Episode Transcript
Transcripts are displayed as originally observed. Some content, including advertisements may have changed.
Use Ctrl + F to search
0:03
All right , listen up , it's the old
0:05
jarhead back again , to give you some
0:07
great financial advice Advice
0:10
that is guaranteed . What did I say
0:12
? Financial Whoa ? That's
0:15
not correct . It's career advice , but
0:17
today it has a financial
0:20
twist . So
0:22
I'm going to give you some good advice today , and it's
0:24
based on an
0:28
email I got from a financial planner on
0:30
the four areas to focus in for
0:33
financial success and
0:36
I looked at it . I thought this is a reasonable
0:39
approach . It was basically you set
0:41
goals , you measure your progress , keep
0:43
emotions in check and work with professionals
0:46
Kind of a pitch to hire them right , but
0:49
anyhow . So I thought maybe there's some good nuggets
0:51
in here and how it could apply to
0:53
your career . So let's
0:56
get going on thinking about that . So let's take a look
0:58
at those four areas , those
1:00
four focus areas , and how they may
1:02
apply to your career . First
1:05
is goals . Bottom line . You
1:07
need to set them for your career . How
1:09
can you have professional growth if
1:12
you don't know what you want
1:14
to grow to be ? You
1:16
got to have it right Now . Growth can be in
1:18
a lot of ways . One might be where
1:20
you want to go from where you are to
1:22
a management position . Another
1:25
may be more technical , something like
1:27
becoming a master plumber or
1:29
getting your PhD in engineering
1:31
. So what
1:33
you need to do is to think about
1:35
where you would like to be in a
1:37
period of time such as maybe a couple
1:39
to five years , and then that becomes
1:42
your goal . I know , when
1:44
I started with my last company , I was hired as
1:46
a senior analyst , but I set a
1:48
goal for myself to become a project leader within
1:50
two years and a program manager within five
1:52
. Those goals kept
1:55
me focused on the sorts of projects
1:57
and customers that I wanted to work with
1:59
, and ultimately I progressed faster
2:01
and I was a PM in about three
2:03
years , but I knew where I wanted to
2:05
go . So think about where
2:08
you would like to be in the future and
2:10
make that your goal . So
2:12
next measure progress
2:14
right . Second step it's
2:16
essential to keeping your goal . You
2:19
need to set intermediate
2:21
goals . In my case , my ultimate goal was
2:23
to become a PM within five
2:25
years , but the step I needed to take
2:27
to get there was to become a project leader . So
2:30
that was my way of measuring success
2:33
toward my ultimate goal of being a PM
2:35
. So do the same for yourself . If
2:37
you want to get an advanced degree within
2:40
, say , the next four years . Think about what you need
2:42
to do over those four years that will lead
2:44
to that degree and measure your
2:46
progress . Too many people fool
2:48
themselves by setting a far off
2:51
large goal , but do not set intermediate
2:53
goals to measure their progress and
2:55
when the time comes close that they said they wanted
2:57
to achieve their goal , they're not even near
3:00
where they should be . Don't
3:02
be like them . Set
3:04
intermediate goals and measure your progress
3:06
and if you get off track , think about
3:08
why you got off track and how you can adjust
3:10
your plans or either make your goals different
3:13
than you initially intended . You
3:15
may have to push your goals further out , but don't
3:18
beat yourself up over this . Just realize that
3:20
sometimes other priorities , like family and health
3:22
, take over and you need to adjust
3:24
your final and intermediate goals . Do
3:27
it then . Get back on track , okay
3:29
. Moving on the
3:31
third one , keep emotions in check . So this was
3:34
focused on market volatility and
3:36
the need to stay the course during periods of
3:38
market volatility to achieve long-term
3:40
financial goals . Right , okay , roger . Same
3:43
thing could be said about your professional
3:45
life . Let's say , a coworker
3:48
gets the advancement that you want or
3:50
somebody gets more credit for a project that
3:52
you should have gotten that recognition for
3:54
. You can't let your emotions
3:57
get the better of you . It will do you
3:59
no good . This is a good time
4:01
to write out your thoughts on your
4:03
own . Keep this writing to yourself . Write
4:06
them out , maybe even more than once
4:08
. Okay , I found that that helps too
4:10
. Throw the first one out . Start all over again . It
4:13
settles your mind and gives you
4:15
the calmness that is essential should
4:18
, for example , you want to talk to your boss
4:20
about why you didn't get that promotion or
4:22
project credit . Asking
4:24
for this feedback in a calm , professional
4:27
manner could do a couple things . One
4:29
is make the boss aware of your feelings about
4:31
the situation . Maybe she did not realize
4:33
that you wanted a promotion , but
4:36
the best reason for this is that you may learn
4:38
of a weakness you have , but you
4:40
did not know , and so now you can
4:42
work to eliminate that weakness . Now
4:44
you've turned what you thought was a loss into
4:46
something positive . So
4:48
keep your emotions in
4:50
check . Finally
4:53
, the focus on getting
4:55
professional help . What the financial
4:57
advisor tried to get across was to hire
4:59
them to manage your financial
5:01
investments , but for us , I
5:03
think this could mean get a mentor
5:05
, even an informal one
5:07
, somebody who can guide you
5:09
and is willing to give you advice that you
5:11
may not want to hear , but need to hear Someone
5:14
who has your best interests at heart and
5:16
is able and willing to give you the time
5:19
. And it really helps if it's somebody
5:21
you just enjoy being around . Okay
5:23
, so there you have it . Financial advice
5:26
turned into career advice by the old jarhead
5:28
have a goal , measure progress
5:30
, keep your emotions in check and
5:33
get a mentor . I guarantee
5:36
you this will help . Thanks
5:38
for listening and tell your friends
5:40
and look forward to next week's Bye , thank
5:42
you , thank you
5:44
.
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More