Tag: Job decisions

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Aim at the right target

The Navy’s Tomahawk cruise missile soars at 550 miles per hour and can hit a target up to 1,500 miles away. The smart missile’s onboard guidance system uses satellites and global positioning system (GPS) calculations to make course corrections to ensure accuracy within 15 feet of a target. Imagine a missile 20 feet long, almost 2 feet wide, and weighing more than 3,500 pounds flying through the air toward its target. Two coordinates are required to make course corrections—the missile’s location at the moment and the target destination. Course corrections are impossible if either coordinate is missing. 

You launched years ago following a trajectory shaped by your birthplace, parents, and education. Do you have a clear target now? Where are you in relation to your desired destination? If you don’t know the answers to both questions, you can’t make needed course corrections. And you will probably not end up where you want to go. 

What do you hope to achieve in your life, and what kind of person do you want to be? Unfortunately, most people don’t invest enough time contemplating these questions, even though you are always moving toward something. Be aware of where you are headed and what you are aiming at.

Career decisions are bets on your future

Your career choices are the most crucial coordinates under your control as you move toward your goals. Your direction matters more than your speed, so what you decide to work on is far more important than how hard you work. You can be a fantastic engineer, marketer, or salesperson, but if you work on the wrong problem, take the wrong role, or work at the wrong company, you’re not going to get where you want to go.

Job and career choices impact a lot more than your finances—they have an outsized impact on your happiness and quality of life. The jobs you choose impact where you live, how much free time you have, the quality of your relationships with friends and family, your health, what type of house you buy, and who you marry.

You are likely going to spend 80,000 hours working during your life, so think hard about where you want to wind up in your career and create a plan of action to start moving in the right direction. Crafting a career path that provides fulfillment, financial independence, and supports your desired lifestyle requires thoughtful planning at the outset and course corrections along the way.

Think long term. Imagine the future and work backward. What does success look like? What are you aiming at? Clearly defining a target ensures that the next job you choose leads you in the right direction. I’ve included a planning exercise and questions below to help you think through and clarify your goals.

You don’t want to have regrets. For most people, their biggest regrets stem from the things they chose not to pursue. The people, places, or ideas left unexplored. Don’t fall into the trap of choosing a career simply to please your parents or your friends. Don’t get a job only so you can make a lot of money to buy a fancy house and car and expect to feel fulfilled. 

Imagine your funeral. Who will attend? What will they say about you? How do you want to be remembered? The jobs you choose determine how much time you spend with family and friends and how much energy you will have to pursue your interests or mission. Don’t waste time and energy working in a job that’s not guiding you toward your desired destination. 

Identify where you find purpose

For some people, work provides a sense of purpose and allows them to be useful by contributing value to something bigger than themselves. Others are more likely to find purpose and value outside of their workplace.

Understanding where you are most likely to find meaning in your life will help you make wise job choices. For example, if you know that raising kids will be your primary path to purpose, you should select a job that will maximize quality time spent with your children.

People crave meaning and purpose. We create meaning through our beliefs, thoughts, and actions. And we use stories to extract meaning from our experiences and to understand who we are. 

You find meaning by voluntarily shouldering responsibility. This is not intuitive, especially because our culture tells us to seek pleasure, accumulate material wealth, and shed responsibility to live “the good life.”

Viktor Frankl, a Holocaust survivor and professor of neurology and psychiatry, founded logotherapy, a type of psychotherapy based on the premise that an individual’s primary motivational force is to find meaning in life. In his book Man’s Search for Meaning, Frankl describes three paths to a meaningful life. Notice how taking responsibility underlies each of his recommended paths:

  1. Through meaningful work;
  2. Through nurturing and caring for another person (e.g., raising children); and
  3. Through overcoming adversity and suffering.

What path are you on? Will it lead to a meaningful life? Do you want to change direction?

Are you seeking a job, career, or mission?

Get clear on what you’re seeking. Most of us need a job—a way to earn money to support ourselves and our family. A job pays the bills. You don’t need to love it, and it does not need to be your primary source of life fulfillment. 

