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Career Development

Hitch Your Wagon to a Rising Star

October 28, 2021 By Nagesh Belludi Leave a Comment

If it becomes apparent that someone above you on your department’s org chart is a superstar, let them know that you want to join their team or continue to work with them as they move up. Especially if you sense you’d connect with them intellectually as well as emotionally.

Companies identify their A-players, pour training into them, give them growth opportunities, and build their experience using “stretch assignments.” Partner with such a superstar. Even if they get hired away by a competitor, you’ll stand a chance of moving with them.

Contrarily, if you wind up working with someone whose career is about to implode, try to get a transfer away from that person as quickly as possible.

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Filed Under: Career Development, Managing People Tagged With: Career Planning, Getting Ahead, Mentoring, Role Models, Winning on the Job, Workplace

Don’t Get Stuck in Middle Management

September 21, 2021 By Nagesh Belludi Leave a Comment

This survey by the Association of Asian Americans in Investment Management reports (via The New York Times DealBook column) the nature of discrimination and bias faced by Asian Americans:

Asian Americans and Pacific Islanders are often stereotyped as lacking leadership skills. At investment firms, they “fill middle management ranks, but their percentages plummet in senior management and C-suites.” Respondents said they were often tapped as technical experts and benefited from the perception that they are good workers. But their advancement stalled as they sought more senior roles that emphasize networking and communication skills.

Most professionals fail to realize that the competencies that made them successful in their early corporate roles are not necessarily the attributes that will allow them to outshine in roles higher up on the ladder. These desirable qualities would include forming coalitions, managing relationships and alliances, determining where and when to shift one’s focus, and learning to appreciate different perspectives.

Work out what you need to get to the top and fight the perceptions

  • Evaluate where your development priorities should be. Find out how you can acquire the necessary skills and competencies. Go get them. Become more visible to management and situate yourself for a promotion.
  • Network wisely. Understanding who must be won over to your point of view is vital for training for your promotion. Spend time cultivating meaningful relationships.
  • Ask for honest feedback—not just from your boss but also from well-respected peers, customers, mentors, and others. Confront problems quickly lest they metastasize.

Idea for Impact: In today’s world, your skills and promotability are your responsibility.

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Filed Under: Career Development, Sharpening Your Skills Tagged With: Biases, Career Planning, Interpersonal, Leadership, Personal Growth, Skills for Success

Wouldn’t You Take a Pay Cut to Get a Better Job Title?

August 27, 2021 By Nagesh Belludi Leave a Comment

Venture capitalist Ben Horowitz on giving employees ego-boosting new job titles to appease them for not receiving a promotion or a pay increase:

Marc Andreessen argues that people ask for many things from a company: salary, bonus, stock options, span of control, and titles. Of those, title is by far the cheapest, so it makes sense to give the highest titles possible… If it makes people feel better, let them feel better. Titles cost nothing. Better yet, when competing for new employees with other companies, using Andreessen’s method you can always outbid the competition in at least one dimension.

Millennials tend to consider work as the defining aspect of their identity (see Horowitz’s What You Do Is Who You Are (2019.)) Job titles aren’t just descriptors of what they do but a reflection of who they are—not just service technicians at an Apple Store, but Geniuses. A self-elevating job title helps them cling to the notion that work has meaning and, consequently, their work-lives make sense.

Moreover, since they’re experiencing more of their lives online than any generation before them, millennials tend to be conscious of their personal brands on social media. Being a ‘senior numbers ninja’ rather than a mere ‘cost accountant’ offers instant branding appeal.

Idea for Impact: However superficial they sound (“bogus grandeur,” I called them previously,) a fancy title could help you land a better position further down the line. Get creative with your job title even if you have to take a hit on your expected salary—it could pay off in the long term.

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Filed Under: Career Development, Managing People Tagged With: Career Planning, Human Resources, Job Search, Marketing, Winning on the Job

Don’t Quit Your Job Until

July 20, 2021 By Nagesh Belludi Leave a Comment

Before you quit your job, give your employer a chance to address your issues.

Thoughtfully identify what the real concerns are. Is the problem your current job, your supervisor, a coworker, the processes, the whole company? If the job is the problem, consider making a move within your company before you decide to leave.

Time your concerns appropriately. Use your best insight into how and when to talk to your supervisor based on her temperament.

