BRX Pro Tip: 3 Career Tips
Stone Payton: And we are back with Business RadioX Pro Tips, Stone Payton and Lee Kantor here with you. Lee, you have built a successful career by any measure. You’re doing the work that you love. You make a comfortable living. Let’s leave our listeners with a few career tips.
Lee Kantor: These three career tips are not from me, but they’re from my new favorite thought leader, his name is Scott Galloway. He’s a professor of marketing at NYU Business School, and he wrote a book recently called The Algebra of Wealth. And it’s a great book about a lot of things, but one of them he talks about is about how a young person, especially, can achieve a career that they’re going to be happy with.
Lee Kantor: And one of the first things he says is to follow your talent, not your passion. He is not a big believer in chasing your passion. He thinks that only successful, wealthy people give that kind of advice, to follow your passion. He says that passion often follows competence, and building expertise in your natural strength leads to greater rewards, recognition, and eventually genuine passion for your work. So, follow your superpowers, not exactly kind of the things that you’re super passionate about. Your passion will come from kind of exploiting your talents.
Lee Kantor: Number two is always develop a bias for action. Success comes to those who take action and iterate quickly. The sooner you start, the faster you learn. The faster you learn, the faster you improve. So, don’t get stuck in endless planning. Move forward. Gather feedback. Refine as you go. Take action.
Lee Kantor: Number three, and the last tip, live below your means and invest early. No matter your income, consistently spend less than you earn and invest the difference. Time is your most important and powerful ally. You have to start early. You have to diversify. And you have to let compounding work for you. When you’re young and you’re making money, you have to invest the money. You have to enjoy the fruits of compounding. This financial discipline is the key to long term security and freedom.
Lee Kantor: It’s a great book. He’s a great podcaster. I highly recommend that you check it out. The book is called The Algebra of Wealth. And I highly recommend you check him out as a podcaster, he does a bunch of podcasts, Scott Galloway.
Lee Kantor: And remember, in your career, focus on your strengths, act decisively, and build habits that compound.
