Here is the truth. Nearly 100% of the people will never become rich in their careers regardless whether they work for themselves or for other people even if their career earnings are a million plus. The issue is economies of scale, cash flow limitations, experience gap and more or any combination of these. Borrowing or raising money often requires a reputation of continuing success, significant amount of collateral assets or a network of entities who are willing to co-sign. As per my previous post on the RAAALTE method, realistically, the only way to get ahead is to take calculated risks that you have a high probable chance of success while you also have a day job that can pay the bills and provide a safety net for your physiological and psychological benefits. Most jobs lead to dead-ends because their purpose is to facilitate employment so consumers can afford to buy from the companies that employ them as employees. Some investment in oneself yield better returns than others because they translate and transfer very well to everywhere. For example, an Ivy Plus education typically will mean significantly better life-time employment prospects than a non-Ivy Plus and non-near-peer Ivy Plus education.
Surprisingly with scholarships, many Ivy Plus schools can be just as inexpensive if not more inexpensive than state school. Even without scholarships, many Ivy Plus schools are frequently no more expensive than non-near-peer Ivy Plus private schools. Attitude is everything in life. Most people can be trained to do a job well. If you are generally pleasant to work with, in Western societies, you will do just fine even if you perform AAFRL, a terminology I discussed in a previous post. Certain language skills are also very transferable. If you are a fluent English speaker, I believe Spanish is the absolute most important and easiest language to learn. Spanish speaking population segment will continue to grow rapidly worldwide and in North America Latinx/Hispanic descendants will likely account for over 30% of the population within 40 years. Spanish is a no brainer pick over French, despite its growth in usage in Africa, when choosing a second language for fluent English speakers for many reasons that I will not discuss here mostly due to social contract reasons. The hype over learning the supposed superpower East Asian country’s language in your life time is probably over and will likely yield little benefit as it struggles during its de-globalize/de-westernize phase during at the very least the better part of your career. That country realistically need to gain unfettered access to the Pacific Ocean to be on equal playing fields with the combined core Western Alliance aligned nations. It most likely won’t expand eastward into the Pacific due to impediments that they likely do not want to confront in the next decade at the very least and instead will likely explore northern and/or westward inland expansions, basically cannibalizing its own semi-alliances.
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How to maximize your career potential.
In terms of majors or career choices, I believe one should pursue his or her passion. When people pursue their dreams, they will ultimately be more motivated and eager in their careers. However, I think in general, if one does not have a particular strong passion for anything, choosing a career that will allow one to find jobs easy due to demand and be closer to money, as it is the medium of exchange that will allow one to acquire various things, might be the smarter move. Besides experience, getting a top license/certificate in a chosen field is probably also very important and likely at least somewhat transferable given it at least represent the cream of the crop in a given occupation which at the very least says a lot about one’s work ethics. And of course, having sufficient FU money, which frequently operate in similar logic as MAD in the geopolitics context, is almost always important as it gives one assurance and time to pick and choose on one’s own terms without being pressured to make disadvantageous decisions due to financial desperation.
In any work place and in life, there will always be people who you don’t like or who don’t like you for various reasons and many times for no fault of yours or the other person’s. Bosses and coworkers come and go just like you in your career. I think what is important is to stay in a workplace for a stable amount of time, learn the important skills in that job then move on to a new position or a new job within a given or related field. Obvious the opportunities you get will likely depend on your skills, experience, degrees and licenses/certificates as well as your personal traits such as likability and attitude. You don’t need to be liked by all, you will have to be reasonably easy to work with while at the same time protect yourself from encroachment to your lane, continuously to grow and avoid being exploited. If you plan to AAFRL, you need to first scale to a point where you can take risks while also have the kind of stability to fall back on. The all-in-mentality at the unprepared stage usually have an extremely low probability of a good outcome.
I think the key word is balance. Even when at work, you need to figure out what you can delegate/train other people on so you have the bandwidth to learn new skills at your job while at the same time maintain your value to your employer by not appear to be comparative less useful when compared against your newly trained colleague(s). That balancing act requires timing things correctly and gauging your value to the company properly. After all, every exit is an entry and every entry is an exit. I do however believe when you are well-established as a capable and reliable employee due to your experience level, skills, educational background and professional certifications, you probably already gained enough trust equity from all that you are valuable to the company regardless how you will be utilized at work in a legally compliant manner. I think successfully leveraging transferable skills increase career success rate by a wide margin. I also believe the more transferable skills one have, if they are reasonably attained from a resource expenditure standpoint, the more valuable one becomes in the job market and in society which will likely yield significant benefit for that person.