If you don’t tell your supervisor, she can’t fix it. Who knows what’s feasible—a different job description, team, department, schedule? You may just be surprised at how enriched your experience can be once the key issues are addressed.

Don’t jump ship in frustration if you’re likely to run into the same problems with your next employer. It’s easier to tackle frustrations in a familiar environment at your current employer than at a new company, where you’ll be under pressure to learn the ropes and quickly produce results.

Indeed, your supervisor may not be able to fix your issues even if she knows what they are. But unless you give her a chance, you’ll never know. If you can’t work it out, don’t get hung up on whose “fault” it is.

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Filed Under: Career Development Tagged With: Career Planning, Job Transitions, Managing the Boss, Work-Life

Don’t Quit Your Job Just Yet

June 28, 2021 By Nagesh Belludi Leave a Comment

As the pandemic subsides, many people are quitting their jobs after being summoned back to the office. A common motive is a life and career reorientation.

During the pandemic, many people started examining work in the context of meaning in life. Isolated from co-workers and customers, they started to feel like their jobs became just the work itself. Some are burned out and dread retreating to the daily life of distractions, commutes, and long office hours—often at the expense of flexibility and family and personal wellbeing.

Overall, people have used the space and time to reflect upon their lives and explore their life priorities. They’ve aspired to take some time off and figure out what they really want to do. Now, they feel like they can afford to take risks and try something new. The money they’ve saved up from lower everyday expenditures during the pandemic can tide them through the transition time.

If you’re thinking of taking a break from work now, don’t quit your job just yet. Give your employer a chance to address your concerns and preferences. Discuss your ambitions for change. Most managers are willing to make the necessary changes and explore hybrid work alternatives. Even if your current situation doesn’t fully jibe with your life’s goals, you could find a suitable sweet spot.

Idea for Impact: Don’t quit until you’ve established yourself in the future path. If you want to take some time off, have a plan ready. If you have the itch to become an entrepreneur, first get your stakes on a side hustle.

Don’t sacrifice that steady paycheck until you’re well positioned for what you want to do next. It usually takes you a lot longer than you think to find a new job, become self-employed, or prepare for a meaningful sabbatical.

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Filed Under: Career Development, Living the Good Life, Personal Finance Tagged With: Balance, Personal Growth, Work-Life

What’s the Best Way to Reconnect with a Mentor?

June 10, 2021 By Nagesh Belludi Leave a Comment

Send a thank-you note immediately after a meeting with a mentor. Include anything that could add to—but not draw out—the conversation you’ve had with her.

A further opportunity to say thank you—and request to reconnect—surfaces after you’ve accomplished something anchored in your prior conversations with the mentor. Write her a sincere thank you note, describe what they did for you, and report the impact. Then, request to get back in touch and say, “I’d love to meet up with you the next time I’m in Chicago.”

The only reward mentors often look ahead to is the satisfaction that they’ve made a difference. So your mentor will find it meaningful to hear from you, even if weeks or months later. As a result, she’ll be more inclined to meet again.

Considerate mentors are generally approachable to people who ask the right questions, listen well, put into practice what they’ve learned, and demonstrate that they care sincerely for advice and counsel.

Idea for Impact: Getting your hands on a good mentor is tough enough, but maintaining—and nurturing—that relationship meaningfully can be just as challenging.

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Filed Under: Career Development, Effective Communication, Managing People Tagged With: Asking Questions, Conversations, Etiquette, Mentoring, Networking, Social Skills

The Truth about Being a Young Entrepreneur

May 24, 2021 By Nagesh Belludi Leave a Comment

I think we should start telling our young people that getting into business is hard.

Let’s stop pumping them up, “Go for it, kid. This is awesome. This is going to be the best thing you’ve ever done. If X can do it, you can do it too. You’re going to smash it.”

Entrepreneurs have a tendency to over-confidence, and the over-confident tend to be socially and culturally primed for entrepreneurship.

Fact is, most first-time entrepreneurs wish that someone had told them how hard it was going to be. Ideas are a dime a dozen. When real-life replaces daydreams, researching, experimenting, taking on customers, building a team, gaining wisdom, and getting cash in the door are all awfully difficult. Most self-employed people put in very long hours and worry about their work, even outside of work. Entrepreneurship simply isn’t for everyone.

