Not exactly what one would expect to hear from the billionaire founder of one of the largest tech corporations in the world. Gates’s insightful admission comes on the heels of Mark Zuckerberg’s impressive demonstration of semi-fluent Chinese during a Q&A with Tsinghua University students in Beijing last October. By learning Chinese, Zuckerberg clearly demonstrated that mastering a foreign language is a key step toward developing deeper business relationships and winning the hearts and minds of target markets — and he’s right. Here’s 5 of the best options to consider when learning a foreign language.
1. Spanish
Of all the languages in the world, Spanish is the language online translation agencies work with the most, reflecting an enormous market the world over. Aside from the huge potential of almost all of South and Central America with emerging economic powerhouses such as Mexico, Argentina, Chile, Peru, Colombia and Venezuela — not to mention the significant market in Spain itself — learning Spanish is worth it if only to reach the Hispanic speaking community in the U.S., whose purchasing power is already more than a trillion dollars and growing. As opposed to its spoken dialects, Spanish written forms are more uniform than other languages which makes them simpler to learn. As a Romance language, with the same letters and roots as English, you’ll probably twist your tongue a lot less than when learning Chinese.
2. Portuguese
Portuguese has already become the fourth most-translated language at our company, reflecting an exponential rise in recent years. It’s obviously not Portugal we’ve got our eyes on here, but rather Brazil, which is quickly transforming from emerging market to one of the world’s richest nations. With a huge population, tons of natural resources and a growing tech community, learning Portuguese will go a long way to penetrating the intricacies of the local business culture. Plus, imagine the fun speaking the local tongue come Carnival time.
3. Mandarin
There are dozens of different languages and dialects spoken in China, and while Mandarin is by far the most widely spoken — in fact, it’s the most prevalent language in the world with 1.1 billion native speakers — other Chinese dialects are spoken by hundreds of millions of people. Wu, for example, used in the financial hub of Shanghai, is spoken by more than 80 million people — that’s a potential market the size of Germany! Depending on what area of China you’re targeting and the fact that written dialects in the country are basically uniform, learning Wu, Jin, Min or Yue will certainly be worth the effort.
4. Arabic
5. German
German is the second most-translated language at agencies, reflecting the country’s status as Europe’s largest economy and one of strongest economies in the world. Enough said. Learning a foreign language may be a major investment of time and energy, but speaking even a rudimentary level of a country’s native tongue goes a long way to breaking down walls.