Thread by @BowTiedElephant

🔹☀️🔹Things You Should Realize After 1 Year On the Job - PART II 🔹☀️🔹

Thread 👇

First, checkout Part I that has the first 10 items

https://twitter.com/BowTiedElephant/status/1394686368379453441

Here goes the remaining 10 items...

11. LEARN TO ENJOY SALES

There are few professions that pay well

This creates an issue where you must choose between a performance based sales position or a performance based analytical position

The rare positions that are 100% analytical (quants/engineering) usually come with a steep social cost...Terrible people skills and a poor social life

If you don’t believe this, go find some engineers/quants and take a hard look at their girlfriends. You won’t be happy

The choice is clear

You need to learn to sell

Selling includes promoting yourself as a brand and selling yourself in an interview

It includes selling a product or service

It even includes convincing a girl to go on a date

This is a much better skill to learn than any Excel or PowerPoint which can be outsourced to India for pennies on the dollar

You can apply it to everyday situations as well

12. Becoming a Millionaire is Not Impressive

Run the Math

You’ll see that becoming a millionaire is not a difficult task at all

You should reach this mark by your 30s and becoming a multi-millionaire before 40 is not a far stretch by any means

Over a 15 year period, if you put away just $1K per week you’re looking at $1.3M+ (7% return assumed)

At this point you’re ~36/37 years old and this assumes your income has not increased since your second year as a 23 year old investment banking analyst

13. YOUR CONTACT LIST > YOUR DEGREE

When you graduated college, you looked up to your professors

If this is still the case after a single year of work... you’re in the wrong industry

Regardless of your profession, your contact list will determine your pay grade much more than your degree

A top degree is certainly a pre-requisite... but as soon as you begin your career your focus should shift

Obtain more contacts, contacts and contacts

14. YOU DRESSED LIKE A SLOB

After a year passes by you should be donating clothes to charity like you’re doing laundry

You’ll realize your wardrobe did not reflect your skin tone appropriately. Your clothing did not fit

Oh and your hair needs to be redone as well

15. YOU NEVER WORKED HARD IN COLLEGE

There are extremely rare exceptions, but for the most part...You’ll realize college was a cake walk

Even if you worked 1-2 jobs, took a full course load and stayed in shape. It is still absolutely nothing compared to real life

You’ll be put in your place quickly when you see your first credit card bill... with hundreds of convenience store purchases

Adapt or die

16. YOU MUST EMBRACE THE TECHNOLOGY QUICKLY

The world is going to evolve. Stay on top of it

Conveniences that were previously relegated to the rich are going to be available to the masses sooner than later. If you don't embrace it, 1 of 2 things has occured:

> you were unable to adapt or
> the technology shines the light on your weak spots

Don’t let this happen to you, once technology passes you by it will take significantly more effort to catch up again

17. LEARN TO AVOID TECHNOLOGY ADDICTION

This is a tough line to draw

While you should be on top of new changes you cannot become glued to a single application

This will cause you to miss new changes and will distract you from more important matters

Find a time frame for each usable app, email checks 2x per day at max, automatic alerts for important applications and a synced calendar should solve your headaches

18. ALWAYS CHOOSE RESPONSIBILITY

Most people are afraid of responsibility

You should jump at it

You’re not going to get paid a lot more by doing the same task over and over again, it is not how businesses work

Any time you have to make the choice between a few thousand dollars and a change in responsibility... always choose responsibility

You will be seen as more mature and much more qualified for the next big project that comes down the pipe

19. MEDIOCRE PEOPLE WILL RUIN YOUR LIFE

Once you realize a person is mediocre you need to leave them

There is no exception to this rule

As soon as you realize a person is mediocre you need to leave them

Mediocre people will try to compete with you, they believe they are smart and they will never show any meaningful improvement over time

When they catch a few lucky breaks here and there, they are first to jump on twitter/facebook/group text messages/emails and play their sirens loudly. Just ignore them and move on

If you are unsure if a person is mediocre put them in a position to lie.

If they bolster simply cut them off

Now, if they sandbag you... temporarily reconsider your position

20. YOU SHOULD EMBRACE EMBARRASSMENT

Every year you’ll take a look at your old beliefs and laugh at how wrong you were
Take this in stride and strive for more embarrassment
If you consistently change major views, this means you’re getting better

As you know, if you’re not getting better...
Well you may as well be dead

FIN!!

If you love this message by @BowTiedBull you should subscribe to his Substack which foretells future with uncanny accuracy (and makes you a lot of money as well)

bowtiedbull.substack.com/subscribe