Most wealthy people I know, became so because of having a fulfilling steady job.
We don't talk about them because we salivate on the startup billionaires, of which there are only so many.
Consistent Salary + Investing = Wealth
Lie 2:
You are unambitious if you are an employee.
A startup isn't for everyone.
I have met the most ambitious, committed, driven professionals who derive joy from their jobs. They would make terrible entrepreneurs.
It is this awareness that makes them successful.
Lie 3:
If you are young, you only learn working in or doing a startup.
In a corporate job, you learn structure, you learn planning, you learn systems, you learn processes.
Most importantly, you learn how individual contribution across multiple teams, moves a large engine.
Lie 4:
You can never be happy working for someone else.
Most people who I know are immensely happy with their job rarely claim to be working for someone else.
They are working towards the larger goal of the organization.
And they feel proud to be contributing towards that.
Lie 5:
All workplaces are political.
Humans, are political.
We love to gossip, we love to guard our own territory and we do not like being proven wrong.
The key then is to find an organization (and several exist), where merit is more important than who or what you know!
Lie 6:
Don't make friends at your workplace.
It will be such a tragedy if you believe so.
Instead, avoid organization that play zero-sum games. That say, "in order for you to win, someone else will have to lose."
Work at places where competition is considered a healthy trait.
Lie 7:
Salary is an addiction.
It will be an addiction only if you spend more than you earn, leaving you with no choice but to keep earning.
Do not overspend, do not take excessive loans, do not use credit cards for credit.
Lie 8:
What you know, determines your worth.
There are 2 types of organizations.
Those who thrive on information hoarding and those who thrive on merit.
Avoid those where what you know determines your power.
Those will never appreciate you for what you do!
Lie 9:
You don't have any work-life balance in a job
If you think working in a startup or building one is going to give you work-life balance, you are wrong.
There is just one truth - for you to be the best at what you do, you will have to give it your everything.
Job or startup
Lie 10:
There are no jobs out there.
There are plenty of jobs, but they don't come to you on a platter. You have to find them out - LinkedIn, Twitter, Cold emails.
A company will always make room for high-quality people. Always!
Lie 11:
Experience is the only thing that matters.
Experience is important. More important though is attitude and curiosity, because that ensures that you can gather experience in any new field, if you have to.
If without experience, bank on your attitude and curiosity.
Lie 12:
"My company will never fire me. I am too important."
No one is too important.
Everyone can be dispensed.
Don't ever get entitled.
Don't ever get comfortable.
Lie 13:
Staying in a company for too long is stupid.
When you say you have 5 years of experience, is it 5 years of experience or 1 year repeated 5 times?
As long as you learning, stay.
It is an opportunity to compound, the results of which you can't predict.
Lie 14:
Staying in a company for too short is stupid.
If you are not learning, if you are not happy, if you are constantly dreading the work, if you are made to feel horrible - then holding on to the job just because "it won't look good on the resume" is stupid!
Lie 15:
Hard work is always rewarded.
Not true.
Hard work without direction, is work wasted.
Focus on the direction and results of your work, just as much as you focus on the intensity of it.
And showcase that work.
Not just through talking. Through its impact.
Lie 16:
The first job out of college is very important.
Here is the truth
Your first job is not going to determine your life.
Your first salary is not going to determine your life.
Your first title, your first company - all of these things do not matter as much as think they do.
Lie 17:
It is really hard to change industries.
It is not hard. It just takes time. And most people do not have the patience.
Want to change industries?
Continue in your current one. Work nights and weekends on your new one - courses, internships, projects, communities, for 1-2y
Lie 18:
If you give the company or your manager feedback to improve, you will get fired.
If you get fired for giving feedback, you are in the wrong company.
Lie 19:
You get the best jobs only through networking
Early on, the best jobs need to be hunted. Searched for. Chased.
Cold emailing is a great tool for that.
Later in life, the best jobs find you. Because of your reputation in the market.
Our parents made us see a very different version of a job.
For them, a job meant survival.
They had hard lives.
And not too many choices.
So we grew up, seeing our parents lose their identity and zest in their job, but still have no option to give it up!
We assumed that's what jobs do to you!
They kill you within.
They fill you with regret.
They clip your wings.
They hold you down.
But the world is a different place now.
We have choices.
We have opportunities.
And we have access.
One can have a meaningful career, build a lot of wealth, have time for themselves, be genuinely content with their life...
...all while working in a job.
Provided, it is a job that chose you and you chose the job.
Do not diss upon people who have jobs.
It may be the best choice they will make in their life.
Do not feel guilty if you have one.
It may be the best choice you will make in your life.
"Choose a job you love, and you will never have to work a day in your life."
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1. Lenovo Yoga
I use all Apple products, except a laptop. Simply because my hands are not set using Excel on Windows.
@davidgoggins is not just a masterful author, he is an exceptional narrator too.
His hitting life experiences hit me, made me realize my privileges and left me with the biggest lesson - no one can hurt me, if I don't agree to be hurt!
We designed our hiring process to check for culture fitment, attitude, curiosity.
Which meant looking at the resume much later. Instead starting with understand the person.