There are numerous benefits to helping others succeed. First and foremost, most of the people you help will remember it and do the same for you some day. I remember my father-in-law mentoring a young intern pharmacist by helping him with homework over the phone, and years later witnessed him ask for advice from the young pharmacist who had graduated by then and was an expert on the latest developments in the industry. When you help others, it builds your network of people who can be relied on for advice, references, open positions, etc.
Experts say we retain 50% of what we write down and 80% of what we teach to others. By teaching others, you’re actually reinforcing the knowledge you’ve learned so it doesn’t fade over time. When teaching, you gain knowledge yourself from getting the perspective of someone who views the problem in an entirely different way. If you’re open enough, interactions like this lead to the next industry development or business disruption because you’re able to combine your deep industry knowledge with someone else’s knowledge of current technology, etc.
Finally, helping others succeed is a sign of strength and leadership potential. Your organization will notice who’s sharing knowledge and helping the entire organization grow, and who’s hoarding knowledge to keep everyone else weak. Both the sharing and hoarding are very apparent to leaders in the organization, and despite the hoarders believing they’ll be promoted for their superior knowledge over everyone else; the opposite is true. Good leaders recognize the power in sharing and teaching within the organization and will promote people who possess this behavior.
Who can you help today?