A career is a job you’re good at and one you are willing to make sacrifices for because it provides fulfillment.

A mission is your calling and the highest possible pursuit. No one can give it or take it from you. Your mission may be the same as your career, but it doesn’t have to be. Sometimes you get a job to provide you with the time and energy to pursue your mission outside of work.

And don’t confuse your hobby with your job or your mission. Hobbies are activities you are interested in—something you do for your pleasure without a specific goal. 

You may be surprised to learn that earning more money or following your passion is not the main factor in finding a job that’s enjoyable and meaningful. According to two decades of research into the predictors of a satisfying life and career—drawing on over 60 studies compiled by 80000hours.org—to have a fulfilling career, you should do something you are good at that allows you to contribute value to something bigger than yourself.

The research shows the following predictors of job satisfaction.

Ask important questions

The specific questions you ask yourself matter. For example, rather than asking, “What’s my passion?” ask, “How can I be useful?”

Your answers will help you identify potential job paths aligned with your interests, abilities, and desired lifestyle. The questions below will get you started; based on your answers, keep asking questions specific to your situation that will help you determine your desired direction.

You become what you do

Be extra careful when accepting a job offer. A job shapes how you act and becomes part of your identity. Don’t underestimate the power of your co-workers to influence your behavior. Humans are herd animals, and the social norms of your group shape your behavior. Therefore, make sure the job you choose and the people you work with support who you want to become. 

Your identity changes through various stages of life. At different times in my life, I wanted to be a National Geographic photographer, pro rock climber, mountaineering guide, karate teacher, organic farmer, solar contractor, fireman, detective, stockbroker, inventor, entrepreneur, and many other things. The jobs I wanted to pursue were fueled by my interests and who I wanted to become.

Envision your future 

To ensure you are aiming at the right target, engage in mental time travel.Invest the time to clarify where you want to go and to imagine the future you want to avoid. Research shows that anticipating the ways things might go wrong helps you get things right. For example, in a work setting, teams can produce 30% more reasons why something might fail when they imagine the project did fail and then work backward to identify obstacles.[1] This process then helps them avoid those obstacles—and failure.

Spend time defining the life you want to avoid at all costs. Fearing this pessimistic vision and associated potential threats will help motivate you to make better decisions. You know your weaknesses and bad habits better than anyone, so you can imagine what would happen if you allow your worst impulses to guide your actions. Imagine falling prey to indecision, vices, a lack of self-discipline, and bad decision-making. Describe this future state in as much detail as possible, considering all aspects of your life, such as work, health, relationships, and finances. Force yourself to write for at least 20 minutes to clarify the future you want to avoid.

After picturing the life you don’t want, envision the future you do want to build. Close your eyes and spend a few minutes daydreaming about your ideal future. Consider all aspects of your life, including career, relationships, health, family, home, location, finances, and lifestyle. Spend some time imagining what your typical day looks like in your imagined ideal life.

Concentrate on the end state, not the process of getting there. This exercise does not require you to identify a specific job. If you know your dream job, that’s great, but if you don’t, simply describe the type of work environment, team, and tasks you enjoy.

For example, do you like working in an office, or do you prefer working from home or in the field? Do you want to travel for work? How many hours per week do you want to work? Do you enjoy working independently or do you want to manage a team? How many years into the future are you looking?

Be ambitious and don’t hold back on your vision. After a few minutes, start writing, but keep daydreaming. Write about your imagined, ideal future, and describe it in great detail. Even if you feel blocked, force yourself to let your imagination go and keep writing for at least 20 minutes.

ABZ planning 

After you envision your future and reflect on important questions, start sketching out your best hypotheses. Making career decisions involves much uncertainty, and it’s easy to feel stuck or not know where to start. Make some best-guess hypotheses and begin generating ideas. But be sure to make decisions and weigh tradeoffs focused on your long-term goals.

Your strategy will depend on your career stage. Early on, when you’re very uncertain, you should focus on career exploration and experiment. Don’t focus too narrowly on a single option. 

Go and gather information and test out lots of options. Speak with three or more people who work in a job area and read industry publications and books about the field. Look up the base rates for compensation in each job.