America is fascinated by entrepreneurs. But the successful-young-entrepreneur narrative has generated a false affirmation that sets up people for disappointment when they encounter reality.

In recent years, we’ve seen more young people diving into the startup realm. Yes, young entrepreneurs have lower opportunity costs and a better sense of the new generation’s needs. But they don’t have the network, mature frame of mind, industry insight, and adequate financial resources vital to success. Indeed these factors are why older entrepreneurs tend to have a substantially higher success rate.

Let’s stop creating false hopes for young people who don’t realize how difficult business—even a one-person-shop—is. Yes, encouragement is essential, and it can go a long way in helping people succeed. However, let’s lend support to reality and not a myth.

Idea for Impact: If you have the entrepreneurial itch, don’t become quickly sold on tales of grandeur.

Don’t build a startup to become a trend.

Don’t quit your day job yet—especially if your business idea is a spin-off from your present occupation or you intend to turn a hobby or a particular interest into a thriving business.

Don’t give up that steady paycheck until after you’ve built a side hustle.

Don’t listen to the superstars.

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Filed Under: Career Development, Personal Finance Tagged With: Entrepreneurs, Learning, Personal Finance, Personal Growth, Personality, Persuasion, Role Models, Skills for Success

Why You Should Interview For a Job Even if You Don’t Want It

May 21, 2021 By Nagesh Belludi Leave a Comment

When you’re uncertain about a position or the company that’s invited you, attend the interview anyway. Do your best. At the very least, it’s an excellent opportunity to practice your interviewing skills.

It’s good to endure the uneasiness—or panic—leading up to interviews. The more interview styles and settings, and the variety of interviewer personalities you’re exposed to, the more prepared you’ll be when you land that dream job interview. Presenting your best self in an interview is a rehearsed performance.

Better yet, any interview could open doors. You may discover details of a position, team, or company that you may end up liking. Job descriptions tend to be nondescript, and you don’t get a real sense of a role or a company until you’ve had a face-to-face or telephone conversation. Too, if you make a positive impression, the interviewer may refer you to another job opening that’s a better fit.

If the interview is definitely not what you were going for or if you have an attractive job offer lined up already, don’t waste your time—and the interviewer’s time.

Idea for Impact: Every interview could be worth your time, even if you don’t want the job.

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Filed Under: Career Development Tagged With: Job Search, Job Transitions

‘Follow Your Passion’ is Really Bad Career Advice

May 17, 2021 By Nagesh Belludi Leave a Comment


One of Our Greatest Literary Stylists Was a Full-time Business Executive

Wallace Stevens, one of the 20th century’s most celebrated poets, was a full-time insurance executive for The Hartford Accident and Indemnity Company. The son of a wealthy lawyer, Stevens attended Harvard, where he became recognized on campus as a prolific and multitalented writer. He moved to New York City to become a poet. His father was a lover of literature but was also prudent. He disapproved of Stevens’ literary aspirations and directed his son to cease writing and study the law.

Stevens eventually caved to his family’s pressure and went to New York University Law School. He practiced law at several New York firms for more than a decade before becoming an insurance lawyer and executive.

Stevens wrote most of his poetry on his daily two-mile walks to and from work: “I write best when I can concentrate, and do that best while walking.” He would take slips of paper in his pockets and jot down words. His secretary would type them up for him.

Despite the job demands, Stevens produced a fantastic body of imaginative work in his spare time. He won the Pulitzer Prize for poetry in 1955 for Collected Poems (1954.)

A Paycheck Comes First

Artists of all kinds have kept their jobs their entire lives. Among just the writers,

