Lessons from career transitions and the psychology of money

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What are you learning from your career?

Life can be a great teacher if we let it.

Or, we can just let life pass us by and not be changed at all by it.

Your choice. I know which one I want to accept.

So, it helps to look back on and reflect on the things that life has taught us from time to time. I did that by looking back at some of my critical career transitions and the lessons I learned from them. 

There were three clear lessons that came out, so I’m sharing them with you today!

I’m also sharing one of my favorite books on money and the psychology behind how we behave with it. It can get a bit tricky.

Hope you take some lessons and apply them to your life/career!

In today’s newsletter:

• Lessons from Career Transitions

• Money and psychology

• Hot jobs

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CAREER TIPS

3 Lessons I Learned from Career Transitions

Over the course of my career, from working in big/small companies and now running my own business, I've learned a few lessons. There were many points of uncertainty, fear, and change. 

As I moved through these changes, here are three important lessons I learned:

1. Look at your whole career as a creation process

Designing a career and creating the life you want to live takes time. It will not happen all at once, and it will require you to take many small steps. I often get impatient. Maybe you do, too, at times. The key here is to be patient, enjoy the journey, and have the courage to be molded by the experiences you gain during the course of your career.

2. Careers are not always linear 

The path to success isn't a walk in the park or a straight line. You'll likely have many bumps and detours along the way, which is perfectly fine. Learn from them. These unexpected experiences have things to teach us. In the future, what you learn can help you know which jobs to let go of or to stay longer at to make sure that you are on the right path toward your goals. 

Nevertheless, whatever part of your career or job you are in, there are always gifts of wisdom and knowledge that you can take with you at each step along the way to become wiser.

3. Take every lesson as an opportunity to improve rather than making those instances discourage you

You will experience a variety of situations where your character and skills will be tested. You won't succeed or be instantly great at everything. You'll get some hard feedback at times. 

These experiences are not a knock on you as a person. They are an opportunity to improve, learn and grow. See them as such, and you'll be poised to use them as a springboard for future success! 

What lessons are you learning in your career right now? It’s worth recording them to solidify what you learn along the way!

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📚 BOOK RECOMMENDATION

The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel

Engineers need to be able to make good money and then learn how to make good decisions with that money.

But money and decisions around it are often wrapped up in history, emotions, and much more.

Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.

Money―investing, personal finance, and business decisions―is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.

In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.