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- You are the CEO (Part One)
You are the CEO (Part One)
Using your three resources wisely with this reframe
Think for a second about how you approach your career.
Are you waiting for promotions and new opportunities to fall into your lap?
Or, are you preparing yourself in a way where these opportunities are not just possible, but probable?
The reality is that you are the CEO of your career and your career is your company.
In today’s edition:
Treating your career as your company
Taking responsibility and ownership
Using your only three resources wisely
You are the CEO of the company of you
As CEO, you decide your direction, investment strategy, skill acquisition, and how best to serve your customers.
This simple reframe is powerful because it instills a mindset that leads to career success.
Once you realize that you have a great deal of control over the direction and development of your career, you will begin to take full ownership of shaping it.
As CEO, you will craft strategies and long-term plans that lead to your goals and these will impact your daily choices.
Invest your resources into yourself
You will only ever have three resources: your time, your energy, and your money.
Time:
Time is your most precious resource and you must spend it well.
If you have 31 years left to live (assuming an average life expectancy) you are a time billionaire. That’s right, you have one billion seconds more to spend. Let that sink in.
This means that out of the gate, you are very wealthy even if you have no money.
So how can you invest some of that precious time into your career?
Invest in yourself by spending the time you would normally waste on social media reading books that give you the knowledge necessary to reach your goals.
It can be helpful to think about the reason you are currently not where you want to be in 25 years: skill and knowledge debt. You simply don’t have the skills or knowledge necessary for that position.
The Solution: Invest some time into yourself by reading one book on leadership, finance, or general business.
Energy:
Everyone has some level of energy they can choose to spend daily.
If you do not invest some of your energy or “sweat equity” into your personal development, it will be difficult to reach the goals you have set for your career.
The truth is that great results often require consistent effort over a long period of time.
With this reality in mind, spend some of your daily energy growing the business of you.
Maybe this means devoting some mental energy to planning for the future or spending physical energy going to the gym to ensure you’re healthy.
Money:
Form healthy habits around money that make reaching and exceeding your career goals likely.
As the CEO, you decide where your money is invested.
You can allow yourself to buy impulsively or delay the gratification of your desire for an even greater reward later.
Mastering the resource of money relies on creating positive behaviors, guidelines, and systems for yourself.
These guidelines can be as simple as waiting 24 hours before spending more than 1% of your net worth to curb impulsive and emotional purchases.
I recommend investing money monthly into a learning budget so that you acquire high-value skills through education by buying books, courses, and training.
Learning these skills will steadily increase your hourly rate and help you accomplish your goals faster than your peers.
Takeaways:
Develop the mindset that you are the CEO of your career.
Invest your resources (Time, Energy, and Money) heavily into personal growth to achieve your goals faster than your peers.
Take ownership of your career and growth.
Photo of the Week:
Shot by Nick Da Fonseca
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Rock on,
Camden
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