But realize that research and interviews can only get you so far. Try out different jobs. Take options that help you gain new skills and build valuable connections that can be useful in various fields. Consider taking on project work, internships, or jobs with trial periods or shorter commitments. Don’t be afraid to quit if the job is not what you thought it would be or if you realize it will not be useful in supporting your career path.

Later, when you have more responsibilities (e.g., mortgage, kids), you will need to use a different strategy because of your financial obligations and time restrictions. At this stage, you will need to make job decisions more methodically. Invest more time in research, create detailed scenario analysis, and talk through tradeoffs with your family.

After you get clear on your strategy, you are ready to make plans. Plans help you think through what you want and lay out the necessary steps to move forward. 

Your plan should change as you learn more. You will need to adapt to changing job markets and personal circumstances. Reid Hoffman, the founder of LinkedIn and author of The Start-Up of You, recommends using the ABZ planning framework.

Plan A. Define your job hypothesis. What problem do you want to work on? Why do you think it’s an excellent opportunity? What role do you want to play? Why will you be good at it? What skills, credentials, and connections will you need to be successful? Where do you want to be in three to five years? Question your beliefs by rigorously challenging and inspecting your assumptions. Write down your answers to these questions and conduct a premortem and backcast to work backward from a point in the future to help identify required steps and obstacles. 

Plan B. Assume Plan A is not working, and you need to make a course correction. Plan B explores nearby options but is not a radical departure from Plan A. You don’t have a crystal ball, so you can’t blindly follow your plan like a blueprint. Plans are not static. You will learn and need to make course corrections. For example, let’s imagine you are pursuing a job in corporate law. What happens if you find corporate law unfulfilling or it’s not what you thought it was? What’s an alternative path based on your interests you can pursue that leverages your law degree? Maybe you pursue criminal law, estate planning law, or intellectual property law. Map out your desired alternate option and repeat the planning exercise you completed for Plan A.

Plan Z. What do you do in the scenario when your plans aren’t working and you need to change something? Imagine you’ve invested time learning and making course corrections to your Plan Bs, but now you have lost confidence you are on the right path. Don’t continue doing something that’s no longer beneficial simply because you’ve already invested a lot of time or money in it. These are sunk costs. It’s time to execute your temporary fallback plan. Make sure you still have enough money in the bank to navigate a radical job change. Don’t wait until you run out of money and you feel trapped. Ideally, your Plan Z becomes your new Plan A.

Get feedback on your plans

Ask two to three trusted friends who know you well to provide feedback on your ABZ plans. Also seek feedback from a coach or from two to three people in the field you want to enter. Be vulnerable and monitor your emotions so that you are not defensive. Listen more and speak less.

Feedback is a rare and valuable resource. Direct, honest feedback is hard to find because very few people are willing to tell you the truth. Most people want to avoid conflict, and they don’t want to jeopardize their relationship with you. A conflict of interest often influences feedback from family, friends, or work colleagues. This is why it’s also helpful to get feedback from a coach and other people in your desired field. Your challenge will be to recognize the bias of the people providing you feedback and then to synthesize their input to make the right decision.

Next steps

Using these techniques and strategies can help you determine whether your job and career are carrying you toward your life goals or whether you need to make some course corrections on the fly. When your target and current location are clearer, you are ready to zero in on getting your desired job.

To learn more, sign-up for the “High-Performance Playbook” email series (it’s free), where I share the best evidence-based strategies, tactics, and frameworks to advance your career and make more money.


[1] Deborah Mitchell, J. Edward Russo, Nancy Pennington, “Back to the future: Temporal perspectives in the explanation of events,” Journal of Behavior Decision-making 2, no. 1 (January 1989): 25-38.

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Don’t miss out on the Information Age’s golden opportunities

We’re living through a remarkable moment: the beginning of The Information Age, a transformation reshaping society and how we work. As we shed the Industrial Age, like a snake slithering out of old skin, we discover that we need a new toolbox of skills and work habits.

