sebastian,
I put this up on HN (Hacker News) but the algorithm on the site may have pushed it down (have not looked into how it works). Hopefully others will see it and get something out of it as I have.
Thanks Sebastian. Glad you enjoyed the article.
And thank you for letting me know about your challenge of posting to HN. I have experienced the same problem and have had several other people tell me the same thing. I have tried to change all of the variables of submission but to no avail. For some odd reason, HN must be marking my URL as spam. This is really frustrating because I have had excellent feedback from the HN community. Hacker Monthly has even republished my previous material in their magazine as a result of the hits on HN. I will continue to try to contact someone at HN, but I do appreciate you willingness to spread the word.
Nice post Kent. I wrote something similar to this but definitely not as good and as focused as yours is (I am new to the game of blogging). I definitely agree with the whole aspect of balancing the learning and doing act. I think some of the reasons people tend to want to learn more are sometimes fear based, forms of obsessiveness, or a form of procrastination.
The fear based model I have seen people use (myself included) is that enough is not known to embark on the journey. This journey can be a startup idea, a blog, working out in the gym, or anything else that requires putting what you already know to use. For me, I think it definitely was the feeling that I did not have adequate knowledge to jump into the tech startup arena. These fears for me came from the internet and reading about what other people did. Listening to them as well in interviews talk of the complexities and things one needed to succeed paralyzed me for sometime with the feeling that “I am not smart enough” or “do not have all the necessary resources” to try. Sometimes it also seemed to me that I needed to belong to some elitist group of ivy leaguers in order to get ahead in life; nothing can be further from the truth. This sent me out for sometime on the never ending foolish quest to “master it all”. I have given up on that and have decided to do what companies do: there is someone else out there who knows it well, open your wallet and pay them to assist in that area. In addition, you can learn as you go (the emphasis here being on going) and not reading endless amounts of books with no action. How else will you internalize what you have learned or as Sebastian has said in his post http://www.sebastianmarshall.com/?p=158 “intek” it (internalize knowledge). In the tech industry I see a lot of people learning endlessly because of the fear of becoming obsolete or un-marketable if they do not learn about the hype around the latest technology or buzz word. I think it is fine to pick up stuff and try new things, but try to keep up with the data deluge is not a scalable approach. I think Tim Ferris was right in his book the “The Four Hour Work Week” for the need to “Cultivate Selective Ignorance”. We can always catch up to some extent with the necessary bits of knowledge we need by batching, but keeping up with it will cause all other endeavors we have to take a hit.
Then there is the obsessiveness factor that I think you did a great good highlighting. This obsessiveness is kind of leaky in the sense that it spills over and fuels procrastination. The constant need to learn new things to be competitive, e.g. SEO (search engine optimization), marketing, programming, sales, managerial skills, etc. for me was a huge stumbling block until I realized the power of the dollar and its ability to get me help! I think your questions, especially number three, hit home with me about a 2 weeks ago and I am no longer trying to build a massively scalable and perfect system. I think trying to achieve perfection is like trying to count the last number… There is no such number, it goes to infinity. You can go towards infinity but will never reach it, the same can be said of perfection. It is where your heading towards but will never get there so accept it.
I have a few questions for you:
How do you strike a balance and get busy doing stuff? Do you ever feel the need to have complete expertise about the stuff you blog on? What do you think is better to achieve, breadth or depth? For example, should one be like a general physician and know a little about a lot or specialize in something similar to what a heart surgeon would do? I think people in the tech industry pursue breadth to it extremes at times because of their fear of being outsourced (you also wrote a nice piece on this which I think may correlate to some degree with this post)
Thanks for the post and I hope I have not written too much for your post but I really enjoyed it and am I glad to have you on my RSS feeds. The other recent posts on Assumptions also rock!!!
Hi Mike. Great comments and thank you for your thoughtful response. I think your ideas are accurate. Really like the Intek concept as well. Sounds like you have gone through a similar process in assessing the real value of your self-education. I can certainly relate to your personal examples.
Regarding your questions, I will endeavor to answer some of these in more detail in my follow up post/s on this topic, but I can quickly and easily answer your 2nd question: No. I never think of myself as an expert – just a thinker. I simply share my thoughts and hope they may inspire others to think, question, and reexamine their habits, assumptions, and beliefs. I do try to assess my thoughts the best I can and spend quite a bit of time crafting my posts before publishing them, but I know they are not “perfect.” That’s why I look forward to people, such as yourself, offering their thoughts and contributing to the conversation. And on a related, but slightly different topic (to all bloggers), I do think it is very important to exam your own theories before posting them (focusing on quality rather than quantity).
Thanks again for sharing Mike – and most of all, thank you for being a “conscious thinker.”
I love to learn and read. Thanks for sharing tis.