Saturday, October 20, 2007
THINK OVER ONE HUNDRED THOUSAND PER YEAR!
SEVEN KEY TIPS TO GET IN AND REMAIN IN THE SIX FIGURE WORLD.
ONE
If you are a recent graduate, don’t buy into the traditional salary increase mindset. You know the one: graduate university, get a position at 30-35K, work hard to get an increase to 50k after a few years. Find a way to management after 5 years and slide into the 75K level. Then, after 10 years of working like a dog, helping the company grow, make it into sr. level management at 100K and then hope like hell to stay there for the final 20 years. Retire. This is complete nonsense. Professionals from 25-35 should realize that with a tactical internal and external marketing strategy of their skills and a great intra-company career plan, they can make major leaps in career growth and income in this red-hot labor market.
TWO.
Learn to deal with ignore those around you that think six figures is a lot of money. The nay-sayers and that often include family and friends that attempt to rationalize why it’s too tough, or that you’ll have to forfeit your personal life and sell your soul for higher bracket incomes. Most people under six figures think that professionals in the higher brackets only chase money. Infact most high achievers that I deal with know that we” chase time not money”!
THREE.
You got to six figures with your drive and a plan to get there, but after reaching it, you must create and set higher income targets. You don’t stay at a 100 K by wanting to make the exact same amount next year. Shoot higher, two hundred thousand or go way beyond and start thinking and believing you can earn seven figures.
FOUR.
Start surrounding yourself and networking with higher bracket professionals. Unfortunately if you are the highest earner in your peer group, then it becomes more difficult to sustain the information edge and strategic edge to maintain and grow your income and career. I’m not saying ditch your friends, I’m saying find higher bracket collegues to support and exchange ideas with regularly.
FIVE.
It’s crucial to develop your network more than ever after making to the higher bracket of income. Companies looking for talent at this level need to see more than just education, skills and achievements. They want professionals that have built and can access and integrate their network within the growth plans of business. If you don’t have strong accessible network, then start building relationships to support and support you.
SIX.
You need to work on soft skills: likeability, candor, perseverance managing confrontation, duplication, emotional intelligence and more. These skills are extremely misunderstood and overlooked when assessed by mid-level hr. departments. However, these are the most coveted characteristics required to move up the corporate ladder.
SEVEN.
Consider who you take career advice from. Respectfully most people seek career advice from family, friends and acquaintances. These people might have the best intentions. But do they have the time, resources and expertise to dispense advice that you can use and implement? Will they be accountable to deal with the end-results of their advice? If one of your goals is to reach and remain in the higher income world then make sure you have fun with your family and friends but take career advice from an expert that been in the higher bracket and has helped other succeed.
Minto Roy
President
PCMG Canada/Careers Today Canada
/http://www.pcmgcanada.com/ / http://www.careerstodaycanada.com/ / http://www.pcmgexecutive.com/ www.mintoroy.net
ONE
If you are a recent graduate, don’t buy into the traditional salary increase mindset. You know the one: graduate university, get a position at 30-35K, work hard to get an increase to 50k after a few years. Find a way to management after 5 years and slide into the 75K level. Then, after 10 years of working like a dog, helping the company grow, make it into sr. level management at 100K and then hope like hell to stay there for the final 20 years. Retire. This is complete nonsense. Professionals from 25-35 should realize that with a tactical internal and external marketing strategy of their skills and a great intra-company career plan, they can make major leaps in career growth and income in this red-hot labor market.
TWO.
Learn to deal with ignore those around you that think six figures is a lot of money. The nay-sayers and that often include family and friends that attempt to rationalize why it’s too tough, or that you’ll have to forfeit your personal life and sell your soul for higher bracket incomes. Most people under six figures think that professionals in the higher brackets only chase money. Infact most high achievers that I deal with know that we” chase time not money”!
THREE.
You got to six figures with your drive and a plan to get there, but after reaching it, you must create and set higher income targets. You don’t stay at a 100 K by wanting to make the exact same amount next year. Shoot higher, two hundred thousand or go way beyond and start thinking and believing you can earn seven figures.
FOUR.
Start surrounding yourself and networking with higher bracket professionals. Unfortunately if you are the highest earner in your peer group, then it becomes more difficult to sustain the information edge and strategic edge to maintain and grow your income and career. I’m not saying ditch your friends, I’m saying find higher bracket collegues to support and exchange ideas with regularly.
FIVE.
It’s crucial to develop your network more than ever after making to the higher bracket of income. Companies looking for talent at this level need to see more than just education, skills and achievements. They want professionals that have built and can access and integrate their network within the growth plans of business. If you don’t have strong accessible network, then start building relationships to support and support you.
SIX.
You need to work on soft skills: likeability, candor, perseverance managing confrontation, duplication, emotional intelligence and more. These skills are extremely misunderstood and overlooked when assessed by mid-level hr. departments. However, these are the most coveted characteristics required to move up the corporate ladder.
SEVEN.
Consider who you take career advice from. Respectfully most people seek career advice from family, friends and acquaintances. These people might have the best intentions. But do they have the time, resources and expertise to dispense advice that you can use and implement? Will they be accountable to deal with the end-results of their advice? If one of your goals is to reach and remain in the higher income world then make sure you have fun with your family and friends but take career advice from an expert that been in the higher bracket and has helped other succeed.
Minto Roy
President
PCMG Canada/Careers Today Canada
/http://www.pcmgcanada.com/ / http://www.careerstodaycanada.com/ / http://www.pcmgexecutive.com/ www.mintoroy.net
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