In ages past, our ancestors’ primary skills changed from hunting and gathering to planting seeds and harvesting crops and eventually to operating machines in factories. In our world today, information technology is rapidly changing what skills are needed in the job market. To understand which rare and valuable skills you should work to acquire, determine which skills will be most valued and will cultivate the kind of creativity needed in today’s job market.

Artificial intelligence (AI) and automation are accelerating and will replace most jobs that are repetitive or don’t require creativity. No profession will escape. Any uncomplicated job that requires no creativity is at risk. In addition to affecting taxi and truck drivers, accountants, and cashiers, automation is now rippling through knowledge work, impacting industries such as healthcare, law, education, and financial services.

In a very short period of time, we have seen personal computers, the internet, cable TV, mobile phones, and cloud computing go from science projects to mainstream, essential infrastructure. The largest tech companies in the world, including Amazon, Google, Facebook, Apple, and Alibaba, did not even exist when I was born. And I’m not that old!

Historically, we do a poor job of imagining the jobs of the future because we are blind to the new industries, technologies, and services that will be created. Benjamin Franklin famously did not see much utility in his electricity experiments. In the early days of the internet, few people believed it would be useful in everyday life. Many voices are warning that robots and software will be taking jobs from humans. I’m not convinced that will be our main problem because I’m not convinced that we can confidently predict where our biggest problems will arise.

But I am convinced that to keep pace with innovation, you will need to reinvent yourself again and again. Standing still is moving backward. Ongoing investment in learning new skills becomes mandatory or you risk your skills being obsolete every three to five years.

Just as gunpowder separated military power from physical strength, information technology separates worker productivity from hours worked. One person with specific knowledge coupled with machines can replace hundreds of workers. And knowledge and information can be shared at the speed of light, which dissolves geographic boundaries and enables a global workforce.

An opportunity not to be wasted

Find the intersection of what you’re good at, what you’re interested in, and what the market will pay you for. You are facing a wide-open frontier bursting with opportunities if you have the courage to stake your claim. The Information Age will be the age of upward mobility. Your social status and geographic location at birth no longer predetermine your chances to succeed in the new economy. You have the opportunity to transform your life and earn your freedom.

You can pull three main levers to gain a competitive advantage and increase your market value:

If you invest wisely in these three areas, you can measure success not just by how many zeros you add to your net worth, but also by how much you pursue your interests, spend quality time with friends and family, and realize your potential.

Don’t get left behind

You’re no longer competing with job seekers in commuting distance of a particular office. More companies are adopting remote work due to improvements in video conferencing, messaging, and software tools. Therefore, employers can access a global talent pool.

Most professions are already dominated by the Pareto principle (80/20 rule), which means 20% of workers are responsible for 80% of the results and reap a disproportionate financial return. Global competition will amplify this effect.

If you’re not in the top 20% in your field, financial freedom will be hard to find. As competition intensifies, we are increasingly moving to a “winner-take-all” economy. Earning capacity is moving away from getting paid by the hour and toward performance professions like professional sports, music, and entertainment. Being “average” will not make the cut in the Information Age.

Don’t get stuck. If you get distracted and procrastinate, you will likely fall further and further behind. And the accelerating pace of change will make it harder and harder to catch up.

To learn more, sign-up for the “High-Performance Playbook” email series (it’s free), where I share the best evidence-based strategies, tactics, and frameworks to advance your career and make more money.

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How to evaluate job offers

I hate the idea of backtracking and wasting time. Have you ever accidentally gotten on the wrong train or bus and traveled for a while before realizing you were going in the wrong direction? If so, you understand the anxiety and frustration. Getting on the wrong train or bus may only waste 30 to 60 minutes of your time, but accepting the wrong job offer can cost you six months to a year of your life.

Because job decisions involve so much uncertainty and tradeoffs, the ideal job-decision tool would be a crystal ball. Then you could peer into your future and see the outcome of your choice. But since you don’t have a crystal ball, how do you make a decision?

The stakes are high. Where you decide to work has an outsized impact on your happiness and quality of life. And the person or people you work for and with have an even greater impact than the company you join. These decisions affect where you live, how much free time you have, the quality of your relationships with friends and family, your health, and what type of house you buy.