  • T. S. Eliot did some of his best work while employed at Lloyds Bank in London.
  • Two-time Poet Laureate Ted Kooser was also an insurance executive for much of his career. He would get up early, write poems for an hour and a half, and then go to work.
  • Pulitzer winner A. R. Ammons was a sales executive at his father-in-law’s scientific glass firm.
  • Richard Eberhart, another Pulitzer winner, worked at the Butcher Polish Company, his wife’s family’s floor wax business.
  • Poet Laureate James Dickey started his career at an advertising agency to “make some bucks.” A copywriter, he worked on the Coca-Cola and Lay’s Potato Chips accounts. He famously said, “I was selling my soul to the devil all day… and trying to buy it back at night.”
  • William Carlos Williams was a doctor in New Jersey practicing pediatrics and general medicine.
  • Novelist Henry Darger was a custodian at a Chicago hospital.
  • Harvey Pekar was a VA Hospital clerk in Cleveland. He held this job even after becoming famous. Until he retired in 2001, he declined all promotions.
  • Jules Verne was an agent de change (a broker) on the Paris Bourse. He woke up early each morning to write before going for the day’s work.
  • Novelist Jodi Picoult worked at an ad agency and a financial analyst, a textbook editor, and an eighth-grade teacher. She wrote her first novel when she was pregnant with her first daughter.

Disregard the Inspirational Mumbo Jumbo

Each of these authors had ambitions to be a writer but didn’t think they could earn a living at it initially. They started working as a means to an end. At the same time, they plodded away at writing, honing their craft, trying to appeal to readers, and refusing to stop trying because of their ambition and passion.

The boilerplate career advice “Do what you love and the money will follow” is aspirational but hardly practicable. Plenty of people are passionate about their craft, but few people can turn those passions into an actual paycheck.

Many people want to “do what they love” and specialize in, say, 17th-century Metaphysical poetry, get disheartened when there aren’t a lot of job positions available in that field, let alone that narrow area of expertise.

Pursue a passion but as a hobby. Work at it, and until you can find people who’ll like your work well enough to pay you for what you love to do, get a day job that’s acceptable and pays reasonably well. A steady professional income will take the pressure off. You’ll still be pursuing what you love, and, hopefully, someday, you can make a full career of it.

For now, though, let the money follow, if only from a different source.

Idea for Impact: Cultivate a Passion, But Don’t Expect to Make it a Career Right Away

To follow a passion, go get a day job. Think of it as your side gig. Then make time to cultivate your passions. When you’re good at something that people are likely to want, the money will come.

Despite the well-meaning counsel to follow your passion, the truth is, it’s easier to pursue your passion and achieve your dreams if you can afford to work free. Until then, seek the peace of mind that comes from being able to pay your bills and attaining financial stability.

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  5. Get Started, Passion Comes Later: A Case Study of Chipotle’s Founder, Steve Ells

Filed Under: Career Development, Living the Good Life, The Great Innovators Tagged With: Career Planning, Life Purpose, Persuasion, Pursuits, Role Models

Five Ways … You Could Elevate Good to Great

March 18, 2021 By Nagesh Belludi Leave a Comment

  1. Don’t be too self-critical. If you must dissect your faults, do so with a mirror, not a magnifying glass. For instance, reframe “I’m buried in debt” as “I owe $800 on credit cards and $10,000 in student loans.”
  2. Set easy-to-meet, incremental goals. You’ll feel so good about the results that taking the next step will be much easier. The best plans are only good intentions unless you set deadlines for yourself and achieve results. Keep a written list of all your accomplishments, however small, and celebrate your progress.
  3. Don’t try to do everything. Continuous learning on a few areas will help you pin down and sharpen the essential skills to move up.
  4. Make the most of mentors. Bring together a range of experts and tap into their knowledge and experience. Watch and learn how those you admire got to where they are now. Take responsibility for your own development and placement. Map out your own journey.
  5. Seek out opportunities. Join cross-team projects. Get involved with all aspects of your job. Keep your eyes and ears open to everything up for grabs. Ask for what you want and take risks—you’ll accomplish more and feel good about being brave.

Bonus: Come to terms with your limitations and deal with problems deftly before they metastasize.

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  1. Some Lessons Can Only Be Learned in the School of Life
  2. How to … Be More Confident at Work
  3. Hitch Your Wagon to a Rising Star
  4. Beware of Advice from the Superstars
  5. Reverse Mentoring: How a Younger Advisor Can Propel You Forward

Filed Under: Career Development, Sharpening Your Skills Tagged With: Getting Ahead, Learning, Mentoring, Personal Growth, Role Models, Skills for Success, Winning on the Job

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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RECOMMENDED BOOK:
So Good They Can't Ignore You

So Good They Can't Ignore You: Cal Newport

Computer scientist Cal Newport explains how blindly following one's passion is a poor career strategy. Developing precious skills can initiate a passionate pursuit and a meaningful career.

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