When you accept a job offer, you are committing significant time and energy. And you’re closing the door to other opportunities, at least temporarily. Often, it takes three to six months to ramp up in a new job before you hit your stride to make significant contributions or understand whether you are a good fit for the role, team, and culture. You don’t want to waste time and deal with the consequences of quitting suddenly just because you didn’t make a good decision. 

Invest time evaluating this critical decision. Leverage over two decades of scientific research into the predictors of a satisfying life and career to help you assess your job offer.

The best predictors of job satisfaction:

Use thinking tools to evaluate job offers

You may be thinking, “Those factors make sense, but how do I practically apply them to my job decision?”

Use the evaluation criteria and thinking tools discussed below to help you grapple with tradeoffs and clarify your thinking. To figure out whether a decision is good or bad, you need to understand what could be gained or lost and the likelihood of each possibility unfolding.

Thinking tools provide shortcuts to higher-level thinking, forcing your brain to think about a decision from different perspectives. They also allow you to engage in mental time travel and imagine your future in the job to uncover risks and weigh options. 

Think deeply, write down answers, and take time for careful and considered reasoning. I recommend investing a minimum of three hours of focused, undistracted time using the thinking tools below before soliciting feedback from trusted friends or advisors.

Avoid pro-con lists

Before I share my recommended thinking tools, I want to tell you about a common tool you should avoid: pro-con lists.

Pro-con lists suck because they:

Instead of pro-con lists, use the following tools and mental models to improve your thinking and evaluate your options.

Use the job decision scorecard

I created the job decision scorecard based on scientific research and other important factors to help me think through and evaluate job offers. Use this tool to assess a single job offer or compare multiple offers.

The scorecard includes:

Evaluation criteria

Adjust weights based on importance. Not all criteria are of equal importance. Adjust weights on a 1-to-10 scale (10 = most important) based on your preferred level of importance of each criterion. For example, you highly value having a supervisor you enjoy working with, so you assign a weight of 9 for the “Supervisor” category. Since you care less about “Perks” (e.g., gym membership, meals, cell phone), you assign a weight of 2 to this category.

Score each job offer. Add a score for each criterion on a 1-to-10 scale (10 = most favorable.) You will receive a total score adjusted by assigned weights. For example, if one job opportunity includes a 15-minute commute, I would give it a score of 9 in that category. I would give another job with a one-hour commute a score of 2.

Add confidence levels. Consider all factors and add your degree of certainty and likelihood of success. Are you 80%, 50%, or 20% confident this job provides the best next step in your career? Use a 1%-to-100% scale in Row 20 on the job scorecard template.

Instructions to complete the job decision scorecard

Step 1. Make a copy of the Google sheet to enable editing and data entry.

Step 2. Adjust weights in column B on a 1-to-10 scale (10 = most important) based on your preferred level of importance of each criterion.

Step 3. Score each job offer on a 1-to-10 scale (10 = most favorable) for each evaluation criteria. You will receive a total score adjusted by assigned weights on Row 21.

Step 4. Add confidence levels using a 1%-to-100% scale on your likelihood of success (e.g., 80%, 50%, 20%) on Row 22.

Don’t get caught up in being too precise. Remember, it’s a thinking tool—not a crystal ball. It can help you grapple with tradeoffs but can’t precisely predict the future, no matter how accurately you score it.

Engage in mental time travel

Envisioning positive and negative future outcomes helps you identify obstacles, predict reasons for success and eliminate regrets. Research shows that anticipating the ways things might go wrong helps you more successfully reach your destination. You can produce 30% more reasons for why something might fail when you engage in mental time travel to identify obstacles to the desired outcome.[1] Use the following steps to facilitate your mental trips.

Apply mental models

In the summer of 2016, I went through the startup accelerator Y Combinator (YC.) One of the most valuable aspects of that experience was “office hours,” when I met with a YC partner and got feedback about a specific problem or decision. I gained new insight as the partner helped me view my problem through a different lens. Mental models can function like a YC partner or advisor, forcing you to see a problem from a different perspective and teaching you how to think better.

Mental models make decisions less risky by helping you better understand the reality of the world around you. We all have models in our heads based on our genetics, experiences, and backgrounds, but we need a toolkit of models to make good decisions. Relying solely on one model is like seeing every problem as a nail and solving every problem with a hammer.

Get feedback on your job decision

After you invest time alone using thinking tools, ask two to three trusted friends who know you well to provide feedback on the job offer. Also, seek feedback from a coach or two to three people in the field you want to enter. Feedback will give you an outside view to ensure your enthusiasm for the opportunity is not blinding you to negative consequences or other options. Be aware of the bias of the people giving you feedback. Sometimes you will receive feedback that conflicts. Your job is to synthesize the input and decide what to disregard.

Choose wisely

Don’t rush your decision. Sleep on it to allow your mind to consider your options. Your subconscious mind does more thinking than you realize. After investing time using thinking tools and seeking feedback, you are ready to make your choice and commit. Don’t accept the offer if you lack conviction. Remember, “Hell Yeah or No!” It may be better to invest your time exploring other options and building skills rather than job hop as there will be a significant time investment before you and your new employer know if you will be a successful match. If you decide to accept, commit fully and start planning for success.

To learn more, sign-up for the “High-Performance Playbook” email series (it’s free), where I share the best evidence-based strategies, tactics, and frameworks to advance your career and make more money.


[1] Deborah Mitchell, J. Edward Russo, Nancy Pennington, “Back to the future: Temporal perspectives in the explanation of events,” Journal of Behavior Decision-Making 2, no. 1 (January 1989): 25-38.

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Busting the myths about work and success

I have a confession to make. When an idea hooks me, I get obsessed. My appetite for experiences and information related to that idea rivals a half-starved bear coming out of his den after hibernation.

For the past two decades, I’ve been obsessed with understanding how to earn lots of money while doing something to contribute value and help others. This quest led my many entrepreneurial adventures, and I experienced making millions of dollars as I worked on a mission I believed in. And I also experienced becoming disillusioned with my work, questioning my beliefs, and losing millions of dollars in the process.

So I began digging into research on job satisfaction and probing the profiles of hundreds of successful people to look for patterns to help guide my future path. The results surprised me. I discovered I had made mistakes because I believed too many popular myths about work and success. I’m willing to bet you also believe one or more of the myths I list below.

If I’m wrong, stop reading. But if you hold any of these misconceptions, you may benefit from what I’m going to share.

Myths

Reality

Best predictors of job satisfaction

Factors that optimize productivity

Time spent does not equal value

Keys to success

Skills beat credentials

Navigating the minefield of outdated information and myths about how to be successful at work can be challenging. Writing about this topic forced me to wrestle with my own ideas and understand what I think. My goal was to inform my own career decisions. Now I want to share what I’ve learned.

Money buys freedom

Money doesn’t solve all your problems, but it allows you to pursue your interests and spend more time with friends and family.

Financial insecurity triggers fear and anxiety. Fear influences your choices and feeds like a parasite on your energy. The fear of losing your income lurks in the back of your mind like a squatter living rent-free in your head.

You’re not going to have freedom from financial stress until you have enough savings to support your current lifestyle for at least one year without working.

I didn’t understand how much fear influenced my choices until we sold our company, which provided enough money to support myself for a few years without working. The sale did not give me enough money to retire, but it gave me freedom from financial stress and the ability to focus on what I wanted to do next.

The relief from anxiety was just one of the benefits. Financial freedom unlocked creativity and transformed how I viewed risk and decision-making. More savings allows you more opportunities to take more risks. If you never take risks, you will never stretch yourself to realize your potential. Your job and career choices determine your financial independence. No one can tell you exactly what to do because your path will be unique. But you’re not the first person to face this challenge, and clear patterns have emerged to help you avoid wasting time and make better choices.

To learn more, sign-up for the “High-Performance Playbook” email series (it’s free), where I share the best evidence-based strategies, tactics, and frameworks to advance your career and make more money.